Federal employees make a LOT of mistakes when it comes to retirement. Actually, let me rephrase that, Federal Employees Everybody makes a LOT of mistakes when it comes to retirement. Itâs true, mistakes being made regarding retirement is not exclusive to federal employees. There are constantly new, news stories being published that make this point…
Roseanne is a retired USPS employee with an extensive background in USPS retirement, disability retirement, OWCP, EEO, Labor Relations and HR. She conducts individual and group counseling and is able to comprehensively discuss the pros and cons of employees who are on OWCP, disability retirement and regular retirement. Roseanne will be happy to answer your…
[maxgallery id=”43311″]December 27, 2015 The Postal Service’s healthcare prefunding requirement would be restructured and Saturday mail delivery eliminated under President Obama’s fiscal 2015 budget plan. The proposal (see page 101) recommends deferring the healthcare fixed payments due in 2014 and half of the payments in 2015 and 2016. That would provide USPS with $9 billion…
Have you started a Postal Service career job within the last few years? If so, the date you began your career appointment determines which Federal Employee Retirement System (FERS) category covers you. If you were hired after Jan. 1, 2013, and have no previous federal service â or if you had less than five years…
For CSRS Retirees: The 2016 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index in 2015 over the 2014 third quarter average. After the second quarter of 2015, the third quarter for the 2016 COLA adjustment period, the quarterly average is 0.6% below the third quarter of 2014; but…
By John Grobe – July 13, 2015 What happens to your benefits if you die while still working? This is a question we do not want to ponder, as we all plan on living long after we retire. When it comes to Ben Franklinâs quote, âPlan like youâll live forever; pray like youâll die tomorrow,â…
By Andy Medici – May 1, 2015 Civilian agencies would see their budgets slashed while the Defense Department would get billions of dollars in additional funding, under a budget proposal passed by the House April 30. The House voted 226 to 197 to pass the budget, with all Democrats and 12 Republicans voting in opposition….
CSRS CIVILIAN SERVICE DEPOSITS AND REDEPOSITS Did you perform Federal civilian service for which retirement deductions were not paid? Did you perform Federal civilian service and receive a lump sum refund of your retirement contributions? Did you have civilian service under another Federal Retirement System? If you answered âYesâ to any of these questions, this…
