Category: Federal Retirement

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Is This the Retirement Tsunami They’ve Forecasted?

Pinnacle Personnel Services LLC  |  Debbie Hatch It’s been forecasted for a number of years.  Is this it?  Is the federal retirement tsunami upon us?  Certainly, numbers have been up. Through the first nine months of this year, the Office of Personnel Management (OPM) has received 85,308 retirement claims, almost 9,500 a month.  Last year, at

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What Constitutes “Income” for the Earnings Test?

Pinacle Personnel Services LLC  |  Debbie Hatch   If you retire from the federal government, prior to age 62 and under the Federal Employees Retirement System (FERS), you are eligible to receive the FERS Annuity Supplement. If you are 62 or older, and have amassed at least 40 credits, you are eligible to receive Social Security

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Apportionment of the FERS Special Annuity Supplement

Pinnacle Personnel Services, LLC  |  Debbie Hatch I want to talk for a moment about divorce.  Specifically, if you’re a federal retiree. In 2016, without any type of public notice, the Office of Personnel Management (OPM) decided that a divorce decree apportioning a FERS retiree’s benefits to a former spouse should also automatically apply to

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TSP Concerns & More Changes

Pinnacle Personnel Services LLC  |  Debbie Hatch With so much being reported over the past couple of days, and wide-spread hysteria about TSP, I’d like to clarify a few things. First, THE CONCERNS. While I won’t name specific names, several “professional” reporting agencies and “experts” have shared this picture on their various sites.  It is

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Estimating the FERS Supplement

Pinnacle Personnel Services LLC  |  Debbie Hatch  Question from the Classroom: Clarification of the FERS Annuity Supplement. “I’m getting conflicting results for my FERS Supplement between what you taught us in class, and what my agency is estimating it to be. Using the worksheet you provided, it’s $871.20. My agency is showing it as $1,615

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