Tag: Annuity

How to Use Military Service to Increase Your FERS Pension

By on April 20, 2017 in Retirement with 0 Comments
How to Use Military Service to Increase Your FERS Pension

There is a provision in FERS that allows you to “buy back” your active duty military service. The author provides a basic overview of how this process works.

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How Much is the Maximum 2017 FERS Annuity Supplement?

By on March 8, 2017 in Retirement with 0 Comments
How Much is the Maximum 2017 FERS Annuity Supplement?

How much is the FERS annuity supplement for 2017? The author provides an explanation and an example.

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OPM’s Shocking Letter to Some Annuitants

By on March 7, 2017 in Retirement with 0 Comments
OPM’s Shocking Letter to Some Annuitants

The author discusses a situation in which one retired federal employee was suddenly notified by OPM that he owed the agency over $28,000.

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What Happens to Your Federal Benefits If You Leave Before You Are Eligible to Retire?

By on February 1, 2017 in Pay & Benefits, Retirement with 0 Comments
What Happens to Your Federal Benefits If You Leave Before You Are Eligible to Retire?

What happens to your benefits as a federal employee if you leave before you are eligible to retire from federal service?

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How Much of a Pension Will Obama and Biden Get After Leaving Office?

By on January 23, 2017 in Pay & Benefits with 0 Comments
How Much of a Pension Will Obama and Biden Get After Leaving Office?

Barack Obama and Joe Biden have left the White House, but they will be receiving compensation for their service in government. Here is a summary of how their pension programs work.

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Proposed Retirement Changes for Federal Employees

By on January 22, 2017 in Retirement with 0 Comments
Proposed Retirement Changes for Federal Employees

Changes are likely to occur in the federal retirement program. Here are some probable proposals that would impact current and future federal retirees.

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Will Retiring in the Middle of December Lower My FERS Pension?

By on January 3, 2017 in Q&A, Retirement with 0 Comments
Will Retiring in the Middle of December Lower My FERS Pension?

I understand that there is often a “best date” to retire to maximize one’s pension, but I want to retire in the middle of December 2017 to take my family on vacation. What effect will that have on my FERS pension?

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How is the TSP Annuity Supplied by MetLife Calculated?

By on December 12, 2016 in Q&A, Retirement with 0 Comments

Can you tell me how the TSP annuity that is supplied by MetLife is calculated? I have been given a bunch of different answers and none match what the TSP rate is offering (which is of course much lower).

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0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017

By on October 18, 2016 in Retirement with 0 Comments
0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017

There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.

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Do Members of Congress Get a Special Pension Benefit That Other Federal Employees Do Not?

By on October 17, 2016 in Retirement with 0 Comments
Do Members of Congress Get a Special Pension Benefit That Other Federal Employees Do Not?

There is a common belief that Members of Congress have a special pension that will pay them their full salary as a pension for as little as five years of Congressional service. Is this really true?

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