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Former Postmaster General Louis DeJoy told lawmakers that USPS expected to shed 10,000 positions through the early retirement offers.
With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the ...
Estimating your post-retirement income isn’t just math, it’s about getting the right data, understanding your service credit ...
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Explícame on MSNJimmy Carter was the last president to qualify for benefits under the old Social Security system.
A common misconception suggests that U.S. presidents and Congress members are exempt from Social Security. However, they are ...
Meanwhile, government workers have a retirement program specifically made for them: the Federal Employees Retirement System (FERS). Here’s what it looks like and the various plans it offers.
For federal employees who were hired before 1984, it was easy, they were under the single benefit, Civil Service Retirement System. The retirement age was 55. It was common for a typical federal ...
If you are a current or former federal employee, you may be eligible for benefits from the Federal Employees Retirement System (FERS). To apply for benefits, you must submit a retirement ...
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.
I have a heart and passion for serving federal employees. My mother, who is also my best friend and now works for me, is a retired federal employee. I have successfully helped her navigate her ...
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 ...
The Federal Employees Retirement System (FERS) There are plenty of retirement plans for workers: 401 (k)s and pension plans set up through your employer, IRAs you can manage on your own and Social ...
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