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.
I am 60. I would like to continue to work at least until I’m 62 but if I were to pass away before retiring, would my wife be able to apply for a survivor’s pension based on my being eligible for retirement at the time I died?
I’m planning to retire at 62 and my human resources department has presented me with the option of depositing $9,645.00 (roughly 3K + 6K interest). If I don’t deposit for the period I was not under CSRS then I will receive $80.38 less per year in retirement (provided I retire now). Is this correct?
I have 15 years under CSRS and 15 under FERS. How will my retirement be calculated?
When a federal employee has retired, income taxes do not go away, they just change somewhat. Federal pensions, Social Security and distributions from the Thrift Savings Plan are all taxable to some extent. These are some taxes you can expect to incur in 2015 as a retired federal employee.
Will you get an extra pay day in 2015? The author clarifies confusion among some FedSmith.com users from his previous article about whether or not they can expect an extra pay day in the new year.
I will receive the FERS supplement until age 62. I plan to wait until my full retirement age of 66 years 2 months to consider filing for Social Security. Can I file a restricted application for my spouse’s Social Security benefit and delay filing for my own Social Security benefit until age 70, allowing my benefit to continue to grow?
If I retire when I am eligible but do not withdraw my TSP funds can I still do so when I turn 55 without a penalty?
The author says that while you can retire on any date that you choose, there may be some advantages to retiring at certain times of the month or year. She shares her opinions as to which dates she believes may be best dates for federal employees to consider retiring.
When my retirement is calculated over 30 years in service, will my CSRS Offset time be added to the CSRS years, or the FERS years?
I am a VA employee under FERS retirement. I meet the MRA. Does this mean I would not be eligible for the special retirement supplement?
