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2012 COLA Update

Federal retirees in the CSRS retirement system will receive a COLA increase of 3.6 percent in their annuities in 2012, while FERS retirees will receive a 2.6 percent increase. Complete COLA information is available on this site.

Retiree JOB Opportunities

Many job opportunities are available for federal retirees − and those planning to retire soon − to earn additional income in retirement. Our Jobs Board has updated listings targeted to federal retirees. Many companies seek out retired federal employees due to their government experience and contacts. You can also explore high paying opportunities for those that hold current Security Clearances.  

   

 

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Introduction

This site was developed by a retired federal manager with over 35 years federal service to help federal employees find the information they need to make informed decisions about retirement and benefits. It also provides retirees with abundant resources targeted to their specific needs. This site is constantly improving and adding new features and writers to assist federal employees and retirees with whatever they need to make informed decisions concerning their retirement. 

Most federal employees attend agency sponsored retirement seminars prior to retiring. Dennis Damp, the site founder and owner, attended two retirement seminars and came back from the briefings with more questions than answers. He was confused about many things – mostly things that were not covered at the seminar. Dennis was interested in knowing just what he would have to live on in retirement – from all income sources, what his wife would have to live on when he die and most importantly, he was uncertain whether or not he was financially able to retire and he knew little about estate planning or probate avoidance techniques at the time.

Little help was available from the agency he worked for and Dennis had to research much of what he needed to know and then used the information he obtained from OPM and other sources to build this site. This site will help you determine:

  • What you will have to live on in retirement
  • What your spouse will have to live on after you die
  • Benefit options
  • Insurance options
  • Financial considerations including estate planning processes
  • What survivors need to do plus easy-to-follow checklists to help them through difficult times
  • What other resources are available

Federalretirement.net will get you seriously thinking about your personal situation. This site was launched in early 2004, several months before Dennis retired with 35 years and 7 months government service. Damp understands the federal retirement and employment systems from the inside out and he is the author The Book of U.S. Government Jobs, Take Charge of Your Federal Career, and several other career and business books.

Damp founded Bookhaven Press LLC in 1985 to publish informative career, business, and finance books while still employed with Uncle Sam. Bookhaven Press developed the following list of companion web sites for many of their titles and these sites receive hundreds of thousands of visitors monthly.

Bookhaven Press LLC
Government Jobs Career Center
FREE Job Search Service - Federal. State, and Private Sector Jobs
Post Office Jobs Career Center

Federal Employee Career Development Center
Federal Employees Retirement Planning Site
Environmental Health & Safety Career Center

www.stolenplates.com
- What to do when this happens to you

Site Host & Owner

Dennis Damp Dennis V. Damp is an author, retired federal manager, business owner, career counselor and veteran. Damp’s The Book of U.S. Government Jobs, was a three-time finalist for “Best Career” title by the Benjamin Franklin Awards Committee and a finalist for “Best Career & Reference” title in 2008 by Foreword Magazine.

Damp is the author of 25 books and a recognized employment expert. He retired in 2005 at age 55 with 35 years of government service. Dennis has been a guest on hundreds of radio talk shows, CNN Cable TV's Lou Dobbs and Your Money shows, lectured at universities and colleges, produced Internet web sites and training videos, and has written hundreds of articles for national magazines, newspapers and Websites. He is a contributing writer for Monster.com and his books have been featured in the Wall Street Journal, Washington Post, New York Times and U.S. News & World Report.

Dennis joined the Air Force in 1968 and spent over three years and four months on active duty and an additional seven years with the Air National Guard. He was hired by the Department of Defense (DOD) after leaving active duty and transferred to the Federal Aviation Administration (FAA) in 1975. He spent the remainder of his career in various positions with the FAA were he worked as an electronics technician, training instructor, project engineer, computer-based instruction administrator, training program manager, program support manager, and environmental health and safety program manager. Dennis held numerous supervisory and management positions and was responsible for recruiting, rating and interviewing applicants, outreach and hiring. His last government position was technical operations manager at the Pittsburgh International Airport's air traffic control tower.

