Article Excerpt: "...No one ever said that understanding the federal retirement systems was easy. If you’re approaching retirement, attend a pre-retirement seminar. If your agency is not offering such seminars, ask them to...."
Article Excerpt: "...Monthly Medicare premiums for most beneficiaries will rise next year by $3.50, to $99.90, a much smaller increase than had been expected, the Obama administration said Thursday. ..."
Article Excerpt: "...The Issa bill is a bureaucratic, top-down approach that will reduce services to taxpayers, begin the destruction of the Postal Service, and more broadly do serious damage to the $1.3 trillion mailing industry that is built around the USPS—thereby threatening the industry's 8 million private-sector jobs...."
Article Excerpt: "...After her father disappeared, a Cottage Grove woman collected his Social Security and federal retirement benefits for a quarter of a century..."
Article Excerpt: "...regular premiums for Medicare -- and things that Medicare does not pay for -- as well as co-payments for medicine and doctors' visits can be enough to undermine an otherwise sturdy retirement plan...."
Article Excerpt: "...demonstrations rage on Wall Street and in cities across the nation protesting a widening income gulf between average wage earners and the nation’s wealthiest..."
FERS Basic Benefit Plan eligibility is determined by age and number of years of creditable service. In some cases, you must have reached the Minimum Retirement Age (MRA) to receive retirement benefits. The chart below indicates MRA:
Article Excerpt: "...The investment limit in the Thrift Savings Plan, the retirement savings program for federal employees, will increase in 2012 for the first time since 2009, the IRS announced Thursday. ..."
Article Excerpt: "...those who retired under the Federal Employees Retirement System and who are eligible for COLAs will receive 1 percentage point less. The FERS system generally doesn’t pay inflation adjustments until age 62..."