Tag: Annuity

Your Unused FERS Sick Leave: How Much is it Worth At Retirement?

March 19, 2010 7:11 AM

Until late last year, FERS employees in the twilight of their careers were faced with a dilemma: What should I do about my sick leave? This has recently changed and FERS employees now receive credit for their sick leave. How does this work in practice?

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How Much Of A Tax Break Will I Get On My Retirement Annuity When I Retire?

March 3, 2010 7:03 PM

You have contributed to a retirement fund for years. How do taxes work when you begin to withdraw that money? Here is a quick explanation.

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The FERS Annuity Supplement: What Makes The Estimate Wrong

February 4, 2010 8:37 PM

The FERS annuity estimate is really simple to calculate. But the actual supplement you are paid can be significantly less than the estimate. How does this happen?

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Almost Meeting the Requirements for a Survivor Annuity Isn’t Good Enough

January 25, 2010 7:38 PM

The widow of a federal employee who missed having 10 years of creditable federal service by thirteen days, has now lost before the appeals court on her bid for a survivor annuity benefit under FERS.

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Should You Elect a Survivor Benefit for Your Spouse?

January 14, 2010 7:18 AM

Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.

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Electing a Survivor Annuity: Follow Legal Requirements or Lose the Benefit

December 18, 2009 7:09 AM

A surviving widow of a retired federal employee tried without success to convince OPM, the MSPB and the appeals court that her deceased husband had provided her a survivor’s annuity.

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Who Will Get the Retirement Annuity?

April 10, 2007 8:56 AM

What will happen to a federal employee’s annuity in the event of a divorce? The answer is not always clear–even after a decision from OPM and the MSPB as demonstrated by this case.

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“Honey, I Forgot To Give My Former Wife A Survivor Annuity”

May 17, 2005 7:25 AM

The federal retirement system can be complex and confusing. Add a divorce into the mix, and the confusion and complexity increase. Here is a recent case that shows how confusing the issue of a survivor annuity can become as a result of a divorce.

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Sick Leave, Retirement Annuities, and CSRS Employees

October 1, 2004 7:36 AM

CSRS employees get credit for unused sick leave when they retire which can create confusion for employees under FERS.

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