The Unknown Alternative to Phased Retirement
The author says that the loss of the annuity supplement under phased retirement is a big disadvantage. However, he outlines a comparable alternative that could help offset this loss.
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 author says that the loss of the annuity supplement under phased retirement is a big disadvantage. However, he outlines a comparable alternative that could help offset this loss.
Can a former federal employee add federal service time to a state employment system?
The Thrift Savings Plan has issued some guidelines for federal employees who fall under the new phased retirement status to be aware of as they transition into the new phased retirement program.
The Office of Personnel Management announced the long awaited final regulations for the phased retirement program for federal employees late last week. As part of that announcement, OPM has also released a document with answers to some common questions employees are likely to have about this program.
After the long awaited news from yesterday in which OPM finally announced the regulations for phased retirement, the web has been abuzz with comments about the program. Opinions have been mixed so far, however.
OPM has issued rules on phased retirement—a new program that will allow federal employees to work part-time while also receiving a portion of their federal pension.
After more than a year, the Office of Personnel Management is finally issuing the final rules on the phased retirement program for federal employees.
The author says that federal employees who move to more expensive locality areas prior to retirement can actually boost their annuity after retirement. He explains how this works through the use of some hypothetical examples.
The backlog of retirement claims at the Office of Personnel Management reversed course and actually grew in July over the previous month.
The author says that the day of reckoning is fast approaching for Social Security.