Dec 2, 2011

CSRS, FERS, and Military Credit

"...Question: If I transfer to FERS, what happens to credit for my military service?

Answer: Except for a very small category of employees described in paragraph..."

Read more at opm.gov

Nov 7, 2011

COLA Formula Adjustment

"..."super committee" tasked to slow nation's rising debt appears to have reached consensus on dampening future cost-of-living adjustments (COLAs) for federal entitlement programs, including military retirement, through use of a..."

Read more at dailypress.com

Nov 6, 2011

Federal employees will see their incomes rise

"...During this pay freeze for U.S. government workers, at least one group of federal employees will see their incomes rise...federal retirees will receive in January the first inflation adjustment to their annuity benefits since 2009, an increase of 3.6 percent for most

The cost-of-living adjustment, or COLA, will also be paid in Social Security and military retirement benefits, which — like civil service annuities — have been frozen for two years..."

Read more at washingtonpost.com
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