Tag: Civil Service Retirement System

Civil Service Retirement System

EPA Offering Buyouts to Reduce Personnel

The EPA Offering Buyouts to reduce the number of federal employees. It has also kept the hiring freeze in place.

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Will Congress Approve Federal Employee Retirement Benefit Increases?

Congressman John Garamendi has introduced a bill that wants to change the way the process of calculating retirement benefits increases is done now.

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Federal Employees May Get a Social Security Boost

Federal employees may soon get a social security boost thanks to the steps taken by NARFE and Rep. Kevin Brady who are pushing to change the WEP law.

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Senate Passes Bill to Reduce FERS and CSRS Benefits Fraud and Misuse

The U.S. Senate, in a rare act of bipartisan support for a bill through Unanimous Consent, has passed the Representative Payee Fraud Prevention Act of 2015.

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Programming Error Forces DFAS to Issue CSRS Offset Program Refunds

Some of the federal employees who are in the Defense Finance and Accounting Service’s CSRS Offset program may be in for a pleasant surprise.

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Records To Check Before Retirement

It is best to make certain all of your records are in place when anticipating retirement

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Social Security: More Information

Educating yourself on the different Social Security claiming strategies is a must.

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Windfall Elimination Provision (WEP)

The Windfall Elimination Provision applies to federal workers if they reached age 62 after 1985 or became disabled after 1985.

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Social Security – Background

~~SOCIAL SECURITY-BACKGROUND As we continue building our laundry list of things we need to know and do in order to prepare to retire well, Social Security is a major item on our list.  The Social…

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FEGLI – Option A Standard

The Federal Government offers 3 other insurance options and we’ll discuss each in separate posts. Let’s begin with Option A- Standard Insurance.

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About FEHB (Transporting your FEHB)

As federal employees you get to take your health insurance into retirement if you have met the requirement of being enrolled in FEHB five years or from the earliest opportunity to enroll prior to retirement.

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Retire Well – Retirement Application

The question of when the application should be completed is relevant in evaluating your check list of things to do in order to take full advantage of your Federal and Postal Benefits.

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Retire Well – FEHB

Because you are a federal employee does not automatically qualify you to transport your FEHB benefits into retirement.

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Tips to Getting Your House in Order to Retire Well – Sick Leave

Capitalizing on every resource available should be a constant theme for those anticipating leaving the workforce to start a new beginning – retiring well and the value of your accumulated sick leave is no different.

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Tips to Getting Your House in Order to Retire Well – Annual Leave

Although many people will not consider the Annual leave a prime subject when discussing retirement, your Annual leave needs to be considered both for you peace of mind and the ability to recharge your batteries away from work, but also for the potential retirement benefits for leave that is not used.

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Tips to Getting Your House in Order to Retire Well – Interim Payments

Interim payments represent approximately 75 to 80 percent of what you will receive in your full annuity check. Don’t despair, all deficits will be recovered when you begin to receive your full annuity check.

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Emotional and Psychological Readiness

Whether you’re eligible for CSRS or eligible for FERS often concrete items that we can touch, sort of put our hands on prioritize the list of things we need to know and do in order to retire well.

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Let the Thrift Savings Plan (TSP) Help You Retire Well

Are you using the TSP to the maximum potential and allowing it to help you retire well?

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