2:37 am, April 25, 2015

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  • Retirement Experience --OPM Did Good
    ben
    I retired on 3 May, after 40 years and 5 months service -- including nearly three years in the Army (Nam for 2 tours). I served for about 38 years as an auditor for DoD and the Department of the Army. In all, I must say, OPM performed well, Army personnelists share in that success. I submitted my retirement papers to our local G-3 office for review. They spotted a couple of items that required more info and sent my papers to Army G-3 at Ft. Riley. Army G-3 requested one more form, computed my actual service (10 months unused sick leave) and final annuity. They held on to my papers until January concerned they might get lost in the year end rush at OPM. OPM sent confirmation of receipt of my papers about 20 January. Then, my CSA number by mid-February. The Army sent my final pay with unused annual leave two weeks after my last paycheck. Mid-May, I received a partial pay from OPM equal to 67 percent of final annuity. For June, July and August, I received partial pay equal to 74 percent of annuity. A week ago, I received a personalized booklet from OPM with all particulars. At the OPM website, my September annuity is shown as 100 percent of annuity, payable on 1 October. OPM has done well by me. I called once to request status of my retirement processing. The call was answered after about 10 minutes (call early). The reply was courteous and answered my questions fuly.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Must be nice
    sjcarl
    I retired 12/31/11, and my interim pension was 36% of annuity for 7 months. All my service was full-time, in one agency, and I had no breaks in service. I'm at a loss to understand it.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Estimate
    Fran
    In April I requested an estimate of my retirement benefits. In August I called and they reopened my ticket. Last week I called and they reopened my ticket stating I would hear in one to two days. Still nothing. If this is how long it takes to get an estimate, I'd hate to think if I was actually leaving. Maybe my heirs will get the money.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • My retirement went smoothly
    ExHUD
    Had no problem with OPM processing my retirement in 2012..although it did take 6 months. I pretty much received almost l00% of my final annuity during those processing months. But folks need to be prepared for retirement...you should have sufficient funds saved to tie you over..if you don't, maybe you need to rethink retirement.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • I was prepared, but...
    sjcarl
    I took no leave during my last year, thank God. I used money from my lump sum annual leave check to supplement the 36% annuity that I received for the first 6 months. I lived as cheaply as possible, as well, but that's not an enjoyable retirement. I'm sorry, but that's just not right. Federal retirees deserve better than this.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Further Info
    ben
    I put away savings before retiring. The extra pay from unused annual leave -- 322 hours helped, as well. I computed my annuity before submission, which matched OPM and G-3's computation. It helps to be an auditor. Received my back pay for retirement partial pay on 4 September.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }