Is a Postal Service Early Out Pending?
Is a Postal Service early out/buy out pending?
Unlock the complexities of the Federal Employees Retirement System (FERS) with our insightful collection of articles. Federal retirees will find resources to help learn about the intricacies of FERS annuities, exploring key aspects of retirement planning and financial security. Stay informed about the impact of Cost of Living Adjustments (COLA) on FERS benefits, ensuring a comprehensive understanding of your retirement income. Explore topics ranging from annuity calculations to the latest updates on COLA adjustments, empowering you to make informed decisions for a secure and fulfilling retirement.
Is a Postal Service early out/buy out pending?
I am under FERS, and I did just submit a non-spousal beneficiary form to HR for my pension. If there is no lump sum payout, then what would the beneficiary form be for?
I recently received a “Certified Summary of Federal Service” and noticed that there were several entries annotated with “FICA Only — Deposit Not Paid” and my SCD is a later date than I have had for the last 25 years or so. Did those unpaid entries change my SCD for retirement?
If I retire near the end of the year, is my vacation payout going to be subject to Social Security tax if I have already reached the upper limit for payments under FERS?
The author outlines five questions that identify a few of the initial considerations that federal employees should examine when determining whether they should pursue OPM disability retirement.
The author outlines some of the resources available to federal employees to help them save for an early retirement.
The Office of Personnel Management announced the long awaited final regulations for the phased retirement program for federal employees late last week. As part of that announcement, OPM has also released a document with answers to some common questions employees are likely to have about this program.
The author says that federal employees who move to more expensive locality areas prior to retirement can actually boost their annuity after retirement. He explains how this works through the use of some hypothetical examples.
Two Congressmen have introduced legislation that would repeal the recent increases in federal workers’ pension contributions.
My OPM officer is saying that if I apply for retirement 6 months in advance, the application will “only sit in a folder.” Can you suggest what I should do?