As the fallout from the Deferred Resignation Program and the uncertainty surrounding the federal workforce continue to play out, OPM received 23,393 federal retirement claims in...
The FERS Retiree Annuity Supplement is a powerful benefit that bridges the gap until you’re eligible to file for Social Security. This guaranteed income in the...
The average processing time for federal retirement applications has risen to 76 days, a 6-day increase from August’s 70-day average. This comes as OPM faces a...
The Voluntary Early Retirement Authority (VERA) is a special option the federal government can offer during periods of restructuring, downsizing, or reorganization. When approved by the...
OPM continues to deal with a backlog of federal retirement applications, as July saw 8,295 employees file for retirement. While this number is down from the...
An increasing number of federal workers are entering retirement with seven-figure Thrift Savings Plan (TSP) balances — a milestone that was once exceptionally rare. Newly released...
Like any good trip, your journey to retirement requires a lot of careful planning and thorough research to ensure you successfully reach your destination. As you...
Retiring under the Federal Employees Retirement System (FERS) offers a robust framework for financial security, combining a basic annuity, Social Security, and the Thrift Savings Plan...
The federal workforce continues to experience mass upheaval as the current administration carries out its plan to reduce costs and increase efficiency. As lawsuits challenging mass...
Proposed federal benefit reforms, including the removal of the retiree annuity supplement and a shift to a “high-5” annuity formula, may prompt numerous federal workers to...