Federal employees have not been able to purchase long-term care insurance for the past couple of months. That's because the Office of Personnel Management suspended the program, pending the new plans and prices that are expected from the carrier.
In many ways, retirement after a federal career is all about the numbers. Do you have enough saved that, together with your annuity, you won't run out of money. In some ways, retirement is not about numbers at all. There's also the danger of being bored to death. To delve into the issue of non-monetary advice, Federal Drive Host Tom Temin talked with federal retiree and AG Financial Services owner Abe Grungold.
The House and Senate appropriations packages are far from the only priority for Congress this fall — and many of the other to-do items have direct impacts for federal employees.
For the second month in a row, the Office of Personnel Management’s backlog of retirement claims increased in August. The 17,963 claims are an increase of 924 from July’s 17,047, and 4,963 claims higher than the steady state goal of 13,000.
Thomas Brandt, the chief risk officer at the Federal Retirement Thrift Investment Board, said the upcoming Association of Federal Enterprise Risk Management summit and survey will provide the latest snapshot on how agencies are doing in managing and mitigating risks.
For the first time since January, the Office of Personnel Management's backlog of retirement claims increased in July.
You or someone you know invested time and energy into building skills as a federal employee. Give yourself or a loved one the gift of NARFE today and enjoy the assurance of cushion of a benefits, resource and advocacy partner!
For Thrift Savings Plan investors, 2023, so far, has brought a partial climb back out of the depths of 2022. It's a good time to separate the patient investors over here, and the would-be market-timers over there.
New video tutorials from the Office of Personnel Management lay out, step by step, a couple of key items on the federal retirement to-do list.
The Office of Personnel Management’s retirement claims backlog is the lowest it has been since December 2017.
Mark Borkowski (left), the chief acquisition officer and assistant commissioner of the Customs and Border Protection directorate in the Homeland Security Department, will leaver federal service on June 30.
The Office of Personnel Management's backlog of retirement claims dropped by 2,259 claims in May.
Low-risk investments generally have low returns. By law, the Postal Service must invest retiree assets in U.S. Treasury securities. The Office of Inspector General took a look at how much USPS would have had now, with a stock-and-bond mix.
The Office of Personnel Management took a step to address more immediate concerns from retiring federal employees, ahead of the agency’s long-term efforts to modernize retirement services.