What Does ‘Creditable Civilian Service’ Mean?
I often see the phrase “creditable civilian service” in FedSmith articles – what does this mean?
Unlock the complexities of the Federal Employees Retirement System (FERS) with our insightful collection of articles. Federal retirees will find resources to help learn about the intricacies of FERS annuities, exploring key aspects of retirement planning and financial security. Stay informed about the impact of Cost of Living Adjustments (COLA) on FERS benefits, ensuring a comprehensive understanding of your retirement income. Explore topics ranging from annuity calculations to the latest updates on COLA adjustments, empowering you to make informed decisions for a secure and fulfilling retirement.
I often see the phrase “creditable civilian service” in FedSmith articles – what does this mean?
Do you know your lucky numbers for retirement? The author lists six important ones for federal employees in their retirement planning.
How is a retirement annuity calculated for someone who switched from CSRS to FERS?
I entered federal service late in my working life (at age 52). Will my federal retirement benefits be a meaningful source of income for me?
The author offers an analysis of the recent proposals to reduce retirement benefits as they relate to pay and recruiting.
What impact can waiting an extra year to retire have on a FERS annuity? The difference might surprise you.
At a town hall discussion held this week, OPM director Jeff Pon hinted that there may be major changes in store for federal employee compensation.
Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.
The SSA says that Social Security is not meant to replace all of your income in retirement; therefore, it’s also critical to do your own saving.
Andrew McCabe was fired from the FBI shortly before becoming eligible for a federal pension at 50. Reports indicate he has lost his federal pension, but is that really accurate?