CSRS
-
While people are fascinated by the TSP Millionaires Club, the real question is where does your account rank in value?
October 07, 2019 -
Federal-military-Social Security retirees are hoping for a January 2020 cost of living adjustment, which is nice but not as nice as the days of 8% or 9% yearly increases.
September 30, 2019 -
Bills, budgets and proposals to whack federal retirement benefits used to be the stuff of nightmares for both workers and retirees under FERS and CSRS.
September 17, 2019 -
Earlier this year, the chances of both (or either) a federal pay raise and a separate cost of living adjustment for retirees were hovering somewhere between slim and slimmer. The president called for a zero…
September 13, 2019 -
Hundreds of federal and postal workers become retirement eligible every day. Although most don’t retire at the first opportunity.
September 09, 2019 -
The dominant Federal Employees Retirement System covers most working feds. It’s good but it has several moving parts.
September 04, 2019 -
Most experts say it is essential that people under the Federal Employees Retirement System put at least 5% into the Thrift Savings Plan.
August 28, 2019 -
When the Federal Employees Retirement System was being developed in Congress, most people didn’t switch even though they probably should have.
August 26, 2019 -
Since the 1980s some federal offices and postal stations have been divided by a form of pension envy between CSRS and FERS.
August 22, 2019 -
With two critical months to go in the cost of living adjustment countdown, federal, military and Social Security retirees are in line for an inflation catch-up.
August 15, 2019 -
Most current federal retirees, and a small percentage of folks still on the payroll, are under the old Civil Service Retirement System. It offers a generous lifetime annuity that is based on salary and length…
August 14, 2019 -
The size and purchasing power of your 2020 biweekly paycheck or monthly annuity payment will be decided in a couple of months. The good news about the January 2020 COLA for federal, military and Social Security retirees is that there almost certainly will be one.
August 12, 2019 -
The windfall elimination provision reduces the Social Security benefit for someone with less than 30 years of covered service if they qualify for an SSA benefit after as little as five years of covered service.
August 02, 2019 -
Thanks to a 1997 tax law that included the then-new Roth option, many people saving for retirement now have two choices.
August 01, 2019 -
Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.
July 30, 2019