5 Things You Must Do If You Are Eligible for Federal Retirement
If you are a Federal employee who is counting the days to his or her retirement then you must remember to do certain things. These things will help you to get your money soon after retirement and would save you from any unforeseen financial trouble.
How to make Federal Retirement Easy on You?
- Check your service records: If you are among those people who are about to retire in a few years, you may want to start checking your federal service records and make sure there are no loopholes. If you have any time lag then you may want to prepare an explanation of the same to speed up the process of your application.
- Connect with HR: You may also want to connect with the HR department (ORM) to see that they have all the data required to process your federal retirement Also, check that your crucial details like address are not misspelled or obsolete. Remember, a little mistake can cause a lot of time delay.
- Save Some Money: It would also be smart for you to start saving some money for the days when your retirement benefits application is being processed by the concerned departments. As you will not have a regular income, you may want to pay up your bills in advance. It will save you from embarrassments like having to borrow a few bucks from your friends or relatives.
- Track Your Application: The progress of your application can be tracked online in all cases. These online checks will let you know how soon you will get your money and you will not have to visit the respective office every now and then. If you really need the money you can also request the concerned department to process your application a bit faster.
- Be Prepared for Different Outcomes: The outcome of the entire process can be different in unusual cases. For instance: If a retired employee has had a divorce and is bound by law to take care of the spouse financially, the employee would get only half of the amount unless the matter is studied by the respective authorities. So you must be prepared for these obstacles in advance and discuss your case with an expert to avoid feeling disappointed in the end.
It is assured that these steps if taken at the right time will make your federal retirement process much smoother.
