OPM Retirement Applications Backlog Now Below 30k
The latest monthly status report from OPM on retirement applications shows that the outstanding backlog of applications has fallen below 30,000.
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 latest monthly status report from OPM on retirement applications shows that the outstanding backlog of applications has fallen below 30,000.
What impact will the recent “fiscal cliff” legislation have on you as a federal employee? Will you be better off hanging around or retiring?
A famous French actor makes headlines by leaving his home country for a more hospitable economic climate. With a global economy, mobility is always a possibility. Are wealthy Americans leaving this country and will the trend increase with higher taxes?
In addition to the pay freeze that has been in effect for some time, federal employees are also helping with the government’s spending problem through the involuntary use of the G fund. Here is how that works and how the scenario is likely to play out when all is said and done.
The author offers some suggestions for ways federal employees can spend their time after retirement.
The House narrowly passed the Spending Reduction Act, a bill that would raise federal employees’ retirement contributions by 5% over five years, beginning in 2013.
We recently asked our users who are recent retirees what their experience has been like with getting their applications processed by OPM. While some users reported a positive experience, the results indicated an overall dissatisfaction with the process.
How would a chained CPI impact a federal retiree’s annuity payments over time?
The news on the “fiscal cliff” negotiations continues to flow freely. Some of the latest information makes mention of changes that could have an impact on the federal workforce.
How will your investment in the G fund and your federal retirement funds be used if there is no resolution on the debt ceiling?