Planning for retirement is one of the more important series of life decisions you will face, akin to making other major career, family, or lifestyle decisions. With the increase in Americans’ life expectancies, the post-government employment stage of your life may well equal or exceed the years spent in federal and/or military service. This course helps you prepare for making educated decisions to transition successfully to this new life stage.
OBJECTIVES:
At the conclusion of this seminar, participants will have gained an understanding of the:
· Steps you can take to enhance your financial comfort,
· Retirement types and eligibility for your retirement system,
· How to estimate your retirement annuity
· Decisions that need to be made at retirement,
· The benefits (FEHB, Dental and vision Insurance, FEGLI, TSP, LTC, etc), and
· Other lifestyle, transition, and financial planning considerations.
This content is designed for those with 5 – 7 years left to Federal Service. We ALSO can conduct MID Career Retirement Planning and EARLY Career Planning.
DAY ONE – AM – (Both Audiences – CSRS / FERS)
Introduction
DAY ONE – PM – (Specific Information for either CSRS or FERS)
DAY TWO - AM
CSRS
FERS
DAY 2 - PM – (Both Audiences)
Benefits
- Eligibility
- Windfall Elimination Provision
- Government Pension Offset
- Earnings limitations
- Medicare 3 parts
- Enrollment periods
- Relationship to FEHB
DAY 3 – AM – (Both Audiences)
Introduction to Financial Planning
- Investment options
- Withdrawal options
- Tax issues, e.g. early withdrawal penalties
- Wills, trusts, power of attorneys, living wills, etc.
DAY 3 - PM – (Both Audiences)
Transitioning to Retirement / Lifestyle Choices
(using homework assignment)
TARGET AUDIENCE: Employees within 5 – 7 years of retirement. Non-federal spouses may attend for a as a courtesy, with the couple sharing one set of materials.
LENGTH: 2 to 3 day class, with separate ½ day modules for FERS and CSRS participants, if mixed class.
MATERIALS: participants receive
METHOD: interactive lecture with participant activities, role play, games, and short films.
Adelis Development can adjust the format of the program to suit the client needs. The client may select which modules they prefer and the length of the program. Some examples of that include:
POSSIBLE SCHEDULE A – Participants – 2.5 days / Instructor – 3.0 days
Split session of half day for CSRS and FERS
POSSIBLE SCHEDULE B - Participants – 2 days / Instructor – 2.5 days – reducing content to insure participants receive 2 days of training, still with split CSRS and FERS sessions of half day
POSSIBLE SCHEDULE C – Single Session ONLY - Participants - 2.5 days / Instructor 2.5 days, provided for a single group of either CSRS or FERS
Tailored Audiences – Special groups’ retirement provisions (e.g., Law Enforcement Officers, Firefighters, etc.) can be addressed in a single targeted session, or as an addition to a CSRS/FERS program.
LOCATION: To be determined
CLASS SIZE:
Class size can range from 25 – 75 participants. Fees will be calculated based on expected class size.
INSTRUCTORS: This program will be JOINTLY presented by TWO instructors who bring the following expertise:
Bonnie M. Westbrook
Bonnie Westbrook, a management consultant for Adelis Development Systems, has more than 30 years of Federal Government experience, with extensive experience in the human resources, training, and organizational development fields. Before her retirement in 2005, she served as Assistant Bureau Chief for Management, Wireless Telecommunications Bureau, at the Federal Communications Commission (FCC). With a staff of 22 and an annual budget of about $32 million, she managed the Bureau’s personnel, training, budget, planning, program reporting, and administrative support programs.
Prior to joining the FCC, Mrs. Westbrook worked in a variety of leadership positions for the Securities and Exchange Commission (SEC) and the Treasury Department’s Bureau of Engraving and Printing (BEP). For example, as Manager of the Human Resource Development Division, she oversaw all employee benefits and employee development issues, among other areas. In both management and specialist positions, she functioned as an internal consultant regarding organizational effectiveness, human resources, and employee relations issues. She also served as Training Director for BEP and Gallaudet College and has extensive experience in management and executive development.
