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Search Tags: phased retirement
The new phased retirement plan is becoming part of the landscape at agencies across government. Just about every agency can offer it. But just because your agency offers phased retirement doesn't mean you automatically qualify. Tammy Flanagan is Senior Benefits Director for the National Institute of Transition Planning. On In Depth with Francis Rose, she answered questions from federal employees across the government on how to make phased retirement work best.
FederalNewsRadio.com writer/editor Shefali Kapadia joins host Mike Causey to talk about phased retirement, and Jenny Mattingley, director of Government Affairs at the law firm Shaw, Bransford & Roth will discuss the upcoming federal pay raise and the possibility of a government shutdown.
August 13, 2014
Is the perfect job -- one with less work, a shorter commute and less time in the office -- within reach? Senior Correspondent Mike Causey says phased retirement may hold the key to a perfect job for some feds.
Some of life's toughest, most important choices include marriage, children, divorce and retirement. Not necessarily in that order. Which is why Nov. 6 is the new D-Day for federal workers.
The final rule is out on phased retirement for federal employees. The Office of Personnel Management says people can start submitting their applications for phased retirement on Nov. 6. But not everyone can qualify. Tammy Flanagan is senior benefits director of the National Institute of Transition Planning. She explained the details of the final rule on In Depth with guest host Jared Serbu.
The Office of Personnel Management's final rule on phased retirement is out, and so is additional guidance for agencies. But questions still abound. Federal News Radio answers your most pressing questions on phased retirement, from eligibility to pay, and what took OPM so long.
The rule comes more than two years after President Barack Obama signed the provision into law on July 6, 2012. Under the final rule, eligible employees can work part time while drawing on part of their earned retirement benefits. Phased retirees must also spend at least 20 percent of their time mentoring other employees.
The Office of Personnel Management releases rules on how federal employees can phase in their retirement. They've been two years in the making. But OPM is leaving key decisions up to agencies. Federal News Radio's Executive Editor Jason Miller joined Tom Temin and Emily Kopp on the Federal Drive with details. Read related article.
Benefits expert John Elliott will discuss what you should be doing to prepare for retirement, and OPM Director Katherine Archuleta will talk about the status of phased retirement, the retirement-claims backlog and other civil service issues.
July 9, 2014
Two letters sent from Capitol Hill in call for the Office of Personnel Management to explain why it's taking so long to release final phased retirement regulations, and demand a revised timeline for action. Phased retirement was passed into law two years ago this week.