Retirement Claims Inventory Rises in October
OPM received more retirement claims in October than it did in September which pushed the backlog of outstanding claims higher.
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.
OPM received more retirement claims in October than it did in September which pushed the backlog of outstanding claims higher.
FedSmith.com users said in a recent poll that they do not have confidence that Social Security will be able to pay benefits to them when they reach retirement.
When my retirement is calculated over 30 years in service, will my CSRS Offset time be added to the CSRS years, or the FERS years?
The IRS announced today that the contribution limits for tax advantaged retirement plans such as the Thrift Savings Plan will be increasing in 2015.
This is the time of year for learning more about expenses and income for 2015. What pay raise can federal employees expect to receive with the COLA increase and how does this compare to the increase in FEHB premiums?
The COLA next year for many federal retirees and Social Security recipients will be 1.7%.
I am a VA employee under FERS retirement. I meet the MRA. Does this mean I would not be eligible for the special retirement supplement?
What will the COLA be in 2015? Here is a quick summary. The percentage will be less than the increase of the average FEHB increase next year.
The Thrift Savings Plan is a crucial part of saving for a successful retirement from your government career. The TSP has released a series of short videos that give federal employees a basic overview of each of the funds inside of the TSP.
One advantage federal employees have when saving for retirement is the Roth TSP. A Roth investment allows you to pay tax on the seed (the smaller, starting investment) and reap the bounties (the investment plus growth/interest) tax-free. The author explains more about how this works.