2023 COLA for Social Security, FERS, and CSRS Keeps Climbing
Updated inflation numbers suggest largest COLA since 1981 saw 11.2% – and 2023’s Cost-of-Living Adjustment (COLA) could get even higher.
This category contains articles written about Federal Employee Retirement Benefits: FEHB, FEGLI, TSP, FLTCIP, Leave, Pay Raises, FERS/CSRS, and more-
Updated inflation numbers suggest largest COLA since 1981 saw 11.2% – and 2023’s Cost-of-Living Adjustment (COLA) could get even higher.
What you should consider before transferring TSP money to the G-Fund.
If you’re a federal employee who’s looking to retire in one to three years, here’s what you should know about your benefits
The hefty backlog of retirement claims to be processed by OPM reached its lowest point of 2022 at the end of June, but remains above last year’s levels.
White House’s recommendation of 4.6% federal pay raise for 2023 gets past House committee.
TSP Update for Month Ending June 2022: The Thrift Savings Plan’s rough year continues. The S-Fund has fallen almost 30% since 12 months ago.
Current estimates have the 2023 COLA between 7.3% and 10.8% - indicating it could be the largest COLA for Social Security, FERS, and CSRS since the early 1980s.
The TSP’s recent transition to a new recordkeeper and the availability of the TSP window did not happen without many snags – but a more secure, modern system is now…
If you need medical care overseas and have an FEHB plan – here’s an overview of what to consider.
Jennifer Meyer continues her Fed-Life-Cycle series, reviewing what Feds need to prepare for pre-retirement.