Retirement Myths: FEHB Premium Increases After Retirement
Why is it that many federal employees think that FEHB costs increase? The authors provide some answers.
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.
Why is it that many federal employees think that FEHB costs increase? The authors provide some answers.
Both parties have recently proposed a “chained CPI” to calculate future changes to the COLA for calculating the cost of retirement increases. How much of an impact would this have on your future retirement?
A recent GAO report concluded that OPM is still failing in its plans to improve the agency’s retirement processing capabilities.
As you get closer to the time when federal employees start thinking about retirement, there can often be apprehension about whether or not you are ready. This article will attempt to give you a clear understanding of the financial impacts of your decisions, so you can be informed and comfortable with what you decide.
The author says that economic stimulation in the United States cannot last forever and eventually we will have to go through some suffering to make things right. She says federal employees may see more changes coming to their retirement benefits and should have a realistic plan before making the decision to leave government service.
The authors address some common misconceptions about federal retirement.
The federal retirement plan is one of the biggest benefits of being a federal employee. Changes are coming that will impact many readers and most of the changes are not going to improve the program.
Starting Social Security at age 62? Or anytime before your Full Social Security Age (65-67)? Most Federal Employees are too – but they usually haven’t heard of the three big whammies that come with starting Social Security early. Don’t let these whammies catch you by surprise.
The author says that proper planning for retirement from a federal career must take place throughout an employee’s entire career. He covers some important areas federal employees should consider as part of this planning process.
It is a common misconception that anyone receiving military retired pay cannot also receive federal civilian retirement credit for their military service. However, a significant exception applies to people receiving military retired pay based on reserve service.