A bumpy transition often awaits people who get laid off or take buyouts late in their careers. For many, the line between ...

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

Molnar said the company’s owner thought he was doing his 100 employees a favor by managing their retirement accounts. “But he didn’t know what he was doing,” she said.

The most significant measure approved by the committee would raise the Federal Employees Retirement System contribution rate for many current civilian and postal employees to 4.4% of their salary.

Federal employees are increasingly applying for OPM disability retirement due to reduced telework options, low morale, and changing government policies.

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 ...

The new proposal would raise the retirement contribution rate “up to the new rate of 4.4% of their salary,” according to Rep. Comer. Presently, more than half of federal employees are paying ...

• Main change: The bill would raise FERS (Federal Employees Retirement System) employee contribution requirements up to 4.4% of an employee’s salary, for all employees.

Moreover, the package would eliminate supplemental retirement benefits for those who retire before age 62 and are unable to yet collect Social Security, and give new federal employees the option ...

The largest proposal would increase revenues by $30.7 billion by requiring long-serving federal workers to increase their contributions into the Federal Employees Retirement System, or FERS, to 4. ...