FERS and CSRS Federal Disability Retirement: Common Roadblocks
What are the roadblocks and obstacles for a Federal Disability Retirement application, filed through the U.S. Office of Personnel Management, whether under FERS or CSRS?
CSRS
Retire or Keep Working?
As you get closer to the time when federal employees start thinking about retirement, there can often be apprehension about whether or not you are ready. This article will attempt to give you a clear understanding of the financial impacts of your decisions, so you can be informed and comfortable with what you decide.
What if Your Income Dropped by 40%?
Imagine you’re retired and living on a fixed income of $5,200/month. But suddenly your income dropped to $3,000/month. What changes would you have to make? Would you be able to stay retired? Who is faced with this situation?
Retiring the FERS Way
What can go wrong with your retirement application under FERS? A retired federal employee shares a frank, personal perspective of her experience, her frustration and offers advice on how to realistically prepare for retirement under FERS in the hope it will help other federal workers be better prepared for the experience.
Before You Take the CSRS VCP Annuity…
Many times when people consider the VCP annuity, it looks like a viable option. However, there are critical problems with the CSRS VCP annuity that you should know about before you sign on the dotted line.
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 shortfall, according to OPM, as the number of people covered by CSRS continues to decline.
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.
How is Your Federal Employee Annuity Calculated?
How is your federal employee annuity calculated? It is based on two numbers. Here is how it works.
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.
Full Annuity Payments – How Fast?
FedSmith.com recently polled our users to see how long it took recent retirees to receive their full annuity payments. Here are the results.
