If your retirement nest egg is invested in the stock market you probably know that after a very long winning streak September was not too nice.
The director of the National Institutes of Health, Dr. Francis S
One of the big differences between government and the private sector is the field of labor relations. In industry, it is usually disgruntled workers who go out on strike.
Have your career plans changed some, a lot or completely since the COVID pandemic? Has the retirement tsunami, first predicted in the 1990s, actually started?
Currently, most feds in retirement left under the CSRS program so they get full COLAs. But the overwhelming majority of people working for Uncle Sam now are under the FERS program.
Employees and contractors are entering uncharted territory with the new federal vaccine mandate, bringing anxiety to some who wonder whether it'll prompt firings, retirements and departures for the resistant.
Time, especially for federal workers under the Federal Employees Retirement System (FERS), can be on your side. If you plan wisely and begin early.
OPM has not come back to pre-COVID levels of retirement claims processing and staffing, and like many federal agencies is still dealing with a wide swath of the workforce working remotely.
For somebody with a long retirement horizon ahead of them, deferring Social Security until age 70 could boost their benefit 68%. Tough call. But one worth considering very carefully.
If the 2022 mid-term elections are as energized as some experts predict, it could produce a Congress that might repeal or modify two 1980s laws.
Year over year, the F and G funds were up slightly while the S, I and C funds were down between 3.36 and 5.20 percentage points.
Whatever the reason, whether your life is a bed of roses or a getting-worse-nightmare, there are things you can do now to insure what you leave will go to who you want.
About 89% of participants said they're satisfied with the Thrift Savings Plan in 2021, a 2% bump over last year. The TSP attributes the slight increase to improved satisfaction among military members in the blended retirement system.
Do you suffer from pension envy? Many current and retired federal employees do!