Back to the Future: OPM and the Federal Employee Retirement Tsunami
In a “back to the future” moment, OPM has announced a new effort to get rid of its retirement backlog. How? By hiring more people and creating higher production standards.
In a “back to the future” moment, OPM has announced a new effort to get rid of its retirement backlog. How? By hiring more people and creating higher production standards.
The FERS annuity supplement is commonly believed to be linked to the Social Security Administration (SSA), even to the point where some believe the benefit is actually administered by SSA rather than the Office of Personnel Management (OPM), but this is not the case.
According to an OPM source, there will be no FEGLI open season in the near future.
The latest Federal Employee Viewpoint Survey shows many federal employees say pay raises are not dependent on performance.
Reports have been in the news about OPM’s poor performance regarding processing annuity payments for new retirees. What is the real cause of this problem?
Many FedSmith readers have commented on the excessive time it takes OPM to process the paperwork for full annuity payments. It is likely to get worse instead of better. Here’s why.
The OPM Office of the Inspector General has issued a report showing that payments from the federal government’s Civil Service Retirement and Disability Fund to deceased annuitants has averaged $120 million over the last five years.
The author walks the reader through some examples to illustrate that the CSRS retirement system may not be better than the FERS retirement system, despite popular belief to the contrary.
An OPM report shows that veterans’ rights in the federal hiring process contributed to more veterans being added to the federal workforce.
This is a follow-up article to the author’s article on the OPM retirement processing backlog.