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Locality pay changes

By Reg Jones on August 29, 2013 locality pay, PAY

Q. If the locality pay changes after I start receiving retirement pay, will my retirement amount change by the same percentage, or does it have no impact?

A. Future changes in locality pay percentages would have no affect on your annuity.

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Reg Jones

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.
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