Misgivings about OPM’s Role in ObamaCare
Can the Office of Personnel Management successfully manage the nation’s health care exchanges?
Can the Office of Personnel Management successfully manage the nation’s health care exchanges?
How useful is a TSP calculator? One writer says it may be “dangerous.” This writer disagrees and says they may be useful for planning purposes.
The author says that the proposed phased retirement plan sounds good on the surface, but offers a few of his reservations about it.
The author tells a true story of a federal employee and friend who suffered some serious health problems and had to contend with leave without pay and retirement annuity considerations to cover his medical bills.
We all know Federal employees are going to pay more for their pensions, and at retirement they will receive less. It may not be as bad as you think though.
The author provides a follow up to his previous article about the proposed phased retirement; this time, he looks at its estimated savings in the federal budget.
The author compares pension options for federal employees late in their careers who would like to work fewer hours to the phased retirement bill that was recently passed by the Senate.
OPM could alleviate a great deal of the suffering and complaints by paying a higher proportion of the agency estimate when a federal employee retires. The agency chooses not to do this, thus ensuring the complaints continue.
The author illustrates a hypothetical scenario of two FERS employees with identical salary histories to show the dramatic impact the recently proposed pension reduction bill, as currently written, would have on future federal retirees.
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.