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

The reconciliation bill passed by the U.S. House of Representatives has numerous adjustments that would impact retirement and ...

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

The new system is intended to streamline a process long criticized for its delays and dependence on manual paperwork. The ...

The most significant measure approved by the committee would raise the Federal Employees Retirement System contribution rate for many current civilian and postal employees to 4.4% of their salary.

the elimination of the Federal Employees Retirement System (FERS) annuity supplement — a temporary payment for certain federal employees who retire under FERS before age 62. It’s designed to ...

including major proposed cuts to federal retirement benefits within the Federal Employees Retirement System (FERS). What Happened: The House's budget package, determined mainly along party lines ...

with retirees often waiting months to receive their retirement funds. The introduction of ORA promises to address these issues, enabling a faster, more accurate system for federal employees.