Why Your Costs May Be Up But Your Retirement Income Goes Down
For the first time since the current system was put into place in 1975, the annual COLA adjustment is unlikely to appear in your paycheck next January. Here’s why.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
For the first time since the current system was put into place in 1975, the annual COLA adjustment is unlikely to appear in your paycheck next January. Here’s why.
What will you do when you retire? Many people travel to places they have always wanted to visit. Author Steve Oppermann is one of these retirees. He travels around the world, when not conducting human resources seminars for federal agencies.
The author says that two recent cases provide greater legal muscle for Federal and Postal employee in filing for Federal disability retirement benefits and represent needed legal refinements in the “evolving” process of law.
A number of federal retirees under the CSRS system have asked: “Where is my money under the stimulus bill? My friends who are under Social Security have already received their check.” Here is your answer.
As a federal retiree, you will have an assured source of income. You may find that living abroad offers advantages and a lifestyle unavailable to you here.
A Senate bill would give federal retirees the ability to collect their annuity and also a federal salary if they return to work.
If you are going to apply for disability retirement, there are common principles you will want to follow in order to increase your chances of success under either the FERS or CSRS retirement systems. Here is an explanation of how this process works.
The federal government fills a higher percentage of jobs from among current employees than do most private sector employees. Therefore the boomer retirements could mean a chance for you to move up. Do you need to get prepared for an upcoming opportunity?
This former federal employee found that adjusting to retirement was a bigger adjustment than expected. She writes that a retiree goes through stages and most do not recognize the impact that leaving a lifetime career will have on your life.
The ideal retirement date will vary according to an individual’s situation. But, for those readers contemplating retirement this year, here are considerations for maximizing your retirement.