At some point, most federal employees end up asking these two important questions: when can I retire, and how much money will I need? They sound...
For federal employees preparing to leave government service, few numbers carry more weight than the FERS Minimum Retirement Age. It sets the earliest point at which...
If you’re a FERS employee, your retirement annuity is primarily driven by two things: your years of creditable service and your High-3 average salary. Of those,...
Most federal employees know they have a pension. Fewer understand that there are multiple distinct pathways to retirement under FERS, each with different eligibility requirements, different...
Federal Retirement planning can feel like navigating a maze. Your Thrift Savings Plan (TSP), annuity, Social Security, and other benefits all contribute to your retirement income,...
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...