What Impact Does Sick Leave Have on the FERS Annuity Computation?
Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?
FERS
Stay informed on the latest FERS retirement news, including updates on FERS annuity calculations, retirement eligibility rules, service credit, COLA adjustments, and federal retirement policies that affect current and future retirees. Find clear explanations of FERS benefits, survivor options, the FERS supplement, and key guidance to help federal employees understand how their retirement income is calculated and how policy changes may impact long‑term financial security.
Shrinking Supplemental Annuity Payments: Response from OPM
Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.
Substantial Cuts to Federal Employee Benefits Proposed in FY 2019 Budget
As anticipated, the FY 2019 budget proposal from the White House outlines proposed benefits changes for federal employees. Here is a summary.
Changes for Federal Employees Coming to the Workplace
The Trump administration’s new budget proposal is reportedly going to propose changes to performance rating systems and within-grade increases for federal employees. Here is a list of other possible proposals as well.
What’s the Difference in the 1% and 1.1% FERS Annuity Computations?
I’ve heard that there are two different computation factors that are used in computing the FERS annuity; 1% and 1.1%. What’s the difference between them?
Maximized Pension vs Survivor Protection: A Fresh Take on an Age Old Debate
Is the Surviving Spouse Benefit a good buy for federal employees? Here are some considerations.
Cuts to Federal Retirement System: Evaded or Merely Postponed?
A budget resolution making cuts to federal pay and benefits recently failed to pass Congress, but it left federal employees wondering what the future may hold.
How Much Income Will I Need in Retirement?
Many people haven’t given much thought to how much income they will need in retirement. These are some tips on how to help you with your planning.
Federal Retirees: Will You Receive a Full or Prorated COLA?
The 2018 COLA increase will be reflected in payments for federal retirees in January 2018. Some will receive a full COLA; others will receive a prorated COLA.
I Worked Part Time Under FERS; How Does This Affect My Annuity?
I’m a FERS employee who has worked part time for part of my federal career. How does this affect my length of service and the way my FERS annuity is computed?
