Q. I am expecting to retire soon and just discovered the existence of the Federal Erroneous Retirement Coverage Corrections Act, which has the potential of being a game-changer in the ultimate decisions that will be required. As I have little to no faith in the Office of Personnel Management, my employer, the Postal Service, has even less credibility.
I was hoping to locate an honest broker before moving ahead with retirement plans. So far, I had less than zero success and am asking you for any assistance in ensuring my retirement options are understood.
A. Regardless of your feelings about your agency or OPM, you’ll have to go through them. To learn more about FERCCA, the process used to determine if you are, in fact, erroneously enrolled, and the options available, go to www.opm.gov/retirement-services/benefits-officers-center/aids/#url=FERCCA.