Calculating the 2015 Cost of Living Adjustment (COLA)
How much will inflation add to the amount added to your retirement annuity or Social Security payment in 2015? We will not know until sometime in October but here are the latest calculations.
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10 Questions You Need Answers To
The author offers ten questions you need to keep in mind for your financial situation as you near retirement from your federal career.
Military Deposits: Is the Grace Period Two Years or Three?
As a general rule, your military service in the Armed Forces of the United States is creditable for federal Civil Service Retirement purposes as long as certain conditions are met. There is an exception, however, which the author explains.
Borrowing from the G Fund (Again) to Offset the Debt Ceiling
The debt ceiling limit will again be reached on February 7th so the government will take “extraordinary measures” to fund the government. This means that retirement assets of federal employees, including the TSP G fund, will again be used to help fund government expenses.
Understanding and Getting the Most Out of FERS
This is a basic guide to help federal employees understand some of the key points of the FERS system.
Budget Agreement To Increase Pension Contributions for New Employees
Pension contributions paid by federal civilian workers hired after January 1, 2014 would increase by 1.3% under the new budget agreement according to reports. It would also allow OPM to create a self-plus-one option in the federal employee health program.
Visiting a Social Security Office: Impressions from an Infrequent Visitor
Visiting a Social Security office as a customer could have been a dreadful experience but it was not. What to expect when you visit one of these offices and how to make your visit go more quickly and to help ensure your information is calculated quickly and accurately.
An Open Letter to Katherine Archuleta
The author suggests a solution for improved calculation of the FERS annuity supplement in an open letter to nominee for OPM director Katherine Archuleta.
Your COLA in 2014: 1.5%
The Social Security Administration announced today that the annual cost of living adjustment for Social Security recipients will be 1.5%.
Your COLA for 2014: Higher or Lower than in 2013?
How much of a COLA increase will you see in 2014? How would the “chained CPI” impact this payment if it were enacted?
