Browsing: CSRS

If eligible, a retiring CSRS or FERS employee may elect to receive the alternative form of a CSRS or FERS annuity (AFA). A retiring employee who…

A recent  column (“How CSRS and FERS Retirement Annuities Are Taxed”) discusses how CSRS and FERS non-disability retirement annuities are federally taxed. In accordance with the…

Both CSRS/CSRS Offset and FERS employees contribute to their respective retirement systems via payroll deduction. Each pay date, a portion of the employee’s after-tax salary is…

A review of the various factors that go into choosing an ideal date to retire from federal service PENSION: how to have no gap between being…

The government shutdown is delaying the announcement for the 2026 federal retiree cost-of-living adjustment which affects those retired under the Civil Service Retirement System (CSRS) and…

As a result of the passage of the Social Security Fairness Act of 2023 (SSFA) (signed into law on January 5, 2025), it is now possible…

A model of estimating the cost-of-living adjustment (COLA) for retirees points to a 2.2% COLA increase for 2026, down from an estimated 2.5% a month ago.…

Federal employees who leave federal service before they are eligible to retire can apply for a refund of their CSRS or FERS retirement contributions. This column…

Federal Retiree COLA History Year CSRS COLA FERS COLA 2025 2.5 2.0 2024 3.2 2.2 2023 8.7 7.7 2022 5.9 4.9 2021 1.3 1.3 2020 1.6…

The 2025 federal retiree cost-of-living adjustment (COLA) will be 2.5 percent for those under the Civil Service Retirement System (CSRS) and 2.0 percent for those under…