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For three months in a row, the number of federal retirements has exceeded what the Office of Personnel Management projected. OPM estimated it would receive 7,000 retirement claims in September. The actual number of claims the personnel agency received was 11,952.
October 05, 2012 -
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Worried about Congress changing your retirement benefits? If so, that should be the least of your worries, Senior Correspondent Mike Causey says.
October 02, 2012 -
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If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.
July 05, 2012 -
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If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.
May 11, 2012 -
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Charles Farrell, a principal with Northstar Investment Advisors, discussed the pros and cons of buying annuities. The Government Accountability Office recently released a report detailing various retirement strategies, including converting savings into an annuity.
July 18, 2011 -
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Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, discussed the pros and cons of cashing out a TSP and what to think about when buying an annuity from a private company.
July 15, 2011 -
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The Public-Private Employee Retirement Act of 2011, introduced in the Senate, would end the defined benefit portion of feds\' retirement starting with new hires in 2013.
March 21, 2011
