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Document These When Filing for Federal Disability Retirement
When you file an application for federal disability retirement with the Office of Personnel Management, you must submit a very thorough and complete application. There is a lot of things about your condition that you must document for the OPM. If you don’t, your...
2019 COLA Increase: How Large Will It Be?
While the 2019 Cost of Living Adjustment amount won’t be available until mid-October, it is as good of as any to look at the possible COLA increase amount. Based on the current inflation trend, it’s very likely there will be a COLA increase in January 2019. CPI-W The...
Computation for FERS Non-Disability and Disability Annuitants
The computation of basic annuity will vary depending on your length of service, High-3 salary, and in some cases, your position in the federal government. Your High-3 average pay is the highest average basic pay you earned during any 3 consecutive years of service....
Definitions for Common Terms Regarding Federal Disability Retirement
Federal Disability Retirement can be a long and overwhelming process. There are many terms you may encounter that leave you confused and looking for a dictionary. This article will break down the definitions of common Federal Disability Retirement terms, to help...
Age and Service Requirements for FERS Retirements
There are many different types of retirements under the Federal Employees Retirement System and each has its own set of rules and requirements for you to be eligible for retirement. **This post will focus on the mainly just the age and service requirements for each...
Why You Shouldn’t Take a TSP Loan
Your Thrift Savings Plan account is where you can save the easiest for your retirement. And for some federal employees, this account balance can be quite large. It may seem enticing to dip into this account if you’re in need of extra money or to put a down payment on...
Saving Money and Federal Employee Health Benefits Program Options
Several federal employees are saving money on their taxes simply by making smart choices with their FEHBP options. These choices include taking advantage of premium conversion benefits, where health insurance premiums are deducted on a pre-tax basis and participating...
What is Your FERS Military Deposit Worth in Retirement?
Having active duty military service and an honorable discharge may help you receive more money each month and reduce the number of years you must work to become eligible for retirement. How to Increase Your FERS Pension with Military Service A provision in the Federal...
Numbers You Should Know About if You Want to Retire
There are a lot of important numbers surrounding retirement that you should be aware of. A lot of thought and planning goes into retirement as your choices will set you up for the rest of your life. A couple of things could happen: You’re mentally, and maybe even...
Good News if You’re a Federal Employee Who Has Relocated
The General Services Administration has issued guidance that will reimburse federal employees who relocated for the job and were forced to pay hundreds or thousands in moving expenses. The regulations apply to all federal employees who qualified for relocation...
What’s the Difference Between Retiring at 61 and 62?
Deciding when to retire can sometimes be a difficult decision. Your age, years of service, and your own personal situation come into play. Waiting until age 62 seems to be the norm for most, but is it really so costly if you retire at age 61, assuming you’re eligible...
Executive Order Signed to Boost Military Spouse Hiring
President Trump signed an executive order calling on federal agencies to better recruit military spouses, also tasking agencies with developing new strategies to remove barriers to spousal employment. The order doesn’t create new hiring incentives but says agencies...
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