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.
When a Federal employee finds his medical condition prevents one from performing one or more of the essential elements of the job, he is considered “disabled” under the Law, and therefore eligible for Federal Disability Retirement benefits. Such an individual will often not be accommodated by the Agency, if only because “accommodation”is a difficult requirement to fulfill.
The deficit commission has proposed changing federal retirement to use the highest five years of earnings to calculate civil service pension benefits for new retirees (CSRS and FERS) rather than the highest three years. How much of a difference would this make in a retirement annuity? It depends. Here are several scenarios.
This article looks at your retirement annuity when you left federal service, withdrew your contributions and did not re-deposit the money when you returned to work for Uncle Sam. What should you do?
Were you in the military prior to 2002? Are you going to qualify for Social Security? If you answered “yes” to both questions, I have good news for you! You are going to receive extra earnings credits, which will result in a higher Social Security benefit. Here’s how it works.
What is the FERS annuity supplement and how is it calculated? The author says that OPM is over-paying FERS annuity supplements because of differences in how OPM calculates the supplement from how the Social Security Administration calculates payments.
Will federal “deposit service” impact your federal retirement annuity? It may impact CSRS and FERS employees in different ways. Here is an explanation of how this could impact your future retirement income.
These are 10 things to keep in mind when applying for FERS disability retirement.
FERS employees who retire prior to age 62 are entitled to an annuity supplement, either immediately or upon attaining the MRA (Minimum Required Age). Some believe the supplement can equal, or even exceed, the amount of the annuity itself. Can this be true?
Is there really an ongoing “tidal wave†of retirements? If yes, is there evidence for it? If evidence shows there is no tidal wave, then why would a Federal agency foster such an impression?
In filing for Federal Disability Retirement benefits under FERS or CSRS, it is often the unintentional statement which can devastate a Federal or Postal employee’s disability retirement application.
