Retired Pay World

Credit Where Credit Is Due

Last post I was pretty disappointed in the Department of Veterans Affairs and the Department of Defense for taking so long to “study” how they would pay veterans the money already due them.
Well I’m not totally an pessimist and as a government annuitant I certainly am grateful for the benefits I do receive. So [...]

Making Sure Benefits Are Known

… The ad by Government Benefits Analysts Inc. headlined with a large attention banner, explains that many veterans or widows of veterans are eligible for benefits of “up to $20,924 a year tax-free!” The ad then asks veterans to call a local phone number, where a recording asks the caller to leave a message.
The ad [...]

Catch 62 and Valuation and Division of Assets

I’ve written about “Catch 62″ several time here already, but judging by the search engine traffic it seems to still be a very popular subject.  (See here and here for some previous information)
Based on some recent conversations with military/civil service retirees the subject still seems to be widely misunderstood, so perhaps it’s time for a [...]

More Details on TRICARE Plans

When I mentioned the possibility of substituting TRICARE for commercial or Federal Employee Health Benefits (FEHB) I thought it was amore cut and dry proposition.  But comments and questions I’ve received indicates to me that a lot of military and retired military who out to know and TRICARE, one of their major benefits, don’t.  And [...]

TRICARE Flavors and How To Taste Them

Several days ago I wrote about the possibility of military retirees using the DoD TRICARE program to take care of their own medical insurance needs as well as the coverage they might be required to provide ex-spouses.  We should look at this idea in a little more detail since it won’t be the best for everyone and [...]

Medical Care Options For Divorced Military Retirees

I’ve been meaning to get around to this post for some time now.  At first glance one might winder why I am delving down into the ‘weeds’ of general entitlements when I originally intended to stick with the finer points of valuation, net present values, divorce and dissolution.  Well the truth is, judging by real-world [...]

What’s Your retirement Plan — Here’s One Guy’s Solution

You can read the CNN story here:
A 63 year-old man was sick of the minimum wage jobs and age discrimination in Ohio … gee, we don’t any such thing as age discrimination here in the US, now do we asks your innocent 61 year-old scribe … and was not eligible for Social Security benefits until [...]

An Adventurous Way To Supplement Your Annuity

Many folks who drop by to read this site are retirees thinking of their “Golden Years” and how they will eke out a little extra and not interfere with their Social Security or military or Civil Service annuities. Here’s something many may not have thought of … The Peace Corps. Nope, the Peace [...]

Just What Does Medicare Cost — For You?

Especially with the new prescription drug benefits for Medicare the majority of us Americans have no clue what we might be entitled to with Medicare now, what we can expect in retirement and what, if any, we’ll have to pay.  Well suppose someone would sit down with you, for free, and do a comprehensive spreadsheet [...]

Just What Will You Get From Social Security?

When I started writing here I thought everything was going to focus on divorce property valuations and division.  But a blog or any web site has to mold itself to the needs of its readers.  A majority of my search engine visitors and a majority of the visitors who stay and read more than a [...]

Remember that Honey and Bunny both Rhyme with Money

NYC Woman Charged With Conning Man, 85

Friday, October 6, 2006

(10-06) 10:40 PDT New York (AP) —
A teen age vixen conned an 85-year-old man out of as much as a $1 million during a two-year relationship, and he may not have been her only victim, Queens prosecutors said. Louis Bruno of Queens said he met Natasha [...]

How Much Does The Military Make?

Here’s an article that makes you think.  The City Of New York, both victim and hero of 9-11 and “proprietor” of some of the world’s best emergency services ought to be taking care of their employees.  Well, they’re taking care of them, all right.  Taking care of them the way the bull “takes care” of [...]

CSRS and FERS Retiree On Line Services

One big issue that always seems to cause delay and dissension in Federal retiree divorce cases is the simple retrieval of information. One an employee is retired, his or her personnel-type issues are handled from the Office Of Personnel Management (OPM, formerly called the Civil Service Commission) in Boyers, Pennsylvania. Their mailing address [...]

Military Life After Retirement

Reveille and Hyperbole:As employers and industries throughout the country progressively realize the value of hiring military veterans, MilitaryStars, the nation’s largest military career expo company, continues its rollout of new venues throughout 2006. Phoenix, AZ will play host to MilitaryStars’ Western Regional Career Expo on October 3rd, 2006, and regional companies from myriad industries are [...]

Important Deadline Approaches — Don’t Let It Slip By Unconsidered

Survivor benefits: An exit strategy for insurance?
A financial planner says many military retirees were misinformed about a “survivor benefits plan,” and time is ticking away to sign up for it.
BY CHRIS FLORES 247-4738
September 17, 2006
When Steve Hinds retired from the Air Force in 1992, he was confident that his life insurance would cover his wife’s [...]

Important Deadline Approaches — Don’t Let It Slip By Unconsidered

Survivor benefits: An exit strategy for insurance?
A financial planner says many military retirees were misinformed about a “survivor benefits plan,” and time is ticking away to sign up for it.
BY CHRIS FLORES 247-4738
September 17, 2006
When Steve Hinds retired from the Air Force in 1992, he was confident that his life insurance would cover his wife’s [...]