Elections and the Stock Market: All TSP Stock Funds Down in October
Does the stock market predict the results of a presidential election? The TSP stock funds were down in October.
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.
TSP Annual Contribution Limit Unchanged for 2017
The Internal Revenue Service has announced that the annual contribution limit for the Thrift Savings Plan will remain at $18,000 per year.
IG: Customer Service Problems Plague OPM’s Retirement Services
A recent report from OPM’s Office of Inspector General found a series of customer service related problems plaguing the agency’s Retirement Services division.
5 Financial Pillars for Young Federal Employees to Build Upon
The earlier you start saving for retirement, the better off you will be financially when you finally get there. Here are some tips for younger federal employees to help them build a stronger financial base for the future.
Schumer Urges One Time ‘Emergency’ Payment to Social Security Recipients to Offset Low COLA
Senator Charles Schumer (D-NY) has announced an initiative to offset the low COLA that was recently announced for the coming year.
House Committee Asks for GAO Review of OPM’s Retirement Application Process
A House Committee has sent a letter to the Government Accountability Office asking for an investigation into how OPM can improve its retirement application handling process.
Low COLA? Blame it on Gasoline
The author says that a drop in gasoline prices is to blame for the very low COLA that was announced for 2017 this week.
0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017
There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.
Do Members of Congress Get a Special Pension Benefit That Other Federal Employees Do Not?
There is a common belief that Members of Congress have a special pension that will pay them their full salary as a pension for as little as five years of Congressional service. Is this really true?
The Great Trust Fund Robbery
The word “steal” is used very loosely in the Social Security debate. However, if anyone is guilty of actually “stealing” from Social Security, the author says that one man stands out above all others. He explains how he believes this to be the case.
