Life Insurance… Now for the Living!
What if your life insurance could also provide coverage for you during your lifetime? The author discusses the concept of using living benefits as they apply to federal employees covered by FEGLI and FEHB.
Search Results for: federal disability retirement
What Constitutes an ‘Eligible Child’ for Survivor Benefits?
What is the definition of an “eligible child” with respect to receiving survivor benefits? The author provides some details of survivor benefits as they relate to children of federal employees.
House Budget Committee Releases 2017 Budget Proposal
The House Budget Committee has released its FY 2017 budget proposal. Unlike past budgets, this one lacks some of the direct targeting of federal employees through proposed cuts, but it still includes some proposals that are applicable to federal workers. Here is a summary of these proposals.
Smart Money Moves for Feds
Federal employees work in many different fields and enjoy a variety of benefits as part of the work they do. The author presents several tips for federal workers to help strengthen their personal financial situations as they progress through their careers and work towards retirement.
Court Steps in to Remedy ‘Profound Injustice’ by Office of Personnel Management Against a Blind Veteran
When the Office of Personnel Management was inflexible in dealing with a decorated war veteran, a federal judge stepped in to provide rare injunctive relief “to remedy the profound injustice committed by the federal bureaucracy against a blind war veteran.”
COLA Increase in 2016 Appears Less Likely
It is increasingly less likely that there will be a COLA increase for retirees in 2016 based on the inflation figures for July.
Bigger Is Not Better For OPM
The author says OPM still has the potential to be the talent management agency the government needs after the data breaches.
Feds Dodge Cut in G Fund Interest Rate
Federal employees who invest in the G fund may breathe a sigh of relief as a proposal to cut the interest rate paid by this TSP fund appears to have died in the Senate.
Some CSRS Offset Employees Will Receive Extra Money (and Interest)
Are you a CSRS offset retiree? If you are in this group of federal employees, a letter coming from the Defense Finance and Accounting Service (DFAS) may interest you as you may be in for at least a small, unexpected financial gain.
Exactly How Would the 2016 House GOP Budget Impact Your Pay and Benefits?
The House budget committee released its 2016 budget proposal last week, largely bereft of any specifics of proposed changes to federal pay and benefits. A new report, however, is shedding some light on these details.
