Showing posts with label calculating federal pension. Show all posts
Showing posts with label calculating federal pension. Show all posts

Friday, December 3, 2010

Feds' pensions, health plans safe from cuts, for now

Title: Feds' pensions, health plans safe from cuts, for now
Article Snip: "...cuts to federal employee salaries and benefits were among the recommendations that the National Commission on Fiscal Responsibility and Reform did not approve today. The commission needed 14 votes to pass the strategy to reduce the federal deficit, but received only 11. ..."
Reference: www.federalnewsradio.com
federal employee salaries

Saturday, September 5, 2009

Windfall Elimination Provision

Title: Windfall Elimination Provision
Article Snip: "...The Windfall Elimination Provision affects how the amount of your retirement or disability benefit is calculated if you receive a pension from work where Social Security taxes were not taken out of your pay. A modified formula is used to calculate your benefit amount, resulting in a lower Social Security ­benefit than you otherwise would receive...."
Reference: www.ssa.gov