Damp’s books and web sites are based on his many years in management where he was responsible for recruitment, outreach, retention and career development. His 11th edition of The Book of U.S. Government Jobs presents an insider's view of what it takes to go from job hunter to hired employee, and everything in between, to improve a job hunter’s chances of landing a high-paying government job. Dennis expanded this site based on the research he had to do to prepare for his personal federal government retirement.

Books by Dennis Damp:

The Book of U.S. Government Jobs - 11th edition
Health Care Job Explosion - 4th edition
Post Office Jobs - 5th edition
Dollars & Sense: Safe Investment Strategies for Small Investors
Take Charge of Your Federal Career - 2nd edition

Site Testimonials

"I spent 3 hours on the web looking for answers for questions concerning retirement. After a Google search yielded your address, it took only 20 minutes to find all of my answers! Thank you!!!"  Rod H, 9/11/2010
  • 1/22/2012 - Linda, Thank you for your reply. Your answers helped clear up many questions! John
  • 12/16/2011 - Thank you for your insight throughout this process which has been very stressful. Have a great holiday. Linda L
  • 10/11/2011 - Dennis. I’ve enjoyed your articles and have found many valuable ideas in them. Tammy Flanagan, Edward A Zurnforfer and you are my 3 ‘go to’ experts that I seek out when I have any questions. Thank you again for your insights. Nick R.
  • 9/4/2011 - Thank you Linda!! This answers that question for me. OPM told me to call DFAS who turned around and asked me to call OPM. My Civilian Personnel Office had not a clue and our base finance told me to contact the National Records Center (NRC). According to the Finance Office, the NRC would tell me how to get my deposit back. I found http://federalretirement.net purely by accident. Glad I did. Thank you again!! F.C.
  • 8/01/2011 - Thank you for your reply.  This does clear things up for me much to my relief. Gary L.
  • 7/26/2011 - Last year you helped me get my Military Buy Back going and I appreciate it. The differences between military active duty retirement and active duty accomplished as a reservist was very confusing to people. It took six months of back and forth to finally get it accomplished. Thank you. You are definitely the expert! David
  • 4/18/2011 - You are 100% correct in your guidance. I am extremely appreciative of your support and cooperation in this matter. Thank you for your professionalism and leadership in showing me the way forward.  I have gained a vast amount of knowledge from you in our communications.  Take care, and again, thank you very much for the solid advice and guidance. Leonard.
  • 01/05/2011 - Thanks for all the concise info.  It would have taken me days to find it. Judy
  • 11/10/2010 - Many thanks. A much better answer than given by our own benefit counselor!  Michael A
  • 09/11/2010 - I spent 3 hours on the web looking for answers to questions concerning retirement. After a Google search yielded your address, it took only 20 minutes to find all of my answers! Thank you!!!"  Rod H
  • 09/20/2010 - Thank you very much for your guidance. Threading my way through the legal system and trying to get a straight answer from OPM has been very frustrating, and I appreciate the information you provided. It's good to have an disinterested third party who's willing to share their expertise. Thanks again, Darrell
  • 09/18/2010 - Wow.  Awesome email--thank you SO much for taking the time to respond.  You helped a lot. Ed
  • 07/03/2010 - Thanks Dennis, and thank you again for all that you do for your fellow retirees. I appreciate you giving your time. Ron
  • 03/02/2010 - Thanks for the info. You have given me more info that I can use in two days than I have received in the last 6 months. Thanks again Glen
  • 02/04/2010 - This is very helpful.  It’s hard enough getting through to anyone at human resources to answer questions, let alone getting to someone who can actually answer your questions.  Your answers are clear, concise, and to the point.  Thanks so much. Best, Lisa
  • 11/04/2009 - Thanks you so much for your informative response. You are the first person who could explain this to me in a logical fashion. And yes I will enjoy retirement (after 38 plus years of service). Kevin
  • 01/14/2008 - Your detailed answers really helped me and gave me confidence that I am choosing the right date for me as a CSRS offset employee. You offer so much good, practical advice. Margaret