FERS (Federal Employees Retirement System) Pension: Working Until Age 62. I once had a client who was a federal employee and was looking to retire at age 61.

The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and legislative branches of the federal government. Employees under FERS ...

The new electronic retirement system promises a faster, more accurate process, but some users are still adjusting to the ...

How the Federal Employees Retirement System (FERS) Works . Just like the employees of some small businesses and most large corporations, federal government workers are able to save money through ...

For federal employees who were hired before 1984, it was easy, they were under the single benefit, Civil Service Retirement System. The retirement age was 55.

A key aspect of this plan is increasing the contribution rate to the Federal Employees Retirement System (FERS) to 4.4% for many current civil and postal employees.

Federal workers have a constellation of retirement benefits, and assessing them can get complicated fast. Here are five high-stakes decisions to focus on.

When making a disability retirement decision, a federal employee should keep in mind that OPM evaluates an individual’s continued ability to work with their medical condition in the context of ...

In January 2025, OPM received over new 16,000 retirement claims and processed 6,700. January usually sees an influx of retirement applications; the month before, OPM received 5,020 and processed ...

The Federal Employees Retirement System, or FERS, is the retirement plan for all civilian employees in the U.S. federal government. With FERS, ...

FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is ...