I am a Federal Employee Retirement System worker who converted from the Civil Service Retirement System. Under FERS, the only sick leave that I can convert for retirement is 100 hours that I built up ...
It is important to understand a little of the background of CSRS and FERS to realize how the Windfall Elimination Provision and the Government Pension Offset cause substantial, and often, unfair ...
Social Security: New Proposal for Higher COLA Bump for Certain Federal Retirees – Would You Qualify?
A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in some ...
Federal employee benefits are controlled by the Federal government through laws adopted by Congress and promulgated in the Code of Federal Regulations. Anyone who serves Federal Employees in ...
A recent Federal Diary on a House bill that would make deferred retirement payments a better deal for federal employees caught the attention of several readers who raised questions and wished to make ...
A federal employee with 30 years of service and a $90,000 high-3 average salary receives only $27,000 annually under FERS—30% of pre-retirement income—because the formula pays just 1% per year of ...
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