The House last week approved a budget reconciliation package that includes a measure to require federal employees to contribute an additional 5 percent of salary to retirement.
Prices as of May 8, 2012.
The Defense Finance and Accounting Service plans to conduct an online “town hall” meeting to give military retirees and those preparing to retire the chance to chat live with military retirement experts.
Question: “If I retire under FERS with 15-years of service, will I be able to apply my unused sick leave as creditable service toward my retirement annuity, or do I need to have 20 years of service to receive credit for my unused sick leave?”
The Social Security Administration announced that workers now can get access to their Social Security statements online.
A bill that would require federal employees to contribute an added 5 percent of salary to their pensions advanced late last month in the House of Representatives.
Share prices as of May 1, 2012.
A new report last week revealed some negative news about Social Security — one of the three “legs” supporting the Federal Employees Retirement System.
A key House committee approved a bill that would permit retirement-eligible federal employees to phase into retirement.
Question: “In 2011, I converted my 401 (k) over to a Roth IRA. I will be starting my job on May 7 and am interested in finding out if I will be able to roll over my Roth IRA into a new 401 (k) with the federal government. Will this be possible?”