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With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the ...
A sweeping proposal could extend Federal Employees Retirement System–level pensions to the private sector, reshaping how ...
Former Postmaster General Louis DeJoy told lawmakers that USPS expected to shed 10,000 positions through the early retirement ...
Estimating your post-retirement income isn’t just math, it’s about getting the right data, understanding your service credit ...
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.
If you have had Basic FEGLI coverage in place for at least five years before you retire, then you are eligible for what is ...
Currently, federal workers contribute to the retirement system based on their hiring date: 0.8% if hired before 2013, 3.1% if hired in 2013, and 4.4% for most hired since 2014.
If they want to retain workplace protections, however, the alternative would be to pay 5 percentage points more (for a total of 9.4%) into the Federal Employees Retirement System, even if they won ...
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