COLA Announced for 2015: It’s 1.7%
The COLA next year for many federal retirees and Social Security recipients will be 1.7%.
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.
The COLA next year for many federal retirees and Social Security recipients will be 1.7%.
I am a VA employee under FERS retirement. I meet the MRA. Does this mean I would not be eligible for the special retirement supplement?
What will the COLA be in 2015? Here is a quick summary. The percentage will be less than the increase of the average FEHB increase next year.
The Thrift Savings Plan is a crucial part of saving for a successful retirement from your government career. The TSP has released a series of short videos that give federal employees a basic overview of each of the funds inside of the TSP.
One advantage federal employees have when saving for retirement is the Roth TSP. A Roth investment allows you to pay tax on the seed (the smaller, starting investment) and reap the bounties (the investment plus growth/interest) tax-free. The author explains more about how this works.
Is there is a sensible approach in preparing, formulating and filing for OPM Disability Retirement benefits? The author offers some details about the application process.
The backlog of retirement applications at OPM stayed relatively flat in September.
The author says that as election season gears up, politicians are ignoring the real problems with Social Security and instead making empty promises that cannot be kept in order to get elected.
I recently received a “Certified Summary of Federal Service” and noticed that there were several entries annotated with “FICA Only — Deposit Not Paid” and my SCD is a later date than I have had for the last 25 years or so. Did those unpaid entries change my SCD for retirement?
What should you do with your TSP account after you retire? The author offers some advice and considerations for federal employees who have reached this milestone in their careers.