Tag: Annuity

How is Your Retirement Annuity Calculated When Switching From CSRS to FERS?

By on June 11, 2018 in Q&A, Retirement with 0 Comments
How is Your Retirement Annuity Calculated When Switching From CSRS to FERS?

How is a retirement annuity calculated for someone who switched from CSRS to FERS?

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Observations on OPM’s Recommended Adjustments to Federal Employee Benefits

By on June 4, 2018 in Pay & Benefits with 0 Comments
Observations on OPM’s Recommended Adjustments to Federal Employee Benefits

Recent proposals would make cuts to federal employees’ benefits should they come to pass. The author analyzes their impact through a financial planning perspective.

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Retire at Age 61?

By on May 14, 2018 in Retirement with 0 Comments
Retire at Age 61?

What impact can waiting an extra year to retire have on a FERS annuity? The difference might surprise you.

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OPM Proposes Changes to Bring Federal Benefits Closer to Private Sector

By on May 7, 2018 in Pay & Benefits with 0 Comments
OPM Proposes Changes to Bring Federal Benefits Closer to Private Sector

Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.

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Congressional Term Limits Without a Constitutional Amendment

By on April 19, 2018 in Pay & Benefits with 0 Comments
Congressional Term Limits Without a Constitutional Amendment

A bill has been introduced in an attempt to limit the time an elected representative would likely serve in Congress without requiring a Constitutional amendment.

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Federal Employee Retirement, Politics and Being Fired

By on March 20, 2018 in Pay & Benefits with 0 Comments
Federal Employee Retirement, Politics and Being Fired

Andrew McCabe was fired from the FBI shortly before becoming eligible for a federal pension at 50. Reports indicate he has lost his federal pension, but is that really accurate?

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How Much is the Maximum Annuity Supplement?

By on March 20, 2018 in Pay & Benefits with 0 Comments
How Much is the Maximum Annuity Supplement?

How do you calculate the maximum FERS annuity supplement? It’s actually a complex calculation. The author breaks down the process.

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Can I Estimate What My Monthly CSRS and Social Security Payments Will Be?

By on March 8, 2018 in Q&A, Retirement with 0 Comments
Can I Estimate What My Monthly CSRS and Social Security Payments Will Be?

I’m confused about my 35 years of CSRS Offset and Social Security pensions. Can I estimate how much will I get in monthly pensions from both?

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No Interim Pay for Some FERS Retirees?

By on February 26, 2018 in Retirement with 0 Comments
No Interim Pay for Some FERS Retirees?

How does interim pay work with the FERS Annuity Supplement? The author provides an explanation.

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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?

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