Tag: Annuity

Will I Be Included in the Proposed Benefits Cuts?

By on February 25, 2018 in Pay & Benefits with 0 Comments
Will I Be Included in the Proposed Benefits Cuts?

Benefits cuts for federal employees have once again made their way into the latest budget proposal. What can federal employees do in the meantime?

Continue Reading »

Do Not Let OPM Reduce Your Retirement Benefits Without an Appeal

By on February 22, 2018 in Retirement with 0 Comments
Do Not Let OPM Reduce Your Retirement Benefits Without an Appeal

Some retired federal employees were recently notified by OPM that their annuity payments were being reduced. Do they have any appeal options?

Continue Reading »

Can LEO Employees Extend Their Service Outside of Law Enforcement to Become Eligible for the 1.1% Annuity Computation?

By on February 22, 2018 in Q&A, Retirement with 0 Comments

Can a law enforcement employee extend working years in a non-law enforcement capacity to become eligible for the 1.1% FERS annuity calculation?

Continue Reading »

Are Abnormally Successful Feds Faking Their Own Death for Financial Gains?

By on February 21, 2018 in Retirement with 0 Comments
Are Abnormally Successful Feds Faking Their Own Death for Financial Gains?

How would your spouse get by in retirement if you were to pass away? The author discusses how imagining this scenario can help with your retirement planning.

Continue Reading »

What’s the Impact of the [PROPOSED] FERS Benefit Cuts?

By on February 18, 2018 in Pay & Benefits, Retirement with 0 Comments
What’s the Impact of the [PROPOSED] FERS Benefit Cuts?

The White House’s 2019 budget outlined a number of proposed cuts to federal employees’ benefits. How much of an impact would these have on your retirement?

Continue Reading »

What Impact Does Sick Leave Have on the FERS Annuity Computation?

By on February 14, 2018 in Q&A, Retirement with 0 Comments
What Impact Does Sick Leave Have on the FERS Annuity Computation?

Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?

Continue Reading »

Shrinking Supplemental Annuity Payments: Response from OPM

By on February 13, 2018 in Q&A, Retirement with 0 Comments
Shrinking Supplemental Annuity Payments: Response from OPM

Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.

Continue Reading »

A Shrinking Annuity Payment for Some Former Feds

By on February 11, 2018 in Pay & Benefits, Retirement with 0 Comments
A Shrinking Annuity Payment for Some Former Feds

OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.

Continue Reading »

What’s the Difference in the 1% and 1.1% FERS Annuity Computations?

By on February 6, 2018 in Q&A, Retirement with 0 Comments
What’s the Difference in the 1% and 1.1% FERS Annuity Computations?

I’ve heard that there are two different computation factors that are used in computing the FERS annuity; 1% and 1.1%. What’s the difference between them?

Continue Reading »

Does Your Unused Sick Leave Count Towards Your Retirement Eligibility?

By on October 19, 2017 in Retirement with 0 Comments
Does Your Unused Sick Leave Count Towards Your Retirement Eligibility?

How is your unused sick leave factored into your annuity calculation? The author clarifies what he says is a frequent misconception among federal employees.

Continue Reading »

Top