Stephenson v. OPM: A Major Victory for the Federal Worker
The author says that the outcome from a recent court decision is a precedent-setting case and one which will will favorably impact Federal disability retirement annuitants.
The author says that the outcome from a recent court decision is a precedent-setting case and one which will will favorably impact Federal disability retirement annuitants.
In addition to the pay freeze that has been in effect for some time, federal employees are also helping with the government’s spending problem through the involuntary use of the G fund. Here is how that works and how the scenario is likely to play out when all is said and done.
The unfunded liability of the older CSRS retirement system will hit a peak of $684.8 billion by 2023. Your future pension benefits should be secure despite the financial shortfall, according to OPM, as the number of people covered by CSRS continues to decline.
As a federal employee, you may be wondering if your active duty military service is “creditable” toward your civilian retirement. It depends on several factors.
How is your federal employee annuity calculated? It is based on two numbers. Here is how it works.
The Thrift Savings Program (TSP) is the primary retirement savings method for federal employees, and the benefits are well known. The author says that making withdrawals from your TSP account can be complicated and offers some considerations when deciding to make withdrawals.
The author juxtaposes some common federal benefits programs.
There are many things to consider when determining an appropriate asset allocation for your TSP. The author discusses a 3-tier investment strategy that is designed to spread risk out over varying lengths of time.
The House Oversight and Government Reform Committee on Thursday advanced legislation that would require federal employees to have to pay 5 percent more of their salaries towards their retirement benefits beginning in 2013 and phased in over five years.
The author outlines ten common mistakes federal retirees should strive to avoid to get the most out of their retirement benefits.