The Senate parliamentarian previously ruled that most of the proposals aimed at cutting federal employees’ retirement ...

The Federal Employees Retirement System (FERS) is a defined-benefit retirement plan for civilian employees of the federal government. The program went into effect in 1987 and replaced the Civil ...

House committee proposes plan to cut back on federal employee pensions. The biggest change would be for employees to pay a higher retirement contribution rate of 4.4% of their salary, according to ...

The proposal, which calls for hiking the required pension contribution for federal employees to 4.4% of salary, will now advance to the House Budget Committee. ... Employee benefits are not a gift.

After months of contending with the Trump administration’s multi-pronged effort to downsize the federal workforce, government employees are now facing the possibility of another major change ...

The federal government is exploring a slew of changes that could impact employer-sponsored health benefits. Updates to the Affordable Care Act, potential cuts to Medicaid and a new approach to ...

Federal employees can also retire with full benefits at age 62, even if they only worked for five years. Employees who want to retire before then will need 20 years of service at age 60.

After months of contending with the Trump administration’s multipronged effort to downsize the federal workforce, government employees are now facing the possibility of another major change that ...