Sequestration Lowering Morale, Increasing Desire to Retire?
A recent FedSmith.com survey reveals that the sequester is harming morale and increasing the desire for federal workers to retire when they are eligible to do so.
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.
A recent FedSmith.com survey reveals that the sequester is harming morale and increasing the desire for federal workers to retire when they are eligible to do so.
The TSP has provided some information to participants on how sequestration may affect their accounts.
OPM has added additional guidance to its information on furloughs to cover leave accrual and retirement annuity benefits.
Choosing the right Social Security election can significantly impact the amount of benefits you receive over your lifetime.
What percentage of a federal employee’s annuity does the government pay? The author provides the results of his investigative research.
House Majority Leader Eric Cantor (R-VA) issued a statement today which reiterated a desire to see federal employees pay more towards their retirement.
The federal retirement program has a large “unfunded liability.” Will this impact your future retirement?
Imagine you’re retired and living on a fixed income of $5,200/month. But suddenly your income dropped to $3,000/month. What changes would you have to make? Would you be able to stay retired? Who is faced with this situation?
The high-3 average pay is a basic component of an employee’s retirement contribution that federal employees often find confusing. The author offers some detailed explanation to take the mystery out of it.
New federal employees hired after January 1, 2013 must pay more for their retirement benefits than existing employees. Exactly how much more will they pay? The author provides some example figures.