“Federal employees who retire from federal service will receive a guaranteed pension in the form of a monthly annuity that is calculated using a “high three” average salary. Federal employees who meet the requirements to retire from federal service will ... Read More

The White House signed an executive order in December, making the 2024 pay raise 5.2%. Government shutdown is looming if Congress doesn’t act this month. If shutdown does hit and cause furloughs – would 2024 pay raise be retroactively changed? ... Read More

The first podcast of the new year! Dan and Katelyn discuss their resolutions. Then, Dan goes into depth about the importance of a TSP beneficiary designation. Katelyn discusses what feds can expect during the first year after retiring from the ... Read More

Executive order finalizes long expected 5.2% pay raise for federal employees Congress approved 5.2% for military personnel and the DoD earlier this month 5.2% is an average pay raise when factoring in locality pay President Joe Biden made the 5.2% ... Read More

Taking a glance at the first year of your federal retirement. What happens in the first four weeks after you’ve officially retired? Six month to nine months after retiring, we explain what to be aware of. At the end of ... Read More

OPM Inspector General Highlights Need for Retirement Services Improvement The paper-based process that OPM has used since the 1970s at Iron Mountain has been criticized since the early 2000s for being dated. But the fact that retiring from the federal ... Read More

OPM IG released report saying retirement services division still needs to improve Cases with no errors take significant less time to process Backlog of pending retirement packets reaches lowest point since 2017 The paper-based process that OPM has used since ... Read More

Federal News Roundup: first woman to lead US Navy approved by Senate Congress prevents shutdown, pretty much solidifying 5.2% federal pay raise USPS News: Reported net loss of $6.5 billion This week’s look at news from around the federal government ... Read More

The windfall elimination provision (WEP) and the Government Pension Offset (GPO) There are around a million social security beneficiaries that are impacted by the Windfall Elimination Provision (WEP). This calculated restriction on benefit amounts affects retirees who receive a pension ... Read More

Inflation cooling off? Katelyn takes a look at next year’s COLA for FERS, CSRS, and Social Security. Also – the best dates in 2024 to retire from federal service. The Fed15 Podcast (Ep. 21): 2024 COLA and Best Dates to ... Read More