OPM should pay new retirees 100% of the retirement estimate provided by the employing agency. In those few cases where this turns out to be too much, OPM can easily make deductions from future payments. And when the estimate is too low, they can pay more, to catch up. Either way, equity will be served.
Over the years, OPM (Office of Personnel Management) processing time for calculating annuities for new retirees has gotten progressively worse. Is it the increasing workload that is causing the problem? Here are the statistics.
A number of readers have asked about the backlog in processing retirement applications. OPM is making progress. The time it takes to process a retirement action has improved by about 15%. The agency’s goal is to get the processing time down to 45 days.
OPM said in a statement that checks and direct deposits for federal retirees will still be distributed as usual on the first business day of the month.
he second wife of a Federal retiree who remarried after his first wife died has lost her battle to convince the government that she was entitled to a survivor’s annuity.
A man who lied on a federal questionnaire found himself ineligible for a position and debarred from being appointed to a federal job.
Just when you thought that one Agency survived the politicization of the current administration, the MSPB reverses thirty years of case law to grant employees who shouldn’t have a Federal job in the first place the same appeal rights as those who have earned those rights. The Author points out that two of the members involved in the decision have extensive experience arguing cases for unions, two of which filed amicus briefs. Neither recused herself.
President Obama has given OPM delegated authority “to providing appropriate workplace accommodations for executive branch civilian employees who are nursing mothers.” What does this mean for your agency?
What is the FERS annuity supplement and how is it calculated? The author says that OPM is over-paying FERS annuity supplements because of differences in how OPM calculates the supplement from how the Social Security Administration calculates payments.
A recent article on pet insurance for federal employees stirred up a hornet’s nest. Here is what happened.
