Will You Be Forced To Pay Into Medicare?
Congress is considering a bill that would require postal retirees to enroll in Medicare Parts B and D or lose their Federal health insurance. Is this the future for all Federal retirees?
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.
Congress is considering a bill that would require postal retirees to enroll in Medicare Parts B and D or lose their Federal health insurance. Is this the future for all Federal retirees?
How much of a COLA increase will federal retirees have in 2016? Any increase at all is looking highly unlikely.
I was employed in a law enforcement officer position and retired under FERS. I am collecting my annuity and the “bridge.” I have an opportunity to be hired in a non LEO, part time position in the federal government. I understand that the “bridge” will be affected by the earnings amount but will it affect my pension?
The author says that many federal employees are approaching financial problems as they near retirement due to a lack of planning. However, he says that with some basic planning for the future, they can not only survive in retirement, but thrive as well. He explains how this might work by providing an example of one couple’s retirement plan.
I’m over 70 and planning to retire in my late 70s. Are there one or two key things I should be looking at to start planning?
With Congress back in session this week, John Hatton, deputy legislative director for NARFE, told FedSmith.com that his organization has several priorities in terms of legislation it wants to see passed by Congress to help federal employees, including avoiding another government shutdown and interest rate cuts to the TSP’s G Fund.
According to the latest available data from the Office of Personnel Management, the agency’s outstanding backlog of retirement applications was left relatively unchanged over the last month.
Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.
The author proposes an alternate way of calculating the cost of living allowances for Social Security based on the process of computing cost of living adjustments for federal retirees that he says would result in tremendous long term savings.
The majority of FedSmith.com users said in a recent survey that they are opposed to adding a mutual fund window to the Thrift Savings Plan.