CSRS Annuity and Divorce Decree
I am under CSRS and thinking about retiring soon. However, I am divorced and my divorce decree has a formula type clause and I don't know how OPM will apply this formula in determining my annuity. Is...
View ArticleSpouse’s Survivor Benefit at the Time of Death
I am 60. I would like to continue to work at least until I'm 62 but if I were to pass away before retiring, would my wife be able to apply for a survivor's pension based on my being eligible for...
View ArticleUtilizing the TSP After Transitioning to Private Sector
I'm considering resigning from my career with the Postal Service and working in the private sector. Can I leave my TSP funds in place after resigning, and I can make deposits and withdrawals thereafter?
View ArticleWhat Happens to My Retirement Contributions if I Die Soon After I Retire?
If I were to pass away after only being retired a couple of years, I will have only had taxes excluded on a portion of my pension. If my wife and I elected no survivor annuity, does she get the...
View ArticleImpact of LEO ‘Bridge’ on Federal Pension
I was employed in a law enforcement officer position and retired under FERS. I am collecting my annuity and the "bridge." I have an opportunity to be hired in a non LEO, part time position in the...
View ArticleWill Retired Federal Employees Still Receive Their Annuity Payments in the...
Retired federal employees may be wondering if they will still receive their annuity checks if the government shuts down at the end of the month. This information from the Office of Personnel Management...
View ArticleWhat Impact Does Unused Sick Leave Have on My Annuity?
I plan on retiring with 42 years and 7 months of service in Jan 2017. I will have accumulated 2500 hours of sick leave balance at time of retirement. I am in CSRS, so I was wondering what the increase...
View ArticleDetermining ‘Net Annuity’ and Payments to an Ex
I have contacted some HR folks and have gotten different answers as to how "net annuity" is calculated for what I and my ex have to respectively pay each other when we retire. Are you able to give an...
View ArticleWhich is Better to Put in Place for My Wife: Survivor Benefit or Guaranteed...
Do I take a full survivor benefit for my wife which I estimate will be $226.00 that is deducted from my monthly retirement, or do I take some kind of guaranteed life insurance that would guarantee her...
View ArticleNew Guide Shows You How States Will Tax Your Annuity
A new guide from NARFE gives federal employees an overview of state tax rates and how each state treats retirement income with respect to taxation.
View ArticleHow To Tell If You Are Getting Bad Advice About Your TSP
Your savings inside of the Thrift Savings Plan that you worked so hard throughout your federal career to accumulate are a large component of providing income in retirement. It is important, therefore,...
View ArticleInterest Rates and Your TSP Annuity
Have the low interest rates we have been having for the last several years affected the amount of money a person would be entitled to if he chose the TSP annuity option? The post Interest Rates and...
View ArticleHow is the 2016 FERS Annuity Supplement Calculated?
The author provides a basic explanation of how the FERS annuity supplement is calculated as well as why a federal employee would want to make the calculations. The post How is the 2016 FERS Annuity...
View ArticleDo Members of Congress Get a Special Pension Benefit That Other Federal...
There is a common belief that Members of Congress have a special pension that will pay them their full salary as a pension for as little as five years of Congressional service. Is this really true? The...
View Article0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017
There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017. The post 0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017 appeared first...
View ArticleHow is the TSP Annuity Supplied by MetLife Calculated?
Can you tell me how the TSP annuity that is supplied by MetLife is calculated? I have been given a bunch of different answers and none match what the TSP rate is offering (which is of course much...
View ArticleWill Retiring in the Middle of December Lower My FERS Pension?
I understand that there is often a "best date" to retire to maximize one's pension, but I want to retire in the middle of December 2017 to take my family on vacation. What effect will that have on my...
View ArticleProposed Retirement Changes for Federal Employees
Changes are likely to occur in the federal retirement program. Here are some probable proposals that would impact current and future federal retirees. The post Proposed Retirement Changes for Federal...
View ArticleHow Much of a Pension Will Obama and Biden Get After Leaving Office?
Barack Obama and Joe Biden have left the White House, but they will be receiving compensation for their service in government. Here is a summary of how their pension programs work. The post How Much of...
View ArticleWhat Happens to Your Federal Benefits If You Leave Before You Are Eligible to...
What happens to your benefits as a federal employee if you leave before you are eligible to retire from federal service? The post What Happens to Your Federal Benefits If You Leave Before You Are...
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