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The Social Security system in the United States is grappling with a substantial financial challenge. Currently, the program ...
Understanding how the Deferred Resignation Program 2.0 may impact federal employees’ retirement benefits is crucial. However, before we dive into DRP 2.0, let’s start with an overview of federal ...
FERS is a defined-benefit plan that replaced the Civil Service Retirement System (CSRS). Employees are automatically enrolled in the program and receive retirement benefits from three different ...
With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the ...
A provision to move to a “high-5” annuity calculation was struck from the House-passed reconciliation bill. But other ...
Federal workers who accepted President Trump and Elon Musk’s so-called ‘fork in the road’ fear Republicans have “pulled the rug out from under” their retirement plans.
The controversial government tech task force is claiming credit for a digital breakthrough, but insiders say the Biden administration started building the project years earlier.
As retirement reforms take shape abroad and at home, learn how these changes could affect your benefits, and what steps you ...
The program, created by law in 2023 ... a barrier that it keeps a tremendous amount of people out of the retirement savings systems that we have in this country.” There are some eligibility ...
It was replaced in 1987 by the Federal Employees Retirement System (FERS). However, employees who were originally set up through the CSRS still receive their benefits through that program ...