16 Things Seniors Born Between 1941-1969 Could Take Advantage Of
All eligible retiring federal employees will receive an annuity that is calculated based on their length of federal service and their high-three average salaries. Learn what it is, what pay is included, and how it’s calculated — with several helpful examples more…
CSRS (Civil Service Retirement System)
Senate Bill Would Increase COLA for Many Federal Retirees
If passed, the Equal COLA Act would end the disparity between the two federal retirement systems (CSRS and FERS) and ensure all federal retirees receive full cost-of-living adjustments on their annuities more…
Guide to Federal Retiree COLAs: What Are They and How Are They Calculated?
Ed Zurndorfer gives an overview of an often confusing topic: Understanding what the cost-of-living adjustment (COLA) is, how it is computed, and how it affects CSRS and FERS annuities, survivor annuities, and other federal employee death benefits. Several practical examples are included more…
Using OPM’s ‘Federal Ballpark E$timate’ Calculator for FERS / CSRS
The Office of Personnel Management has updated it’s online calculator that projects annuity for FERS, CSRS and Thrift Savings Plan benefits to help federal employees more…
OPM Reminds Federal Employees, Retirees to Use Updated Beneficiary Designation Form
The form allows the named beneficiary to receive any lump-sum benefit which may become payable under CSRS or FERS more…
Lawmaker Reintroduces Equal COLA Act for Federal Retirees
If passed, the legislation would guarantee that federal retirees in the Federal Employee Retirement System (FERS) and the Civil Service Retirement System (CSRS) both receive the same annual percentage cost of living adjustment each year more…
NARFE Urges Lawmakers to Repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)
The National Active and Retired Federal Employees Association sent a letter to all returning House members last month to support reintroduced legislation that would repeal the WEP and GPO provisions of Social Security more…
Bill Repealing Social Security’s WEP and GPO Advances in House
The Social Security Fairness Act has secured 299 co-sponsors which now allows it to be considered for a floor vote under the House rules more…
2023 COLA Estimated to be 8.7%
A nonpartisan seniors group predicted last week that the 2023 cost-of-living adjustment for Social Security retirement benefits could be as much as 8.7% — the largest increase in nearly 40 years more…
Lump Sum Employee Benefits Paid to Eligible Beneficiaries of Deceased CSRS and FERS Employees
Ed Zurndorder explains what the lump sum credit is, the rules that apply in paying the lump-sum credit to eligible surviving family members, and the procedures the eligible surviving family must follow to apply for the lump-sum credit more…