2009 COLA Jumping 5.8% for Some Federal Retirees
At 5.8%, the 2009 COLA will be the highest increase for federal retireesin about 25 years.
Federal Employee Retirement
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.
Why Invest in Risky TSP Stock Funds? To Make More Money
It is human nature to panic when you see your stock investments losing money. The result is always the same: small investors dump their stock funds as the market goes down and they usually dump the most money when the market is at its lowest point. To preserve your retirement funds, take a deep breath, step back and look at the bigger picture. It may keep you from making a big mistake.
Leaving Government Before Retirement? What Happens To Your Benefits?
Some readers say they are contemplating leaving federal service before they retire. It could be for a better job, boredom, the boss from Hell or a myriad of other reasons. What happens to your benefits when you leave?
Retiring at the End of the Year?
Are you retiring at the end of the year? If so, here are several tips that may make the process less stressful.
Choosing Your Retirement Locale: Is It Time to Go Back to College?
Where will you choose to live after retirement and why will you live there? Perhaps you would like to relive some of your college experiences. Here are a few considerations and suggestions.
Feeling the Impact of Inflation: 6.2% COLA (So Far) for 2009
Inflation is alive and well in the United States. So far, the projected COLA increase for 2009 is 6.2% with another two months to go into the calculation.
Calculating Your FERS Annuity, Changing the TSP and Tobacco: Politics and the Federal Workforce
The House recently passed a bill change the TSP investment philosophy and the annuity calculations for those under FERS. Is it now in effect? What do these changes for the federal workforce have to do with the tobacco industry?
Confessions of a Federal Retiree
Like many people, this federal retiree left government service with high hopes and plans for the future. Some worked out well but the reality of health and financial issues brought home to this author how life can change after retirement. He offers advice on how to live and which decisions may be the most important ones after leaving government service.
House Passes Legislation To Increase Federal Annuity Payments for Some
FERS employees and CSRS employees get the same sick leave benefit–until the computation of a retirement annuity. A bill passed by the House on July 30 would change the current system.
5.7% for Retirees in 2009? It May Still Go Higher
Here is a reality check for readers. Inflation is alive and well. Federal retirees are on track for an increase of 5.7% next year–with another three months to go before the final figure is known. Federal employees may get an average of 3.9%–or there may be a continuing resolution that would delay finalizing the budget until 2009.
