The 2018 budget proposal from the White House includes various cuts to federal employee retirement programs. Here is a summary of the proposed changes.
These are some facts about deferred retirement that could be critical for a federal employee.
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.