Retirement Claims Backlog Drops Slightly in April
OPM made a modest improvement in its backlog of retirement claims in April.
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.
OPM made a modest improvement in its backlog of retirement claims in April.
What are the rules about coming back to a government position after retirement in a contracted capacity? Will this affect annuity paymts?
There are specific rules and regulations on returning to work for Uncle Sam after retirement. This article does not attempt to answer the question as to why someone would want to return to working for the federal government after retiring. It will simply address how to do that.
Can one leave the TSP as it is for now and take monthly payments for now and roll over into an IRA after 2 years?
Is it better to start saving early for retirement? Absolutely! However, not everybody is willing or able to start at a young age. Are you ever really “too old” to invest and save for your future?
The money in the Social Security trust fund is gone. The author offers some details about why this is the case and says that Social Security can still be a good program if the money were to be replaced.
There is a lot of uncertainty facing federal employees these days, and one idea that has been floated is reducing the size of the federal workforce. One way to do this is by offering buy outs. The author offers some details you need to know if you are considering a buy out.
The procedure for calculating the supplement is clearly spelled out in Chapter 51 of the CSRS & FERS Handbook, but it is a difficult process. The author offers a more concise explanation.
The stock market has been on a tear since its drop in 2008. Are you worried about losing money in your TSP due to a pullback? Before you make any emotional investment decisions, you may want to read one financial expert’s advice to a federal employee who was recently facing this dilemma.
The alphabet soup of government acronyms got a couple new ingredients over the past year and a half: the FERS (Federal Employees Retirement System) was joined by FERS-RAE in January 2013 and by FERS-FRAE in January 2014. What are these new acronyms and what changes do they indicate?