Posted on Thursday, 22nd May 2025 by Dennis Damp
At 5:02 p.m. on April 29th, a storm raged through our community, with winds of 70 to 80 miles per hour, straight-line winds, and rain with hail. This unusual weather event in Pittsburgh lasted 5 to 10 minutes, yet the damage was extensive and spread across several counties. Over 500,000 homes were without electricity. We […]
Tags: Backup Generators, Inverter Generators, Power Outages
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Posted on Friday, 16th May 2025 by Dennis Damp
If you haven’t already, it’s time to order this year’s annuity booklet at OPM Services Online. The 2025 booklets are available for download, and a copy will also be sent via regular mail if requested. I order a new copy each year; it is 28 pages long and outlines all of your benefits, annuity information, […]
Tags: Benefits Booklet, Retiree's Benefots, Retirement Benefits Summary
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Posted on Friday, 9th May 2025 by Dennis Damp
Our updated Excel annuity calculator spreadsheet projects your annuity and maximum survivor benefit growth through 2065 using an estimated average annual Cost of Living Adjustment (COLA). Frank Cullen, an old friend who retired from federal service many years ago, developed this calculator. In the following sample chart, the retiree’s annuity increased 75% over the next […]
Tags: Anjnuity Estimates, COLAs, CSRS, Daily Brief, FERS, Projected Federal Annuity Growth
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Posted on Friday, 25th April 2025 by Dennis Damp
The hiring freeze has been extended to July 1, 2025, and applies to all executive departments and agencies regardless of their operational and funding sources. This freeze prohibits filling vacant federal civilian positions or creating new ones, with exceptions for immigration enforcement, national security, and public safety. When the hiring freeze ends, agencies can hire […]
Tags: Daily Brief, Hiring Freeze, Illegal Immigrants, Schedule F Employees, Social Security
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Posted on Thursday, 17th April 2025 by Dennis Damp
Federal employees and annuitants wait in the wings with each new Congress for the next shoe to drop. Federal employees fear their benefits are going to be cut! Most of the time, these rumors are unfounded and go by the wayside. It may be different this time around. With the House and Senate passing the […]
Tags: ARRPs, CSRS, EEarly Outs, Federal Employee Benefits, FEHB Changes, FERS Retirement, PSHB, RIFs
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Posted on Friday, 11th April 2025 by Dennis Damp
In April, more agencies offered deferred resignations and early outs through the Voluntary Early Retirement Authority (VERA). The dates for these offers vary per agency, and the time frame for this option is as short as 7 days. The following list of departments and agencies have sent offers via email to their employees; more are […]
Tags: Daily Brief, Deferred Resignations, Fork in the Road, RIF, VERA
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Posted on Friday, 4th April 2025 by Dennis Damp
Please forward this to others that may find this informative. Sign up to receive our free e-mail newsletter. I wrote a version of this article in April 2022, and with the market sell-off, it’s a good time to revisit this subject. It’s impossible to time the market. One of the financial advisers I talked with […]
Tags: Conservative Portfolio, Market Correction, Market Downturn, Recession, S&P 500, Sensible Investing
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Posted on Monday, 31st March 2025 by Dennis Damp
President Trump signed an Executive Order (EO) on March 27, 2025, that ended collective bargaining for agencies that perform intelligence, counterintelligence, investigative, or national security functions. This impacts many Departments and agencies, including the VA, Department of Defense, and even the Department of Agriculture, to name a few. This is a significant change, and agency […]
Tags: ARRPs, CBAs, CBAs Canceled, Collective Bargaining Agreements, Daily Brief, NEWS, RIFs
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