Though Democrats were able to excise a plan to base federal retirees’ annuity payments on their highest five years of salary, ...

With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the ...

The federal government's Thrift Savings Plan is ... Here's how: Every year, Congress adjusts the military pay chart. This year, the military received a 4.6% increase, though it can be higher ...

The legislation would cut federal employees ... into the Federal Employees Retirement System, or FERS, to 4.4 percent. Currently, those hired before 2014 pay lower rates. The reconciliation ...

Benefit calculation: The current retirement benefit system is based on a federal worker’s highest three years of pay. The bill would change that to a federal employee’s highest five years of ...