Upon completing their probationary period, they must choose between continuing to pay a higher contribution to their Federal Employees Retirement System (FERS) to maintain their c ...

Trump’s 'One Big Beautiful Bill' targets FERS annuity supplements, risking retirement security for federal workers as it heads to the Senate.

House Republicans have revised key parts of their proposed spending cuts targeting federal employee retirement benefits ... force pre-2014 federal hires to pay significantly more toward their ...

Last month, the House Oversight and Reform Committee advanced its portion of the bill, which would cut federal spending to partially pay for ... higher Federal Employees Retirement System ...

A proposal to change retirement benefits for federal employees was not included in the ... That will remain at the highest three years of pay. Turner voted in support of the amended GOP budget ...

House Republicans have revised key parts of their proposed spending cuts targeting federal employee retirement benefits ... force pre-2014 federal hires to pay significantly more toward their ...

After months of contending with the Trump administration’s multi-pronged effort to downsize the federal workforce, government employees ... workers’ retirement benefits to help pay for the ...

In April, Representative James Comer (R-KY) announced a series of proposals that would force many federal civilian employees to pay higher premiums for retirement benefits and to lower their ...

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 ...

said would ask workers to pay more and increase government revenue by $30.7 billion over a decade. The Federal Employee Retirement System, or FERS, is a retirement plan that provides benefits from ...

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 ...