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.
Are you living in a “common law” arrangement? Do you want to ensure your husband or wife receives your federal retirement annuity? If you think the conversation will be unpleasant, consider the consequences of not having the conversation.
Will boomers retire as their parents did? Will there be a retirement tsunami as predicted by OPM? No one knows but here are a few predictions about how boomer mentality, changing technology and the need for qualified employees may come together to create a much different retirement scenario.
The annual COLA increase for federal retirees is still going up and will become effective in January 2007.
Most employees will never be rich and did not enter federal service with that goal in mind. On the other hand, how does one define “rich?”
The rate of inflation is continuing its upward trend. This means that federal retirees will get a bump up in annuity payments in 2007 to help cover the rising cost of living.
Retirement can be a time to reap the benefits of your lifetime of work. Keep in mind that you will still need an income and you may need more money than you think.
Nearing retirement? You are probably in the CSRS. Be thankful; you are in a system that is a remnant of America’s golden economic age.
Are you ready for retirement–however you define it? Plan ahead. Millions of Americans who once thought “don’t trust anyone over 30” may be wondering “will you still need me, will you still feed me, when I’m sixty-four?”
The COLA adjustment for retirees won’t be final until the September figures are calculated. For now, the differential is 3.1%.
Many Federal retirees are on track for a 2.9% increase next year–and the figure is likely to be higher by the end of September.
