The proposal, which House Oversight Committee and Government Reform Committee Chairman James Comer announced on the evening ...

The program went into effect in 1987 for all federal employees hired by the government after Dec. 31, 1983, and replaced the Civil Service Retirement System (CSRS) program. The FERS is a defined ...

House GOP have introduced a plan that could further strain federal employees by increasing their retirement premiums and ...

The possibility of a RIF is an unfortunate reality for many federal employees, but with smart planning and financial ...

Employees must choose between 401(k)s and pensions as retirement options, weighing their benefits and drawbacks.

such as the Federal Employees Retirement System (FERS), Federal Employees’ Group Life Insurance (FEGLI), and the Thrift Savings Plan (TSP), the government’s equivalent of a 401(k). Are you a ...

The federal government offers a different option to its employees to save for retirement than private companies. The Thrift Savings Plan (TSP) is very similar to popular plans found in the private ...

saying the PERS plan is a worse deal for future government employees, partly because it does not provide an employer match ...

The 401 (k) and its personal savings counterpart, the Individual Retirement Account, emerged in the 1970s as tools for ...

Employees at the Internal Revenue Service were offered deferred resignations, early retirements, and buyouts as the agency ...

Department of Homeland Security Secretary Kristi Noem gave employees three options to choose to voluntarily leave the ...

OPM also offered employees who were laid off in a RIF the option to retroactively join the deferred resignation program or take an early retirement.