Retirement
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For federal employees and federal retirees, Congress is eyeing changes to catch-up contributions, death gratuities, Social Security benefits and more.
October 23, 2023 -
A reduced cost-of-living adjustment, or “diet COLA,” for FERS retirees can create a much larger difference in retirement savings over time.
October 20, 2023 -
With the third quarter of 2023 wrapped up, TSP returns did not look quite as solid. To get a sense of what that means and what investors should consider, Federal Drive host Tom Temin got an update from certified financial planner Art Stein.
October 19, 2023 -
Starting in January, CSRS retirees will receive the full 2024 COLA adjustment of 3.2%, while FERS retirees will see a 2.2% adjustment added to their Social Security checks.
October 12, 2023 -
The Office of Personnel Management's retirement claims backlog hits a six-year low in September.
October 06, 2023 -
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.
September 13, 2023 -
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.
September 12, 2023 -
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.
September 07, 2023 -
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.
September 07, 2023 -
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.
August 22, 2023 -
For the first time since January, the Office of Personnel Management's backlog of retirement claims increased in July.
August 11, 2023 -
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!
August 09, 2023 -
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.
July 27, 2023 - ‘As easy as possible’: OPM’s new tutorials aim to help retiring feds and improve customer experience
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.
July 26, 2023 -
The Office of Personnel Management’s retirement claims backlog is the lowest it has been since December 2017.
July 06, 2023