A few weeks ago, I wrote about the potential changes to federal retirement benefits that are included in proposed legislation that is moving through Congress. The key word is “proposed” because since ...
Scott Kupor, the new director of the Office of Personnel Management, publishes weekly updates on OPM and the federal workforce in his blog, Secrets of OPM. In September, Kupor reported that he went ...
The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and ...
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FERS Exception: Why not all retirees will receive the COLA increase by 2026
COLA is 2.8%, but FERS retirees only get 2.0% for their annuities. The "diet" COLA fails to match the 12%+ jump in health ...
FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is age ...
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