There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.
Numerous organizations recently sent a letter to lawmakers urging them to find a way to ease the burden of expected rising Medicare part B premiums in 2017 to help retirees.
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In his final article in this three part series, the author discusses actions federal employees in the FERS system should take to best utilize the benefits available to them to prepare for a successful retirement.
A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.
Federal employees covered under CSRS Offset have special considerations when it comes to collecting Social Security in retirement. The author describes how this works and provides some real life examples based on a hypothetical scenario.
Phased retirement may be a solution in search of a problem. Agencies have been slow to implement it and reception by federal employees has been languid. DoD is now moving out to implement the program.