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.
In his second article in the series, FedSmith.com author Randy Silvey addresses some of the questions he received from readers on retirement topics such as investing in the TSP and learning how to know if you are on the right path towards a successful retirement.
OPM calls temporary time and other time for which retirement deductions were not taken “deposit service”. Under FERS, deposit service will not count for either your eligibility to retire or in the computation of your annuity unless you make a deposit. The author provides examples of both deposit and re-deposit service to illustrate the impact they have on your pension.
Republican presidential candidate Carly Fiorina said in a recent interview that she would dramatically cut the size of the federal workforce through attrition as president.
Congress is considering a bill that would require postal retirees to enroll in Medicare Parts B and D or lose their Federal health insurance. Is this the future for all Federal retirees?
How much of a COLA increase will federal retirees have in 2016? Any increase at all is looking highly unlikely.
I was employed in a law enforcement officer position and retired under FERS. I am collecting my annuity and the “bridge.” I have an opportunity to be hired in a non LEO, part time position in the federal government. I understand that the “bridge” will be affected by the earnings amount but will it affect my pension?
The author says that many federal employees are approaching financial problems as they near retirement due to a lack of planning. However, he says that with some basic planning for the future, they can not only survive in retirement, but thrive as well. He explains how this might work by providing an example of one couple’s retirement plan.
I’m over 70 and planning to retire in my late 70s. Are there one or two key things I should be looking at to start planning?
With Congress back in session this week, John Hatton, deputy legislative director for NARFE, told FedSmith.com that his organization has several priorities in terms of legislation it wants to see passed by Congress to help federal employees, including avoiding another government shutdown and interest rate cuts to the TSP’s G Fund.
According to the latest available data from the Office of Personnel Management, the agency’s outstanding backlog of retirement applications was left relatively unchanged over the last month.
