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Standard Form 50 (SF 50), officially titled Notification of Personnel Action, is a United States government form used to process various personnel actions for government employees. The form is very important for government employees: any errors in the form can affect eligibility for certain benefits (such as when an employee can retire and with ...
A child who receives survivors’ benefits can get up to 75% of the deceased parent’s basic Social Security benefit. The maximum family payment is typically anywhere from 150% to 180% of the ...
Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security ...
The United States Office of Personnel Management (OPM) is an independent agency of the United States government that manages the United States federal civil service.The agency provides federal human resources policy, oversight, and support, and tends to healthcare (), life insurance (), and retirement benefits (CSRS and FERS, but not TSP) for federal government employees, retirees, and their ...
Image source: Getty Images. 1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January ...
The Social Security earnings test withholds benefits from workers under their FRA who claim checks while earning an income over a certain threshold. In 2024, you lose $1 for every $2 you earn over ...
Each year, Social Security benefits are adjusted to account for inflation so beneficiaries' purchasing power doesn't erode over time. In 2025, the annual cost-of-living adjustment will be 2.5%, ...