Retirement
How Much is the Maximum Annuity Supplement?
The procedure for calculating the supplement is clearly spelled out in Chapter 51 of the CSRS & FERS Handbook, but it is a difficult process. The author offers…
Annuity
Stay informed on federal retirement annuities under both FERS and CSRS, including updates on annuity calculations, eligibility rules, service credit, survivor benefits, and COLA adjustments that affect long‑term retirement income. Explore clear explanations of how federal pensions are computed, how policy or legislative changes may impact annuity payments, and what federal retirees need to know about planning for financial security. Find timely analysis and practical guidance to help federal employees and retirees understand the factors that shape their annuity benefits.
Retirement
Ryan Budget Calls for Hike in Federal Employee Retirement Contributions
House Budget Committee Chairman Paul Ryan (R-WI) released the 2015 House Republican budget today which contains some proposals that would directly impact the federal workforce.
Retirement
For New Retirees: More Money in the Interim Payment
When Federal employees retire, they start getting "interim" payments, almost immediately. These payments are approximately 60% of the final, fully annuity. For FERS employees under age 62, there…
Retirement
Special Retirement Considerations for Some Federal Employees
The author outlines special retirement considerations in areas such as FERS annuity calculations, the Thrift Savings Plan, and insurance for federal employees who work in law enforcement.
Retirement
Phased Retirement: Who Will Benefit?
When it becomes fully operational, the phased retirement program will allow pre-approved employees to reduce their work schedule to part-time, while simultaneously paying them a partial annuity. Will…
Retirement
Say Good-Bye to the FERS Annuity Supplement
The FERS annuity supplement is probably going to end. How will it impact your retirement plans?
Retirement
Retirement Myths: What Determines Your Retirement Annuity?
Your FERS or CSRS annuity will continue for the rest of your life, and the amount of your annuity is determined by your high-3 average salary and your…
Retirement
Retirement Myths: Retirement and Your Sick Leave Increments
The authors point out that as few as six hours of sick leave can increase your retirement annuity.
Retirement
How Much Do You Know About Funding of the Federal Retirement System?
The unfunded liability of the older CSRS retirement system will hit a peak of $684.8 billion by 2023. Your future pension benefits should be secure despite the financial…
Retirement
Notes on the Lump Sum, the Survivor Annuity, and Life Insurance
The author offers some details and example calculations on the lump sum, survivor annuity, and life insurance benefits.