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.
When it comes to investing our money, most people put short-term political views aside. When spending their money, they focus on the future of business and the prospects for future growth. If they are confident, stock prices go up. If they are pessimistic, stock prices go down. TSP stock funds dropped dramatically again in February with one fund, the G fund, the only TSP fund with a positive return for the month and for the year.
How much of a cost of living adjustment will federal retirees see in 2010? Perhaps there will not be one. That has not happened before but we are in unusual economic times.
Now that the economic stimulus package has been passed into law, the bill has actually been printed and organizations and going through it to find out what this new law contains. Federal retirees will be eligible for an additional $250.
Some people under the FERS system may qualify for the Special Retirement Supplement. It only applies to employees who meet certain qualifications. Author John Grobe explains what it is and how it works–and offers advice that will be useful to any federal employee on planning for retirement.
Federal employees under the FERS system who are nearing retirement may have at least a momentary sense of enrichment. Legislation has again been introduced in the House to credit unused sick leave in computing an annuity payment.
A bill has been introduced to allow former federal employees covered by FERS to return to the federal government and restore their credit for prior service by redepositing money they took out of their federal annuity account.
Will your spouse get a survivor’s benefit from your civil service annuity? In same cases, you may be surprised to find that the answer is “no”. A group has asked OPM to notify all Civil Service Retirement System participants about a provision that is unknown to many and that could result in a spouse not getting this important benefit.
The are different types of individual retirement accounts (IRA’s) and the requirements for investing in them are different. Here is an explanation.
The plans you have for retirement may be colored by your view of retirement as retiring from something (such as your government job or work). Remember: You are likely to live as long after you retire, as you worked for Uncle Sam prior to your retirement. Look ahead as well as looking back in you retirement planning.
TSP investors are continuing to move money from stock funds and into the G fund although the number of transfers has declined substantially. What is the risk of not putting some of your investment money back into stock funds? Should you wait until the bear market is over before moving money around?
