Legislation passed by the House and Senate will ensure veterans benefits will get the same cost-of-living increase as Social Security payouts.
The law governing COLAs is different for CSRS and FERS retirees, with the amount FERS retirees are entitled to generally being 1 percent lower.
New law limits reductions to overseas COLA to no more than once every six months.
n some cases, you must have reached the Minimum Retirement Age (MRA) to receive retirement benefits.
A discontinued service or involuntary retirement provides an immediate annuity for employees who are separated involuntarily.
Most people retire at a particular time for reasons other than maximizing their annuity and avoiding losing excess annual leave.
FERS disability benefits usually begin before the claim for social security benefits is fully processed.
The 2023 federal retiree cost-of-living adjustment is 8.7 percent for those under the Civil Service Retirement System (CSRS) and 7.7 percent for FERS.
“Special category” employees include law enforcement officers, firefighters, and air traffic controllers.
The Afghan Adjustment Act would allow Afghans who came to the U.S. during the Afghanistan evacuation to be re-vetted and apply for a permanent status.
By Chris Purdy
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