8:27 pm, March 29, 2015

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  • Retire Dec 31
    Larry in MD
    What's the problem. Just Google best dates to retire. The word has been around for a long time. If you are in CSRS and want to retire at the end of the year, just do it on December 31.
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  • But
    obscurechemist
    your lump sum will be paid at the previous years rates. If there is significant salary increase scheduled for Jan 1, you will miss the increase unless you retire in January.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • But
    obscurechemist
    your lump sum will be paid at last years rates. You will miss any salary increase scheduled for Jan. 1.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Not quite
    Larry in MD
    My understanding is that the lump sum will get paid at the rate you would have earned it had you stayed around. BUT - this time the whole issue is irrelevant since next years rate is this years rate since there is no pay raise planned. So no matter what the rule if I retire on December 31 I will get paid at next years rate :)
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }