Inflation Rate, 2023 COLA Prediction, and How Much Your TSP is Declining
The increase in the inflation rate slowed in April but is still rising at a pace not experienced in decades. What is the impact on the 2023 COLA and the TSP?
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.
The increase in the inflation rate slowed in April but is still rising at a pace not experienced in decades. What is the impact on the 2023 COLA and the TSP?
The OPM retirement backlog finally reversed course in April and declined for the first time so far in 2022.
The author says that a bill proposing to do away with the WEP and GPO would actually be unfair.
When federal employees’ financial plans get out of balance, it can impair their future retirement years.
Federal retirement budgets will be very different because of taxes, insurance costs, pension deductions for survivor benefits, and Medicare.
If you do not pursue a reasonable reassignment of your position, can you be declined for FERS disability retirement?
How do survivor benefits work under FERS and CSRS in situations such as divorce or getting married after retiring?
Inflation is going up fast. So are the 2023 COLA estimates. Will this influence your decision about when to retire?
The author says that the long standing lack of a quorum at the MSPB highlights inefficiencies in the FERS Disability Retirement application process.
Federal employees face a number of benefits options when retiring, and it is important that they fully understand them to ensure they make the best selections.