Little Change to OPM’s Retirement Backlog in November
According to its latest retirement processing status report, the Office of Personnel Management made no headway on reducing the outstanding backlog of retirement applications.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
According to its latest retirement processing status report, the Office of Personnel Management made no headway on reducing the outstanding backlog of retirement applications.
Lawmakers in both the House and the Senate are pushing to give federal retirees a 3.9% cost of living adjustment next year.
The Social Security Administration states that the goal of a cost-of-living adjustment is to ensure that the purchasing power of seniors is not eroded by inflation, but with no COLA planned for 2016, does that mean that seniors do not have to worry about inflation? As the author notes, it depends on how inflation is measured.
Congress recently introduced a new type of account for young, disabled individuals. This is a summary of how these accounts work.
What are the attributes of a qualified financial advisor, and where can I find one?
In this follow up to his article on the FEHB and the five year requirement, FedSmith.com author John Grobe provides clarification based on questions he received from readers asking if the five year requirement also applies to a federal employee’s spouse.
After months of speculation and debate, the Centers for Medicare and Medicaid Services (CMS) has published the official rates for Medicare Part B premiums beginning in January 2016.
The Centers for Medicare and Medicaid Services have announced the 2016 premiums and deductibles for the Medicare outpatient hospital services (Part B) programs.
The Office of Personnel Management processed over 10,000 retirement applications in October, however, there are still over 12,000 backlogged applications.
President Obama signed the Bipartisan Budget Act of 2015 into law on Monday. Among its provisions, the two-year budget deal sets 2016 Medicare Part B premium rates.