Actuaries tell us that a 55 year old can expect to live another 30 years. How will you spend those days after you leave the workforce? The author provides some suggestions on how to find your retirement dreams and make them a reality.
I’ve heard rumors that Congress will be changing how our retirement is computed by mandating a “high-five” calculation, rather than a high-three. Is this likely to happen and, if it does, what will it do to our pensions?
Many federal workers who consider applying for federal disability retirement are apprehensive about the word “disability.” They think of disability in the context of Social Security Disability, which requires a claimant to be totally disabled. However, as the author notes, there is a difference between total and occupational disability, and he explains the differences as they apply to work requirements and applying for benefits.
No one lives forever, but you will leave survivors. Your federal employee benefits are valuable and can affect those that survive you. The author details what federal workers can expect to happen with regards to their benefits if they pass away after retiring from federal service.
Here are some specifics from the leading candidates and how cutting government spending could impact the federal workforce.
A petition that was recently started on the White House’s We the People petition website is asking the government to repeal the Windfall Elimination Provision and Government Pension Offset provisions.
What are the attributes of a qualified financial advisor, and where can I find one?
I plan on retiring with 42 years and 7 months of service in Jan 2017. I will have accumulated 2500 hours of sick leave balance at time of retirement. I am in CSRS, so I was wondering what the increase in my annuity, expressed as a percentage, above the 80% value, would be due to credit for sick leave.
Retired federal employees may be wondering if they will still receive their annuity checks if the government shuts down at the end of the month. This information from the Office of Personnel Management sheds some light on this and other questions federal retirees may have.
Starting in January, most retirees under the Civil Service Retirement System (CSRS), who also are enrolled in Medicare Part B, could see a 52% jump in their monthly Medicare premiums.
