Entries by Karen Dzierzynski

OPM’s ‘Retirement Quick Guide’ Aims To Tackle Immediate Challenges For Retiring Feds

The Office of Personnel Management took a step to address more immediate concerns from retiring federal employees, ahead of the agency’s long-term efforts to modernize retirement services. A new “retirement quick guide,” which OPM published Monday, aims to help federal employees and recent retirees better understand and navigate the current federal retirement process. “This is […]

USPS Reports 2nd Quarter Fiscal Year 2023 Results – Net Loss For the Quarter Totaled $2.5 Billion

Continued progress on the Delivering for America plan Mail volume declines, operational inflation and elevated retirement expenses continue to negatively impact financial results Service continues to improve with 98 percent of the nation’s population receiving their mail and packages in three days or less WASHINGTON – The U.S. Postal Service today announced its financial results for the second […]

Retiring Mid-Year? Consider Front-Loading Your TSP

Do your plans include retirement this year? If so – good for you! Many people choose to retire at the end of the year. December 31, 2023 will be a popular day for FERS employees to retire. Of course, once you are eligible to retire, you can pick any day you choose. I retired on […]

The (Not So Pretty) FERS Origins Story

The law creating FERS also included a provision allowing employees under CSRS to switch to it voluntarily. Image: Orhan Cam/Shutterstock.com It’s May 1986. The Cosby Show and Family Ties are the top-rated TV shows. Top Gun starring Tom Cruise and Cobra starring Sylvester Stallone are boffo box office. Addicted to Love by Robert Palmer and […]