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Trump’s 'One Big Beautiful Bill' targets FERS annuity supplements, risking retirement security for federal workers as it heads to the Senate.
House-passed reconciliation bill includes more changes to proposed federal benefits cuts ...
Still, critics of the bill argue workers should be aware of changes that may impact their retirement preparedness, whether they're looking to work for the government or are about to retire from it.
The new system is intended to streamline a process long criticized for its delays and dependence on manual paperwork. The ...
With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the ...
which still relies on paper forms and manual processing. The system handles retirement applications and manages benefits for former federal employees and their families, coordinating closely with ...
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.
Hiking the contribution rate The most significant measure approved by the committee would raise the Federal Employees Retirement System contribution rate for many current civilian and postal ...
The Federal Employees Retirement System (FERS) is a defined-benefit retirement plan for civilian employees of the U.S. federal government. What Is the Federal Employees Retirement System (FERS)?
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. In April, Representative James Comer ...