Retirement
Will Federal Retirees Get a COLA Increase in 2016?
How much will federal retirees and Social Security recipients receive with a new COLA calculation that will go into effect in January? As of today, there would not…
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.
Federal Workforce News
What Managers Can Do to Help Their Employees Prepare for Retirement
Managers have an important role in developing their employees, and this includes helping their employees become better prepared for retirement. The author lists some steps federal managers can…
Federal Workforce News
CBO: Social Security Needs a 4.4% Payroll Tax Increase
The Congressional Budget Office has released its long term budget report which includes a picture into the prospects of Social Security. If you are planning to retire soon,…
Federal Workforce News
Bill Aims to Crack Down on Embezzlement of Federal Retirement Funds
Legislation being introduced by Senators James Lankford (R-OK) and Heidi Heitkamp (D-ND) would make it a felony to embezzle federal employees' retirement funds.
Federal Workforce News
Federal ‘Boomers’ Fear Insufficient Retirement Income… Are They Wrong?
Many government officials and media types were predicting a virtual avalanche of federal retirement submissions that will lead a massive void that cannot be filled by younger workers.…
Q&A
How is the High-3 Calculated with Part Time Employment?
I plan to retire next year under FERS after 30 years of service. I would like to go part time my last several years. How will OPM calculate…
Retirement
Are Retired Federal Employees Impacted by the OPM Data Breach?
There has been confusion as to whether or not federal retirees are potentially at risk in the wake of the data breach at OPM. New information may help…
Retirement
OPM Reduces Retirement Claims Backlog by Almost 16% in May
The Office of Personnel Management reported that its outstanding backlog of retirement claims was reduced by 15.6% in May.
Retirement
GAO: Half of American Households Have No Retirement Savings
A recent study conducted by the Government Accountability Office found that roughly half of households age 55 and over have no retirement savings. Senator Bernie Sanders (I-VT) says…
Retirement
Senator Graham’s Magical Napkin
Senator Lindsey Graham (R-SC) reportedly said, “You could [design a plan to fix Social Security] on the back of a napkin.” The author says that this statement is…