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.
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? It is based on two numbers. Here is how it works.
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.
FedSmith.com recently polled our users to see how long it took recent retirees to receive their full annuity payments. Here are the results.
The author tells a true story of a federal employee and friend who suffered some serious health problems and had to contend with leave without pay and retirement annuity considerations to cover his medical bills.
The author outlines ten common mistakes federal retirees should strive to avoid to get the most out of their retirement benefits.
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.
Republicans in the House have introduced legislation that would extend the pay freeze on federal employees as well as increase employee retirement contributions under both CSRS and FERS.
Married employees considering retirement have choices regarding the survivor annuity. Do they want/need it? If they do opt for the survivor annuity, how much do they want it to be? How much will it cost?
What is the best day for a federal employee to retire? Here are suggested retirement dates through 2020 from a federal retirement expert.