Federal Workforce News
Feeling the Impact of Inflation: 6.2% COLA (So Far) for 2009
Inflation is alive and well in the United States. So far, the projected COLA increase for 2009 is 6.2% with another two months to go into the calculation.
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
Calculating Your FERS Annuity, Changing the TSP and Tobacco: Politics and the Federal Workforce
The House recently passed a bill change the TSP investment philosophy and the annuity calculations for those under FERS. Is it now in effect? What do these changes…
Federal Workforce News
Confessions of a Federal Retiree
Like many people, this federal retiree left government service with high hopes and plans for the future. Some worked out well but the reality of health and financial…
Federal Workforce News
House Passes Legislation To Increase Federal Annuity Payments for Some
FERS employees and CSRS employees get the same sick leave benefit--until the computation of a retirement annuity. A bill passed by the House on July 30 would change…
Retirement
5.7% for Retirees in 2009? It May Still Go Higher
Here is a reality check for readers. Inflation is alive and well. Federal retirees are on track for an increase of 5.7% next year--with another three months to…
Retirement
“Where Can I Get Good, Reliable Retirement Information?”
Where can you get answers to your retirement questions? Here are a few suggestions.
Retirement
Medicare and Federal Retirees: Part B or Not Part B?
Author John Grobe recently asked FedSmith readers which topics were of most interest on the topic of federal retirement. The answer: Should a federal retiree who is nearing…
Federal Workforce News
Should You Purchase Long-Term Care Insurance?
One question that frequently arises, especially as a person gets closer to retirement, is "Do I need long-term care insurance?" Here are some guidelines that may help you…
Federal Workforce News
Deposits and Redeposits of Retirement Money for FERS Employees
Deposits and redeposits of retirement funds for civilian service is simpler (and harsher) for FERS employees than for CSRS employees. Here is how it works.
Retirement
Riding Out A Volatile Stock Market
Riding through the ups and downs of the stock market can be exasperating. Is this a good time buy more of the TSP stock funds or a good…