OPM’s Retirement Backlog Grows 7% in June
Thanks to the smallest number of claims processed in a month so far this year, the retirement backlog at OPM grew in June.
Retirement
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
How Much Income Will My FERS Pension Provide in Retirement?
How does the FERS pension work, and how much can it add to your overall retirement income?
The FERS Special Retirement Supplement
How does the special retirement supplement work under FERS? The author provides a basic explanation.
Unbiased Survivor Annuity vs. Life Insurance
What are the key differences between survivor annuities and life insurance? The author provides an explanation.
TSP Promises and Pitfalls?
The guarantee that comes with the G Fund may sound great, but it comes with a hidden retirement risk that many federal employees tend to overlook.
Anticipating the 2020 COLA
What is the likelihood that COLA recipients see an increase in their annuity payments in January?
The Applicant’s Statement of Disability: SF 3112A and the “Only” Problem
Form SF 3112A, the Applicant’s Statement of Disability, is critical in a FERS Disability Retirement process and if not prepared correctly can break one’s case.
Retirement Backlog Relatively Unchanged in May
OPM’s retirement backlog showed only a slight drop in May as compared to the previous month.
4 Emotions New Federal Retirees May Experience
Retirement is a life changing event, and new retirees are likely to experience a variety of emotions as they make the transition.
FERS Supplement and the Earnings Test
Some federal employees can receive a special supplement under FERS when retiring early, but there are limits on what they can earn before it gets reduced.
