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“I feel so cheated and deceived by the retirement fund in strongly persuading me to change my retirement plan,” said Adelina Portela, a government employee since 1992, who was asked to switch ...
The United States government's Deferred Resignation Program 2.0 (DRP 2.0), is a voluntary program that lets federal employees resign in advance but still get paid and keep benefits until September ...
Federal Employee Retirement System (FERS): Covers most current federal employees and offers a pension that, while lower than CSRS, includes Social Security benefits and the Thrift Savings Plan (TSP).
The retirement age for government employees is increasing, along with pension amounts. This applies to the education and ...
About one-quarter of state and local government employees—primarily teachers, along with some police officers, firefighters, and general government workers—do not participate in the program.
Federal employees at Robins Air Force Base in Georgia are facing significant cuts to their retirement benefits under a House Republican plan. The budget reconciliation bill would eliminate the ...
Tens of millions of Americans are unable to save for retirement through their jobs. "That's not a gap — it's a crisis," one expert says.