Tag: FERS
Are You Retirement Ready?
With President Trump’s proposal to eliminate 107,000 federal positions in non-defense agencies starting in 2026, federal workers may face job insecurity, potentially ...Picking Your Retirement Date
The perfect retirement date is a widely discussed and dissected topic. There have been multiple articles dedicated to several strategies you can ...Retirement Processing Goes Electronic
Proposed changes to federal benefits, such as the elimination of the retiree annuity supplement and the transition to a “high-5” annuity calculation, ...Proposed Benefits Changes Come into Sharper Focus
As federal employees await the outcome of proposed cuts to their federal benefits, a committee document has provided some additional details. Increased ...Deferred vs. Postponed Annuity
For federal retirees under the Federal Employees Retirement System (FERS), the terms “deferred annuity” and “postponed annuity” refer to distinct options for ...Your FERS Retirement Application
In 2024, the Office of Personnel Management (OPM) processed approximately 92,000 retirement applications. Mistakes or missing information in your retirement application can ...Decoding Your Service Computation Date
A Service Computation Date (SCD) plays a pivotal role in shaping a federal employee’s access to various benefits and programs. How it’s ...Impact of Early Retirement on Benefits and Annuities
When government agencies need to downsize or restructure, they may offer eligible employees early retirement through the Voluntary Early Retirement Authority (VERA). ...FERS Options for Separating Employees
If you leave your government job before reaching retirement eligibility, you have two main options regarding your FERS contributions: Refund of Contributions: ...CBO Revives Cost-Cutting Proposals Targeting Federal Benefits
The Congressional Budget Office (CBO) regularly publishes reports offering options to reduce the federal deficit, with some proposals aimed at federal employee ...