Tag: Annuity

Are Abnormally Successful Feds Faking Their Own Death for Financial Gains?

By on February 21, 2018 in Retirement with 0 Comments
Are Abnormally Successful Feds Faking Their Own Death for Financial Gains?

How would your spouse get by in retirement if you were to pass away? The author discusses how imagining this scenario can help with your retirement planning.

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What’s the Impact of the [PROPOSED] FERS Benefit Cuts?

By on February 18, 2018 in Pay & Benefits, Retirement with 0 Comments
What’s the Impact of the [PROPOSED] FERS Benefit Cuts?

The White House’s 2019 budget outlined a number of proposed cuts to federal employees’ benefits. How much of an impact would these have on your retirement?

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What Impact Does Sick Leave Have on the FERS Annuity Computation?

By on February 14, 2018 in Q&A, Retirement with 0 Comments
What Impact Does Sick Leave Have on the FERS Annuity Computation?

Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?

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Shrinking Supplemental Annuity Payments: Response from OPM

By on February 13, 2018 in Q&A, Retirement with 0 Comments
Shrinking Supplemental Annuity Payments: Response from OPM

Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.

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A Shrinking Annuity Payment for Some Former Feds

By on February 11, 2018 in Pay & Benefits, Retirement with 0 Comments
A Shrinking Annuity Payment for Some Former Feds

OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.

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What’s the Difference in the 1% and 1.1% FERS Annuity Computations?

By on February 6, 2018 in Q&A, Retirement with 0 Comments
What’s the Difference in the 1% and 1.1% FERS Annuity Computations?

I’ve heard that there are two different computation factors that are used in computing the FERS annuity; 1% and 1.1%. What’s the difference between them?

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Does Your Unused Sick Leave Count Towards Your Retirement Eligibility?

By on October 19, 2017 in Retirement with 0 Comments
Does Your Unused Sick Leave Count Towards Your Retirement Eligibility?

How is your unused sick leave factored into your annuity calculation? The author clarifies what he says is a frequent misconception among federal employees.

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Federal Retirees: Will You Receive a Full or Prorated COLA?

By on October 18, 2017 in Retirement with 0 Comments
Federal Retirees: Will You Receive a Full or Prorated COLA?

The 2018 COLA increase will be reflected in payments for federal retirees in January 2018. Some will receive a full COLA; others will receive a prorated COLA.

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I Worked Part Time Under FERS; How Does This Affect My Annuity?

By on October 10, 2017 in Q&A, Retirement with 0 Comments
I Worked Part Time Under FERS; How Does This Affect My Annuity?

I’m a FERS employee who has worked part time for part of my federal career. How does this affect my length of service and the way my FERS annuity is computed?

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When is the Best Date to Retire in 2017?

By on September 26, 2017 in Retirement with 0 Comments
When is the Best Date to Retire in 2017?

Are you planning to leave federal service at the end of the year? These are some important considerations for maximizing your annuity and leave payments.

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