Can I Be Totally Cut Out of My Spouse’s Annuity?
a former spouse is no longer eligible to receive the survivor annuity because she passes away or before age 55 remarries, then you would be eligible to received the entire survivor annuity.
The Senate Salutes Federal Employees
Federal employees may receive a 3.3 percent pay raise in 2015. The proposed pay raise is welcomed news for Federal employees.
What Is A TransFERS
There was a FERS open season held back in 1987-88 and 1998, allowing employees with at least five years of Civil Service Retirement System (CSRS) service to voluntarily transfer to FERS during one of the two open seasons.
Social Security for FERS Employees by Todd Carmack
To be eligible for Social Security, you must first have worked a specific number of quarters. You will need 40 quarters to be fully insured for life. In other words, if you have worked for 10 years in jobs covered by Social Security, you can assume you are fully insured. by Todd Carmack
Let’s Talk Federal Employee Life Insurance (FEGLI)
“Now I am a full grown woman and this is the first time in my life that life insurance has really been explained to me.”
Can You Participate In The TSP After Retirement?
Your Thrift Savings Plan (TSP) is funded via payroll deductions. Therefore, once you are no longer an employee your participation in the TSP stops as far as being able to make contributions. However, you don’t have to take your money out of the TSP, you just cannot put money into it.
Is The Basic Death Benefit Taxable?
The basic employee death benefit (BEDB) is a benefit that continues to be misunderstood by many employees. One question that came into our inbox recently – Is the basic employee death benefit taxable? Yes it is.
The Military Wants to Buy You Out
Some qualified service personnel have been offered voluntary retirement incentive programs. (VERA)
Impacts of Voluntary Early Retirement (VERA)
VERA offerings might help agencies create efficiency and balance the budget, but those same results might not be achieved for the federal retiree.
NEWSLETTER WEEKLY-GOVERNMENT NOT FOR ME
It appears that the younger generation is not drawn to the Federal Government like their parents. Generations before saw the Federal Government as a secure place to work with longevity, not to mention a fairly decent salary. Government offered holidays off and a regular 9 to 5. If overtime were required, it was welcomed. Overtime […]
