In the third article in his series on federal retirement, FedSmith.com author Randy Silvey addresses one of the most common questions he has received from FedSmith.com users: “Should I roll my TSP over to an IRA after leaving federal service?”
Information on a cost of living adjustment (COLA) for 2016 has been released with little suspense as it was already well-known that there would not be a COLA increase in January for federal retirees and Social Security recipients.
Without immediate action by Congress or the administration, a combination of economics and law may lead to Medicare Part B premiums rising as much as 52%. The author looks at some different ways the government could potentially prevent this from happening.
A new report from the Office of Personnel Management shows that the federal government is well on its way to meet the president’s goal of hiring 100,000 disabled individuals within five years.
Bernie Sanders has made a number of statements about Social Security during his campaign for president, but are they true? The author provides a fact check analysis of some of Sanders’ statements.
Are federal employees paid more than their private sector counterparts? It’s a debate that has been raging for years with no clear answers. The author discusses the latest twist in the salary debate: a report from the Cato Institute which says federal workers are paid far more generously than private sector workers. He says that while the report is mostly inaccurate, there is more to the story.
I plan on retiring with 42 years and 7 months of service in Jan 2017. I will have accumulated 2500 hours of sick leave balance at time of retirement. I am in CSRS, so I was wondering what the increase in my annuity, expressed as a percentage, above the 80% value, would be due to credit for sick leave.
It isn’t official yet, but there will not be a cost of living adjustment in 2016. Adjust your budget accordingly.
The Office of Personnel Management has released the full results from the 2015 Federal Employee Viewpoint Survey. Responses indicate that federal employees are increasingly satisfied with their pay.
