The Department of Government Efficiency is racing to replace the federal government's outdated paper-based retirement system ...

Before touching your Thrift Savings Plan funds, make sure you understand the rules—and the risks—you might not have planned ...

The 'One Big Beautiful Bill' threatens FERS benefits, sparking fears among federal workers over retirement security and job ...

The federal personnel agency has launched an online system for processing retirement applications, ending a paper-based method that had remained largely unchanged for decades. The rollout is one ...

Rep. Eleanor Holmes Norton, D-D.C., introduced the Federal Retirement Thrift Investment Board Inspector General Act, in response to the troubled 2022 rollout of a new online system for the $937 ...

Elon Musk has targeted the mine through DOGE, calling the old system "crazy" and inefficient. The US government said it's finally bringing federal retirement into the digital age and leaving ...

Federal retirement applications will have to be electronic ... OPM says that it has successfully piloted a new Online Retirement Application system alongside Musk’s Department of Government ...

The Office of Personnel Management is giving agencies less than a month to start submitting all new retirement applications for federal employees electronically, moving away from a largely paper-based ...

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)?

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. The FERS contribution rate ...

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 ...

Turner was the only Republican to vote against the plan in committee, as he predicted that these GOP changes to the federal worker retirement system will have to be altered before a final vote is ...