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2/15/2009 News For:

Fers Annunity

Bill Aims to Fix Discrepancy in Retirees' Sick Leave Credit A long-standing gripe among civil servants who joined the government in 1987 or after is they cannot count unused sick leave days toward time worked when determining their retirement annuity.

Sick leave bill introduced Reps. James Moran, D-Va., and Frank Wolf, R-Va., just reintroduced a bill that would allow employees under the Federal Employees Retirement System to count unused sick leave as time toward their annuities. The sponsors of the?FERS Sick Leave Equity Act,?which?has not yet been assigned a number, say it will save the government $68 million per year [...]

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AXA Equitable Launches Beneficiary Resource Site Online resources support beneficiaries and financial professionals following a life insurance or annuity claim.