In an effort to enhance efficiency and streamline processes for the workforce, the U.S. Army Benefits Center-Civilian (ABC-C), ...

Employees suing Ferguson Enterprises LLC over its retirement plan fees and investment options lost their bid to assert ...

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

Monthly payments or a lump sum? This is often times the “million-dollar question” for those in the workforce who still have access to a defined benefit, pension plan. As I’m sure you’re aware, pension ...

For example, if you have more than 10 years ... that Congress set up was called the Federal Employees Retirement System, or FERS. They gave all old government employees hired before 1984 the ...

The FERS supplement represents about 40% of ... She pointed to programs like the U.S. Postal Service retirement system as examples of unsustainable models that need reform. "I know it might ...

Here are some essential facts to help clarify its details. • Main change: The bill would raise FERS (Federal Employees Retirement System) employee contribution requirements up to 4.4% of an ...

The Federal Employee Retirement System, or FERS, is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the $937 billion defined ...

Example: If your highest 36 consecutive months of basic pay averaged $90,000, and you retire with 30 years of service under FERS, your basic annual pension would be: The Thrift Savings Plan (TSP) is a ...

It’s hard to hand over a big portion of your retirement savings when you’re ... Kotlikoff gives an example of a 65-year-old single retiree in Tennessee named John with $1.25 million in regular ...