Lots of changes in store for Social Security recipients as more people rely on a system that's operating above capacity. Full ...

That's a steep cut, but many seniors will be better of waiting until age 70 to claim their benefits. That's because the ...

The 'One Big Beautiful Bill' could impact your finances through tax and social program changes. While it doesn’t directly ...

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

Many people edging closer to traditional retirement age might not realize it, but they're allowed to set aside thousands of ...

The minimum retirement age for FERS is based on year of birth, as well as years of service. Workers born in 1970 or later have to be at least 57 and have five years of service before retirement is ...

However, the bill still seeks to remove the FERS supplement for most federal workers retiring before age 62. As per the Government Executive, this benefit is typically worth around a third of post ...

House Republicans have revised key parts of their proposed spending cuts targeting federal employee retirement benefits, softening some of the most controversial measures in response to internal ...

What Happened: Originally, the House GOP's reconciliation bill sought to force pre-2014 federal hires to pay significantly more toward their pensions, eliminate the FERS supplement before age 62 ...

How the Federal Employees Retirement System (FERS) Works Just like the employees of some small businesses and most large corporations, federal government workers are able to save money through ...

• Early retirement: The FERS annuity supplement, which provides additional benefits to employees who retire for up to five years before age 62, will be eliminated under the new bill. Without the ...

Age 60 with 20 years of service Age 62 with 5 years of service Minimum Retirement Age ranges from 55 to 57, depending on your year of birth. For example, those born in 1970 or later will have an MRA ...