The One Big Beautiful Bill Act, now under consideration by the Senate, includes two major provisions that would affect the ...

For federal employees who were ... eligible to retire can help you pay for critical expenses such as housing, food, utilities and health care without using retirement savings.

South_agency / Getty Images The Federal Employees Retirement ... (up to 5% of your pay). These extra contributions are tax-deferred and administered by the Federal Retirement Thrift Investment ...

After years serving the federal government, it’s time for federal employees to reap the many unique rewards a federal retirement plan ... pension benefit does not pay out if the spouse dies ...

FERS provides federal employees with retirement benefits funded through ... the Basic Benefit would be based on $53,333, the average pay across those three years. The Thrift Savings Plan (TSP ...

The Senate draft of the new tax bill cut retirement provisions in the House bill that would have reduced current federal workers’ retirement benefits, but added a provision that would reduce benefits ...

Though Democrats were able to excise a plan to base federal retirees’ annuity payments on their highest five years of salary, rather than the current high-3, proposals to eliminate the FERS supplement ...