OPM Makes Small Gain in Retirement Backlog for September
The Office of Personnel Management made a very slight improvement in the number of outstanding retirement applications in its backlog in September.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
The Office of Personnel Management made a very slight improvement in the number of outstanding retirement applications in its backlog in September.
The Federal Retirement Thrift Investment Board recently released its five year strategic plan. The author highlights two goals from the plan and what they would mean for federal employees investing in the Thrift Savings Plan.
Numerous organizations recently sent a letter to lawmakers urging them to find a way to ease the burden of expected rising Medicare part B premiums in 2017 to help retirees.
All but one TSP fund had positive returns in September. Here are the best and worst performing funds so far in 2016.
What lies at the core of OPM’s retirement backlog? The author explains the most glaring problem he sees with the situation and what can be done to solve it.
The author notes that despite his handle, the original Lone Ranger didn’t actually ride alone. He had the assistance of Tonto, his trusted companion. Federal employees considering planning their retirements alone can learn from this analogy: they can often fare better with the assistance of a trusted guide to help them. The author provides suggestions on what to look for in a federally focused financial planner.
Where can I find good information on federal retirement? This is a common question many federal employees have. The author provides some suggestions.
There is some good news for readers who may be hoping for any COLA increase in January.
Federal employees and retirees will face a series of difficult decisions over the next month as they think about funding their benefit contributions in the midst of rising costs.
Legislation would change the COLA calculation for Social Security and federal retirees to the CPI-E index. It would also benefit those collecting spousal benefits.