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Retirement FAQs Post-Retirement

Cost of Living Adjustments

  • What are the benefits of the Direct Express® card? View more
    The Direct Express® card provides the advantages of direct deposit without requiring a bank account or credit check and is an option for those who prefer a prepaid debit card recommended by the Treasury Department:  
    • Fast and Easy –Federal benefit payments go straight into the Direct Express® card account on payment day each month. There’s no need to wait for the mail to arrive or to make a special trip to cash a check.
    • Safe – There’s no risk of lost or stolen checks, no need to carry large amounts of cash, and card account balances are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum allowed by law.
    • Convenient – Use the card to make everyday purchases everywhere Debit MasterCard® is accepted. Make purchases, pay bills, buy money orders and get cash at thousands of locations nationwide. Use the card 24 hours a day, seven days a week.
      (Visit www.GoDirect.org for more information about fees and the surcharge-free network.)  
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  • How does the Go Direct campaign participate in or support financial literacy efforts? View more
    The Go Direct campaign has been involved with many of the most significant financial literacy efforts currently in force across the country, including:
    • The Bank On Program
    • FDIC Alliance for Economic Inclusion
    • FDIC Money Smart Curriculum
    • Money Smart Week
      In addition, during the campaign’s long tenure it has developed relationships with local financial literacy coalition leaders, positioning the Go Direct campaign as a dependable community financial education resource in communities around the country.   (Visit www.GoDirect.org for more information about fees and the surcharge-free network.)  
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  • Would a Joint Committee sequester stop my FERS or CSRS retirement annuity check? View more
    No, the Joint Committee sequestration will not stop delivery of FERS and CSRS annuity checks.  These monthly retirement benefits checks will continue to be issued. 
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Total Count: 18, Number of Pages: 2, Page: 2

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