Sorry the GubMints posts have been a bit sparse over the last week or so- I’ve just accepted a new job in Industry, and I’m fully engaged trying to ‘Get a sip of water from the Fire Hose’ as I learn the ropes at the new job.
GubMints posts will be focused on my experiences separating from Federal Service for the next month or so, as I wade my way through the following events:
- How to weigh a private sector job offer (total compensation) and compare it with your present Fed job.
- (Subset of above) Knowing where you sit (pecking order) on your Command/Agency “RIF Register”- This affects who will get RIF’ed first if-and-when Federal RIFs commence.
- (Another Subset of above) – Evaluating what your FERS pension will be worth as a FERS Deferred Retiree.
- Notifying your Command/Agency of your resignation and generating your final Personnel Action (SF-50) form. I’ve already learned some interesting lessons here.
- How long each of your federal benefits last, and what generates the start/finish date.
- How to time commencement of benefits with your ‘new’ employer.
- Land Mines to avoid if you are switching out of an HSA-eligible health plan as you switch jobs.
- How Uncle Sugar runs the equivalent of COBRA- It’s referred to as “Temporary Continuing Coverage” (TCC).
This will keep the GubMints blog plenty busy for the next few months, as I found very little information during the separation process from OPM regarding resigning/separating from Federal Employment under you own will.
For those concerned about the long term of the blog, don’t worry- I owe you and my readers a lot. I will still keep my ear to the ground about federal employee benefits and personal finance as it affects Feds, as:
- Federal Topics will continue to affect my livelihood, and
- I intend to keep a significant portion of my Retirement savings in the TSP, and
- Most news about current active federal benefits affects retiree benefits as well.
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… and by the way, congratulations on the new job!
Rob, Doug –
Thanks for the well wishes. It was an offer I could not refuse!
Way to go! Keep up the great work!
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