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Search Tags: retirement
The National Treasury Employees Union supports the general idea of phased retirement but has taken issue with some of the specifics set out by the Office of Personnel Management in its draft regulations. NTEU President Colleen Kelley says the rules, in their current form, require would-be phased retirees to have 20 years of experience, which could limit the number of employee eligible for the program. NTEU is also concerned about the lack of an appeals process for feds deemed ineligible for the option.
The Senate postal reform bill calls on the Office of Personnel Management to change the way it calculates how much the U.S. Postal Service must pay into the Federal Employees Retirement System and the Civil Service Retirement System. The change could result in a $6 billion surplus for the debt-burdened USPS.
Certifed financial planner Joe Sullender answers questions and emails about how to create a financial plan for your family.
July 29, 2013.
Tags: pay and benefits , financial planning , Joe Sullender , mutual funds , commodities , savings , stocks , bonds , financial risk , risk tolerance , investment advice , TSP , Wells Fargo , retirement planning , Bob Leins , NITP , For Your Benefit
Bob Braunstein, a federal benefits specialist, explores the special retirement provisions for LEOs, FF, ATC and foreign assignments.
Lester Austin, public affairs specialist for the Social Security Administration, answers your Social Security questions.
July 15, 2013
Members of the House have doubts about the Labor Department's proposal to set a uniform benefit rate for FECA beneficiaries. A GAO study found that such propositions will decrease benefits to injured workers with dependents. FECA benefits would also align more closely with Federal Employees Retirement System (FERS) benefits once injured workers reach retirement age.
Tags: workforce , pay and benefits , workers compensation , FECA , DoL , GAO , George Miller , Gary Steinberg , Andrew Sherrill , Scott Szymendera , Melissa Dawkins , House Education and the Workforce Committee
You don't have to be popping 50-plus vitamins or checking out the early-bird dinner special to be excited by the government's new phased retirement program, Senior Correspondent Mike Causey says. It has some potential benefits for both beginning feds and people in mid-career too.
Federal benefits expert Bob Braunstein will answer your questions about phased retirment.
July 10, 2013
The idea of easing into retirement working three or four days a week is appealing to a lot of people. Now it is a reality for thousands of government workers, Senior Correspondent Mike Causey says. But does the new phased retirement program make sense for you? And are you even eligible?
Retirement coach Mike Townshend on how to prepare a care contract for your family.
July 8, 2013