Retirement

Can LEO Employees Extend Their Service Outside of Law Enforcement to Become Eligible for the 1.1% Annuity Computation?

By on February 22, 2018 in Q&A, Retirement with 0 Comments

Can a law enforcement employee extend working years in a non-law enforcement capacity to become eligible for the 1.1% FERS annuity calculation?

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Are Abnormally Successful Feds Faking Their Own Death for Financial Gains?

By on February 21, 2018 in Retirement with 0 Comments
Are Abnormally Successful Feds Faking Their Own Death for Financial Gains?

How would your spouse get by in retirement if you were to pass away? The author discusses how imagining this scenario can help with your retirement planning.

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White House Proposals For Civil Service Reform: What They Missed

By on February 21, 2018 in Pay & Benefits, Retirement with 0 Comments
White House Proposals For Civil Service Reform: What They Missed

The White House’s 2019 budget blueprint offered many proposals for civil service reform. The author provides an analysis of which ones he says missed the mark.

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What’s the Impact of the [PROPOSED] FERS Benefit Cuts?

By on February 18, 2018 in Pay & Benefits, Retirement with 0 Comments
What’s the Impact of the [PROPOSED] FERS Benefit Cuts?

The White House’s 2019 budget outlined a number of proposed cuts to federal employees’ benefits. How much of an impact would these have on your retirement?

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5 Things a Widow or Widower Would Tell You About FERS Survivor Benefits + A Common Question

By on February 15, 2018 in Pay & Benefits, Retirement with 0 Comments
5 Things a Widow or Widower Would Tell You About FERS Survivor Benefits + A Common Question

How much does your spouse receive from your FERS pension if you pass away? That depends on the survivor benefit option you choose.

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What Impact Does Sick Leave Have on the FERS Annuity Computation?

By on February 14, 2018 in Q&A, Retirement with 0 Comments
What Impact Does Sick Leave Have on the FERS Annuity Computation?

Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?

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Shrinking Supplemental Annuity Payments: Response from OPM

By on February 13, 2018 in Q&A, Retirement with 0 Comments
Shrinking Supplemental Annuity Payments: Response from OPM

Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.

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Substantial Cuts to Federal Employee Benefits Proposed in FY 2019 Budget

By on February 12, 2018 in Pay & Benefits, Retirement with 0 Comments
Substantial Cuts to Federal Employee Benefits Proposed in FY 2019 Budget

As anticipated, the FY 2019 budget proposal from the White House outlines proposed benefits changes for federal employees. Here is a summary.

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A Shrinking Annuity Payment for Some Former Feds

By on February 11, 2018 in Pay & Benefits, Retirement with 0 Comments
A Shrinking Annuity Payment for Some Former Feds

OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.

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IRS: TSP Annual Contribution Limit Not Affected by New Tax Law

By on February 7, 2018 in Pay & Benefits, Retirement with 0 Comments
IRS: TSP Annual Contribution Limit Not Affected by New Tax Law

The IRS said in a recent announcement that the new tax cut law will not change the 2018 annual contribution limit for the TSP.

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