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Mike Causey asked long-time fed and financial coach Abraham Grungold to check out the 2020 situation, who listed some things which workers under the Federal Employees Retirement System retiring in 2020 should seriously consider.
When they eventually retire, 99% of all current federal-postal workers will depend on their Thrift Savings Plan to provide a substantial portion of their future lifetime income.
A lot of people who retired last year or earlier this year probably wish they hadn’t. Most are living on less.
Lots of federal workers have said they might be willing to take a pay cut if they could do their jobs from a site a hundred miles from their home office.
While most feds oppose WEP and GPO, today’s guest columnist said he’s looked at the background, crunched the numbers and in his opinion they are fair.
Given the impact of the pandemic on the economy, and on prices, it is unlikely that retirees who get cost of living adjustments most years will be getting a COLA in January 2021.
The Civil Service Retirement System (CSRS) celebrated a big birthday last Friday, but there are few federal participants left in the government's once signature pension plan.
Time in grade and in government doesn’t automatically mean you will be able to maintain a reasonable standard of living once you’ve traded your biweekly pay check for a monthly annuity.
The Office of Personnel Management has given the Department of Veterans Affairs authority to rehire retired federal medical professionals.
March has been a game-changer for billions of people. The pandemic has produced a variety of mid-life crises for just about every thinking person.
In the real world the real heroes, i.e. the people who will literally save our bacon right now, are mostly unknown, faceless bureaucrats.
Working for the federal government has its rewards and challenges. The same when you retire — a lot of options which also means a lot of choices.
One of the great fears of people planning for retirement is running out of, or low on money while they are still breathing.
While there are some really dangerous federal jobs, including law enforcement officers, firefighters and prison personnel, even the 9-to-5 office positions are pretty scary now.