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

Federal retirement has been a hot topic on Capitol Hill lately, with proposed changes sparking plenty of questions. Here’s a ...

The Senate Homeland Security and Governmental Affairs Committee has released its version of a key spending bill that would ...

Gone from the bill are House-passed provisions that would require all federal workers to contribute 4.4% of their basic pay toward the Federal Employees Retirement System, reduce their 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 ...

Currently, federal workers contribute to the retirement system based on their hiring date: 0.8% if hired before 2013, 3.1% if hired in 2013, and 4.4% for most hired since 2014.

If they want to retain workplace protections, however, the alternative would be to pay 5 percentage points more (for a total of 9.4%) into the Federal Employees Retirement System, even if they won ...

The federal personnel agency has launched an online system for processing retirement applications, ending a paper-based method that had remained largely unchanged for decades. Bloomberg Published ...

As part of Trump's "Big, Beautiful Bill," the House voted to end a retirement supplement aimed at helping federal employees ...

The Federal Employees Retirement System, known as FERS, is often described as a three-legged stool. It includes a pension, a Thrift Savings Plan akin to a 401(k) and — like nearly all U.S ...

The Federal Employees Retirement System, known as FERS, is often described as a three-legged stool. It includes a pension, a Thrift Savings Plan akin to a 401(k) and — like nearly all U.S ...