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A sweeping proposal could extend Federal Employees Retirement System–level pensions to the private sector, reshaping how ...
"You've got to really look it over when you get your benefit to make sure you're getting everything that you've earned," said Tammy Flanagan.
If you have had Basic FEGLI coverage in place for at least five years before you retire, then you are eligible for what is ...
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 legislation would bring much-needed financial relief to millions of seniors across the country.
Florence, United States, July 10th, 2025, FinanceWireAs early retirement incentives and agency budget shifts continue across federal departments in 2025, Independence Benefits has announced ...
Under the current system, contribution rates are determined by the year an employee started: 0.8% in 2012 and earlier; 3.1% if hired in 2013, and 4.4% if hired in 2014 and afterward.
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.
A common misconception suggests that U.S. presidents and Congress members are exempt from Social Security. However, they are ...