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Know Which Survivor Benefits Apply to You-Part 2
In part one of this post, we looked at survivor benefits that are available to your beneficiaries. This post will focus more on the amount of each benefit. Survivor Annuity This benefit is the longest lasting of the survivor benefits and it is automatic for employees....
What Will Happen to My Annuity if I Leave Federal Service?
What Happens if I Leave Federal Service? Leaving federal service isn't an easy step to take, and you'll have to weigh all the details carefully. In some cases, the choice is not all that difficult: better hours and pay, closer commuting, better benefits, etc. However,...
Federal Survivor Benefits: Death Benefits, Annuities, and What Your Family Can Expect
Survivor benefits are difficult to understand and frankly, may not be thought of very often. However, that could be a mistake. Not choosing a beneficiary in the case that something happens to you may cause delays in the distribution of benefits. This could cause undue...
What Happens to Your TSP if You Leave Federal Service?
The Thrift Savings Plan (TSP) is available to federal employees and works very similar to a 401k. It is part of the three-tier FERS system, which also includes a pension and Social Security. So what happens if you leave federal service? Can your TSP move with you?...
Member of a Union and Seeking Federal Disability Retirement?
Here at Harris Federal Law Firm, we help countless federal workers who are members of a union. Additionally, we offer discounts to those who are affiliated with one. Unions have the power to impact pay, work hours, benefits, and workplace safety. A couple of the...
What is the Merit Systems Protection Board (MSPB)?
Federal workers who can no longer perform their job duties may be eligible for Federal Disability Retirement. If you apply and are denied twice through the OPM, you can appeal that decision. This time, your case is reviewed by the MSPB. This is a much more formal...
The Reconsideration Process of Federal Disability Retirement
All federal workers have the right to apply for Federal Disability Retirement if they have an illness or injury that prevents them from doing their essential job duties. Furthermore, if you are denied at the initial stage through OPM, you also have appeal rights. The...
VA Disability–The Requirements and Benefits
VA Disability is designed for veterans who become disabled, due to injury or disease, during active military duty. Compensation is tax-free. Eligibility To be eligible, you must be at least 10 percent disabled because of an injury or disease that was incurred or...
Why Special Security Supplement is Important in Retirement Planning
The Special Security Supplement can be a tad confusing to understand. One of those reasons is because it has so many names; Bridge to 62, FERS Special Supplement, Special Retirement Supplement, Annuity Special Supplement, and Special Supplement. However, all these...
What is the Cause for a Continuous Backlog at OPM?
The Office of Personnel Management (OPM) is notorious for taking months to process retirement applications. There is a continuous backlog. This is especially difficult for someone who is applying for Federal Disability Retirement. They can’t work, or at least not...
Federal Retirement Financial Planning
It is never too early to start thinking about retirement. Planning is key when it comes to this stage of life. Hiring a financial planner is a decision some federal employees choose to make. If this is something you are considering, make sure you find one who knows...
FERS- The Federal Employee Retirement System
If you are a federal employee who was hired after January 1, 1984, you fall under the FERS retirement system. This is different than the Civil Service Retirement System (CSRS) in that the FERS system is known as a three-tier system. The three parts are a Basic Benefit...
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