Retirement
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…
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
The High-Five Average Salary
There is a great deal of interest in the high-5 calculation for federal retirement. Is it really going to happen? When will it take effect? How will it…
Retirement
The Earnings Test for Your FERS Annuity Supplement
The only thing 100% clear about the FERS annuity supplement is that it ends at age 62.
Retirement
FERS and Your Future Retirement: How Much Will You Receive After Retirement?
How much will you receive in retirement income when you retire? Here are some examples that will demonstrate how your retirement income is calculated.
Retirement
Military Buyback: Should I Pay the Money?
A Federal employee with prior military service has the option of making a deposit into the retirement fund, in order to receive credit for this service in his…
Retirement
Why Did Your Federal Annuity Payment Go Down?
We have received numerous queries from readers asking why their annuity payments decreased in January. Here is our explanation of what has occurred.
Retirement
Overpaying FERS Annuity Supplements?
What is the FERS annuity supplement and how is it calculated? The author says that OPM is over-paying FERS annuity supplements because of differences in how OPM calculates…
Retirement
What is the Maximum Annuity Supplement in 2010?
FERS employees who retire prior to age 62 are entitled to an annuity supplement, either immediately or upon attaining the MRA (Minimum Required Age). Some believe the supplement…
Retirement
What are “Deemed” Salaries, in the FERS Annuity Supplement?
In calculating a FERS annuity supplement, you will find some years in which a retiree was not in pay status for the entire year. When this happens, the…
Court Cases
Divorce, Death, Children and a Federal Retirement Annuity
A federal court has upheld OPM in following the order of a divorce court to pay a portion of a retiree's civil service annuity to his two adult…