Retirement
The Early Withdrawal Penalty and Federal Law Enforcement Officers
Proposed legislation t would make federal Correctional Officers exempt from the TSP early withdrawal penalty that applies when retiring before age 55.
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.
Retirement
40+ Years of Service: What Happens to Those Extra Retirement Contributions?
When I retire how will I receive the retirement monies that were taken out after working for over 40 years?
Q&A
How is My High-3 Calculated?
I was promoted to a GS-14 position in September of 2012. I plan to retire in September 2015. Will my "High 3" be calculated from September 2015 -…
Retirement
Phased Retirement: Just the Facts
There has been a lot of talk about phased retirement, particularly its pros and cons. This article is not debating the merits of phased retirement; it’s “just the…
Q&A
CSRS Annuity and Divorce Decree
I am under CSRS and thinking about retiring soon. However, I am divorced and my divorce decree has a formula type clause and I don't know how OPM…
Q&A
Maximum Annual Leave at Retirement
I am told that the max of annual leave that the Post Office will write a check for at retirement is 440 hours. What is the rule on…
Federal Workforce News
Turn Your Taxable Portfolio Into A Tax-Free Retirement Account
Long-time federal workers under CSRS have a unique opportunity for tax-free retirement income. The author describes how CSRS federal employees can contribute to the little-known Voluntary Contribution Program…
Pay & Benefits
Earning Annuity at a Higher Rate After a Step Increase
I plan to retire December 31, 2015, and on December 1, 2015 I am due for a step increase. I want to know if the retirement estimate will…
Federal Workforce News
FedSmith.com Users Showing More Positivity Towards OPM’s Retirement Processing
FedSmith.com users who have recently retired from federal service indicated some overall improvement in their dealings with the Office of Personnel Management and getting their retirement applications processed.
Retirement
OPM’s Retirement Backlog Surges in January
OPM saw a massive spike in the number of outstanding retirement claims as evidenced by its latest retirement processing status report.