The CSRS Voluntary Contribution Program has been available to CSRS or CSRS Offset federal employees for many years. It can be a very useful option to significantly increase retirement savings. The author explains some of the details of this program.
IRAs are turning 40. The author provides some of the history and benefits of the IRA.
A retired federal employee missed the deadline to elect a survivor annuity for her new husband. She took her case to the appeals court when OPM turned her down. See if she fared any better with the court.
TSP officials believe that investors should leave their money in the TSP when leaving federal service. Why do they care?
Federal employees have many options when it comes to challenging disciplinary actions, but many times the process can seem like a confusing maze. The author provides some information regarding the rights and legal remedies available to federal civilian employees facing disciplinary action.
Legislation that would change the default TSP allocations for newly hired federal employees has passed Congress and is on its way to the president’s desk for signature.
Who earns more overall – federal workers or private sector employees? While the debate is one that will likely never be resolved, there are some interesting statistics that have been published on the subject. This infographic neatly and concisely compiles some of the key data points on federal salaries.
The author says that studies comparing federal benefits to those in the private sector miss a key issue and that there are substantial differences in the benefit packages across industry sectors.
I am planing to retire this FY. I am trying to determine if hanging until Jan. 10, 2015 for full lump sum (448 hours) is a better option than going 12/31/14 which would obviously get my annuity started 1 month earlier.
Does DFAS handle your agency’s payroll? If so, you may find yourself with an extra pay day next year.
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