Retirement
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Bills to reform the Windfall Elimination Provision and Government Pension Offsets have been reintroduced to Congress many times. Now a bill to reform the FERS "diet COLA" joins them.
May 24, 2022 -
If you are currently a federal worker who is considering retiring this year, is it possible to get both the pending pay raise and the COLA due retirees in January?
May 18, 2022 -
In today's Federal Newscast, House lawmakers want to change how cost-of-living adjustments, or COLAs, are calculated for many federal retirees.
May 17, 2022 -
The less than good news is that workers and retirees will need every penny of the near-record raise and COLA just to keep pace with inflation.
May 17, 2022 -
The House Committee on Oversight and Reform passed legislation that would create an internship center at the Office of Personnel Management.
May 13, 2022 -
The people behind the TSP, the Federal Retirement Thrift Investment Board, have a strategic plan for now through 2026.
May 13, 2022 -
Decades after FERS replaced CSRS some people, in both systems, insist they got the shaft. And are very bitter about being one of the have-nots.
May 10, 2022 -
The Office of Personnel Management reported that April's average monthly processing time for retirement claims was down from March and February, but still higher than in 2021.
May 09, 2022 -
Retiring as soon as you can may seem like a good idea now. But how will it impact you financially years into retirement when inflation has reduced your FERS annuity or your TSP balance?
May 04, 2022 -
Performance among the Thrift Savings Plan's stock funds was mostly down last month and the Lifecycle funds dropped, too, following slight gains in February.
May 02, 2022 -
Retiring from the federal government isn’t rocket science. And for some people its even more complicated and baffling. So it helps to have a checklist to keep you on the right career path.
April 26, 2022 -
If you have a simple exit strategy that provides the best deal for you in retirement, there is a good chance it may be wrong. Or at least not very simple.
April 20, 2022 -
Postmaster General Louis DeJoy says tough decisions lie ahead as part of the Postal Service's 10-year reform plan, and that the future of the agency depends on them.
April 15, 2022 -
Thanks to the it-had-to-happen-sometime downturn in the stock market, the number of Thrift Savings Plan millionaires dropped to 100,364 in March.
April 14, 2022 -
Many investors know the conventional thing to do, when times are good. But when things go south, which they do regularly, the fight-or-flight instinct kicks in. Times like now.
April 12, 2022