Pay & Benefits
Will a Furlough Affect Leave Accrual and Retirement Annuity Benefits?
OPM has added additional guidance to its information on furloughs to cover leave accrual and retirement annuity benefits.
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
FERS Valuable Benefit: Social Security!
Choosing the right Social Security election can significantly impact the amount of benefits you receive over your lifetime.
Retirement
How Much Does the Government Pay to Fund Your Annuity?
What percentage of a federal employee's annuity does the government pay? The author provides the results of his investigative research.
Retirement
Desire to Increase Retirement Contributions Still Around
House Majority Leader Eric Cantor (R-VA) issued a statement today which reiterated a desire to see federal employees pay more towards their retirement.
Retirement
Federal Deficits and Your Federal Employee Retirement
The federal retirement program has a large "unfunded liability." Will this impact your future retirement?
Retirement
What if Your Income Dropped by 40%?
Imagine you're retired and living on a fixed income of $5,200/month. But suddenly your income dropped to $3,000/month. What changes would you have to make? Would you be…
Pay & Benefits
How is My “High-3 Average Pay” Calculated? (Part 1)
The high-3 average pay is a basic component of an employee's retirement contribution that federal employees often find confusing. The author offers some detailed explanation to take the…
Retirement
How Much Will New Feds Pay for Retirement?
New federal employees hired after January 1, 2013 must pay more for their retirement benefits than existing employees. Exactly how much more will they pay? The author provides…
Retirement
Can You Outperform Social Security?
The average worker in America has 6.2% in Social Security taxes withheld from each of his or her paychecks. Could investing this money on your own offer better…
Retirement
TSP Contribution Strategies
The author says that utilizing the TSP effectively is key to a comfortable retirement and outlines some important contribution strategies to consider in your retirement planning.