OPM Makes Modest Improvement in Retirement Backlog in April
The Office of Personnel Management was able to reduce its backlog of outstanding retirement applications by almost 8% in April.
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.
Does Illness Serve as a Qualification for Federal Disability Retirement?
To qualify for federal disability retirement, you must have become disabled while working in your position. The author looks at some cases as precedent for providing medical evidence to establish a connection between the illness and ability to perform your job.
Can Feds Overcome the Political ‘Butterfly Effect’ Impacting Their TSP Savings?
A political event can cause a temporary shake up in the stock market. What does this mean for your TSP account, and how do you know if you are taking the right amount of risk for your personal situation?
How to Cut Your Tax Bill on Your Federal Retirement Income
Most of us don’t like paying taxes, but we have to. The author provides some tips on how you can save on taxes levied on your federal retirement benefits.
How to Use Military Service to Increase Your FERS Pension
There is a provision in FERS that allows you to “buy back” your active duty military service. The author provides a basic overview of how this process works.
Full Social Security Retirement Benefits and a COLA Update
Requirements for full Social Security retirement benefits are changing in 2018. Also, here is an update on the 2018 COLA.
Five Steps Toward Your Financial Security
As part of National Social Security Month, the Social Security Administration is providing various activities to make the public more aware of the benefits of Social Security.
From Dream to Reality: How to Define and Design Your Federal Retirement
Having a plan is crucial for a successful retirement. The author provides some ideas on how to start the planning process.
Americans Continue to Do a Mediocre Job of Preparing for Retirement
An annual survey on retirement preparation shows that many Americans believe they are not saving enough for retirement and are consequently feeling stressed.
OPM Makes Progress on Reducing Winter Backlog Growth
After a sharp increase in the number of backlogged retirement applications during the first two months of the year, OPM was able to make some progress in reducing the overall backlog in March.
