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 was promoted to a GS-14 position in September of 2012. I plan to retire in September 2015. Will my “High 3” be calculated from September 2015 – September 2015 or from calendar year January 2012 – January 2015?
I plan to retire December 31, 2015, and on December 1, 2015 I am due for a step increase. I want to know if the retirement estimate will project from that increase – Will I be paid for my leave and annuity at the new pay increase?
Should I retire now or keep working to get 20 years of service? How much would I lose in retirement by leaving earlier?
In response to a recent CBO report that recommends various cuts to federal employee benefits, the author advises federal workers not to panic about these recommendations and explains why he thinks they are unlikely to materialize.
Does OPM base the CSRS retirement calculation on an employee’s high-three annual BASE PAY or LOCALITY PAY when determining the annual retirement payment?
A recent report from the Congressional Budget Office makes a myriad of proposals designed to help put a dent in the growing federal debt, some of which would directly impact federal employees.
The federal retirement plan is one of the biggest benefits of being a federal employee. Changes are coming that will impact many readers and most of the changes are not going to improve the program.
In the second article in the series, the author goes into some additional detail about the three basic aspects of the high-3 average pay calculation.
The high-3 average pay is a basic component of an employee’s retirement contribution that federal employees often find confusing. The author offers some detailed explanation to take the mystery out of it.
