Tag: Annuity

How is Your Federal Employee Annuity Calculated?

By on October 16, 2012 in Retirement with 0 Comments

How is your federal employee annuity calculated? It is based on two numbers. Here is how it works.

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The Best Annuity: FERS or CSRS?

By on September 22, 2012 in Retirement with 0 Comments

The author says that evaluating retirement systems to determine which one is “better” is difficult, but he says that the annuity is the key element.

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Sequester Prevention Legislation Targets Pensions

By on May 8, 2012 in Retirement with 0 Comments

The House Budget Committee has approved a measure that would increase pension contribution amounts for federal employees.

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Federal Employee Retirement Annuities: How Bad Will It Be?

By on April 26, 2012 in Retirement with 0 Comments

We all know Federal employees are going to pay more for their pensions, and at retirement they will receive less. It may not be as bad as you think though.

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Changes in Your Life and Your Survivor Annuity: What Happens to Your Federal Employee Survivor Annuity

By on February 20, 2012 in Retirement with 0 Comments

What happens to your survivor annuity if you are a retired federal employee and there are changes in your life such as a death or divorce?

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Details of Pension Changes Revealed

By on February 17, 2012 in Retirement with 0 Comments

Congress has passed the payroll tax cut extension agreement and the President is expected to sign it. But what exactly are the details of the agreement as they relate to federal pensions?

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The Practical Effects of the Proposed Pension Changes

By on January 26, 2012 in Retirement with 0 Comments

The author illustrates a hypothetical scenario of two FERS employees with identical salary histories to show the dramatic impact the recently proposed pension reduction bill, as currently written, would have on future federal retirees.

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A Common Misconception about the FERS Annuity Supplement

By on December 22, 2011 in Retirement with 0 Comments

The FERS annuity supplement is commonly believed to be linked to the Social Security Administration (SSA), even to the point where some believe the benefit is actually administered by SSA rather than the Office of Personnel Management (OPM), but this is not the case.

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Should I Stay or Should I Go?

By on September 27, 2011 in Retirement with 0 Comments

Federal employees are often being asked to do more work without any more reward. A common lament is that the work keeps piling up as more employees leave, and it just isn’t worth it if retirement benefits are going to be re-structured, on top of it. The author offers some tips to see if retiring earlier is worth doing.

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CSRS Is Better Than FERS. Are You Sure?

By on September 20, 2011 in Retirement with 0 Comments

The author walks the reader through some examples to illustrate that the CSRS retirement system may not be better than the FERS retirement system, despite popular belief to the contrary.

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