Q&A
When Does an Employee Have to Retire to Receive the 2017 COLA?
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government's payroll by 12/31/16 to receive the COLA. The…
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.
Q&A
How is the TSP Annuity Supplied by MetLife Calculated?
Can you tell me how the TSP annuity that is supplied by MetLife is calculated? I have been given a bunch of different answers and none match what…
Retirement
Legislation Introduced to Apply the Chained CPI to Social Security COLA
Legislation has been introduced that would make sweeping reforms to Social Security. The author says it would make cuts to the program that would potentially harm older Americans.
Retirement
National DEAF-icit: Debt, Taxes, and Your Retirement
The author says that taxes are likely to be higher in the future when current federal employees are at or nearing retirement. He outlines some options available to…
Retirement
2017 TSP Contribution Limits
The TSP has provided details about the annual contribution limits for plan participants in 2017 as defined by the IRS.
Pay & Benefits
Combatting Rise in Medicare Part B Premiums for Federal Retirees
Some federal retirees may be impacted by a significant increase in Medicare Part B premiums. A bill has been introduced to minimize the impact.
Retirement
OPM’s Retirement Backlog Stays Above 16,000 in November
OPM made a small reduction to its backlog of retirement applications, but it remains above 16,000 as of the end of November.
Retirement
OPM Taken to Task in New Report on Government Waste
The Office of Personnel Management is featured in a new report that highlights examples of wasteful government spending.
Retirement
Its Good to be a Federal Employee: Investing Advantages as Stocks Rise
TSP stock funds were up in November. One fund is now up more than 14% for the year. Bond yields are also up. Here is why the market…
Retirement
A Better Way to Do the High-Three Calculation
Doing the high-three calculation manually always has been difficult. However, there is a simpler way of performing this calculation as the author explains.