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Retirement Planning


Whether you are close to federal employee retirement or just starting out in your career, this is the place to share ideas with your federal colleagues on creating a secure financial foundation.


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BlueWave  
#1 Posted : Sunday, April 19, 2020 4:06:51 PM(UTC)
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How far in advance should you submit a FERS retirement package in GRB (previously EBIS)? Currently, I plan to retire in 1 year.
FS0201  
#2 Posted : Sunday, April 19, 2020 6:12:45 PM(UTC)
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Originally Posted by: BlueWave Go to Quoted Post
How far in advance should you submit a FERS retirement package in GRB (previously EBIS)? Currently, I plan to retire in 1 year.


Two months
The excuse of, "I read it on FederalSoup..." won't work. Please do your due diligence.
postalvet  
#3 Posted : Monday, April 20, 2020 5:33:55 AM(UTC)
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in the mean time get copies of your personnel file and make sure your dates are correct.

racist here call me postal patty or karen

Postal retired 38yrs


Black Lives Matter

#dumptrump2020

wear a mask
GWPDA  
#4 Posted : Monday, April 20, 2020 9:10:42 AM(UTC)
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I put mine in six months (about) ahead, but that was mostly because I really liked the 'numerology' of the submission date. Two or three months is fine. There are a couple of little tricky things in the packet you may not notice in your first pass at it - one was sort of buried in the fine print - so not waiting til the last minute is to your advantage. Take your time with it and expect to correct it a bit before finalising it.
Citrine  
#5 Posted : Monday, April 20, 2020 7:47:25 PM(UTC)
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Originally Posted by: GWPDA Go to Quoted Post
- one was sort of buried in the fine print -



what was it?

GWPDA  
#6 Posted : Tuesday, April 21, 2020 7:58:22 AM(UTC)
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I -think- it was a separate form that needed to be submitted. Maybe not. In any case, pay attention to the checklist at the end - it's not static. If you do miss something that particular check mark won't be triggered and you can search around for whatever you missed. The thing isn't intended for you to fail, it's just got a whole bunch of moving parts to it. Oh yes - deciding your final date is entirely your choice, but if the receiving group think it's somehow 'non-standard' you'll be contacted. They really want you to be sure, on the merits.
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