The COLA percentage amount for both FERS and CSRS was announced on October 19. OPM has issued official guidelines on how to calculate your COLA increase.
After two years without any increase in the cost of living adjustment (COLA), there will be an increase of 3.6% for those who receive the full amount of the annual adjustment.
Rep. Thaddeus McCotter (R-MI) plans to introduce legislation designed to save the Social Security retirement and disability trust funds from insolvency.
With the United States hitting the debt ceiling, can you still withdraw your money from your Thrift Savings Plan? Here is the answer from a TSP official.
We recently asked FedSmith.com readers why they work for the federal government and received a wide variety of answers.
The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?
A list of some questions and answers about a government shutdown including topics such as veterans’ pensions, pay for the military, and distribution of benefits.
Federal employees who have had military service after January 1, 1957 have the opportunity to make a deposit and have that military time count for both their CSRS or FERS retirement and for Social Security. In most instances it makes a great deal of sense to buy the military time, but there are exceptions.
In a recent decision, the Equal Employment Opportunity Commission affirmed an Administrative Judge’s decision finding the Department of Defense liable for illegal disability discrimination.
Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.