The Best Annuity: FERS or CSRS?
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.
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.
Sequester Prevention Legislation Targets Pensions
The House Budget Committee has approved a measure that would increase pension contribution amounts for federal employees.
Federal Employee Retirement Annuities: How Bad Will It Be?
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.
Changes in Your Life and Your Survivor Annuity: What Happens to Your Federal Employee Survivor Annuity
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?
Details of Pension Changes Revealed
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?
The Practical Effects of the Proposed Pension Changes
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.
A Common Misconception about the FERS Annuity Supplement
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.
Should I Stay or Should I Go?
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.
CSRS Is Better Than FERS. Are You Sure?
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.
President’s Deficit Proposal to Target Federal Employee Pensions
The President has released a proposal outlining his ideas for ways to cut the growing federal deficit. The plan aims to make as much as $3 trillion in cuts, some of which would directly affect federal employees if they were to be enacted.