For the past several years, she has volunteered for the American Association of Retired Persons (AARP) Tax Aide Program by preparing Federal and state income tax returns for free in county libraries, and has received annual training to keep abreast of the latest tax developments.
Mrs. Westbrook earned her Masters Degree and Advanced Graduate Specialist Degree (30 hours beyond the Masters) in Counseling and Personnel Services from the University of Maryland, and a Bachelor of Arts in Psychology from the Pennsylvania State University. She has presented at the National American Society for Training and Development (ASTD) Conference, local ASTD chapter conferences, the Training Officers Conference, Organizational Development Network, and U.S. Office of Personnel Management Personnel Management Evaluation Conference. She is a member of ASTD.
James G. (Jim) Westbrook
Jim Westbrook a consultant with Adelis Development Systems, retired from the Defense Intelligence Agency (DIA) in June, 2005 after 37 years of increasingly responsible work for the U.S. Air Force and the Department of Defense (DoD). He has broad experience representing his Agency in interagency fora and supporting a diverse set of customers in DoD and law enforcement communities.
Prior to his retirement, Jim Westbrook served as the Staff Director for DIA’s Office for Latin America and Counternarcotics Analysis. As third in command of this 200+ person organization, Mr. Westbrook’s
wide range of responsibilities included: formulation/ implementation of Office personnel/security policies and procedures; directing specialized teams in implementing new, innovative support to DoD and law enforcement agencies.Mr. Westbrook was the first civilian selected to head a DIA office responsible for ensuring the adequacy of Agency support to Combatant Commanders based on his pro-active, customer-first approach to performance of duties.
During his 30+ year civilian and military career at the Defense Intelligence Agency, he was often required to brief, engage in discussions with, or interact in some other capacity with very high level government and DoD officials, to include several Secretaries of Defense, Chairmen of the Joint Chiefs of Staff, and Congressional staff.
Mr. Westbrook began his DoD career by serving for eight years as an U.S. Air Force Air Intelligence Officer. During this time, he served a one year tour in Southeast Asia during the Vietnam War for which he was awarded the Bronze Star.
Mr. Westbrook received a Master of Science degree in International Relations from Georgetown University and a Bachelor of Science degree in Mathematics from Texas Tech University. He also completed the Armed Forces Intelligence Officers Training Course, the USAF Squadro n Officers School, and DIA’s Post Graduate Intelligence Course. He received three DIA Director’s Awards, including one for Special Achievement in support of Operation Desert Storm, and numerous Special Achievement Awards. Active in his communities, he has served as President of a Homeowners Association, on his Town’s Emergency Preparedness Team, and as their designated liaison with the county government.
SPECIFIC FEES
Includes:
· all travel and per diem for TWO instructors (airfare, car rental, local travel, lodging, meals, misc. expenses)
· all materials for participants – binders with multiple handouts
· tent cards and evaluation forms
· all delivery of training – dependent on number of days selected
· services of TWO instructors
$ - TBD all inclusive
THE COMPANY
Adelis Development Systems has been in practice for almost 20 years with experience in delivering training and consulting services to both government and industry. For further information please see our website at www.adelisdevelopment.com
THE CLIENTS
GOVERNMENT INDUSTRY
|
US Government - Office of Personnel Management |
Industry Clients |
|
DOD - Defense Threat Reduction Agency, Defense Commissary Agency, FEMA |
Brookdale Hospital |
|
Justice - Office of the Comptroller of the Currency |
Bristol-Myers Squibb Company |
|
DEPARTMENT OF THE ARMY |
NJ Department of Transportation |
|
Horizon Blue Cross / Blue Shield of NJ |
|
TNT Express International Hoffmann-LaRoche, Inc Roche Carolina Brunswick College |
|
University of Medicine and Dentistry of NJ |
|
South Nassau Communities Hospital |
|
Rite Aid Corporation |
References will be provided upon request.
Adelis Development
Systems
3863 Ridge Crest Drive
Southport, NC 28461-9059
PH: 910-253-4900
FX: 910-253-4222
Contact Us : info@adelisdevelopment.com