Eliminate the Cap, Solve Social Security’s Financial Problems?
Would eliminating the cap on Social Security be a good thing? The author says it is not a good idea.
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.
Military Deposits and Your Annuity
How do military deposits affect FERS and CSRS retirement calculations? Here is an overview.
IG Labels CSRS Improper Payments ‘High-Risk’
A recent OPM Inspector General’s report said that improper payments made under federal employee retirement systems represent a “high risk.”
Despite More New Claims Than Usual, Retirement Backlog Drops in November
Despite a higher number of new claims in the month than usual, OPM made a modest reduction in November’s retirement backlog.
Survey: Older Individuals More Likely to Support Tax Increase to Shore Up Social Security
We recently asked our readers if they would support higher taxes to extend full Social Security benefits. Here is what you told us.
OPM IG Provides Update on Retirement Claims Backlog
OPM’s Inspector General said that while the agency appears to have met a part of its goal on the retirement backlog, it has some more work to do.
Should I Enroll in Medicare If I Have an FEHB Plan?
Should you add Medicare to your FEHB insurance in retirement? These are the various parts of Medicare to know about when weighing this option.
Legislation Would Boost COLAs for Some Federal Retirees
Recently introduced legislation has the potential to increase the size of COLAs paid to some federal retirees.
Can You Work Longer in a Position with Mandatory Retirement?
Some federal positions have mandatory retirement ages, but what if an individual wishes to work longer?
Will The Cavalry Save Social Security?
The author says the typical worker faces the prospect of losing money on Social Security. Will higher taxes solve this problem?
