Benefit eligibility is determined by a worker's age and the number of years of service. How the Federal Employees Retirement System (FERS) Works Just like the employees of some small businesses ...

Sick leave is your “short-term disability” protection. Treat it like “gold!” You earn four hours per pay period which ...

A prominent economist set out to determine whether America's rising average retirement age will ever level off.

After months of contending with the Trump administration’s multi-pronged effort to downsize the federal workforce, government employees ... their mandatory retirement age of 56 or 57, depending ...

Understanding Your Options Federal Employees should carefully assess their age, financial readiness, and planned lifestyle during retirement before opting for a Deferred Resignation package.

including major proposed cuts to federal retirement benefits within the Federal Employees Retirement System (FERS). What Happened: The House's budget package, determined mainly along party lines ...

Without the supplement, federal employees who retire before age 62 will face a reduction in their retirement income until they qualify for Social Security benefits. • How many Ohio workers will ...

The proposal, which calls for hiking the required pension contribution for federal employees ... “additional retirement annuity payment for those eligible to retire before age 62” and are ...

The biggest change would be for employees to pay a higher retirement ... age 62” and are unable to yet collect Social Security benefits,” according to the proposal (except those in federal ...

Federal employee pension benefits are set to be pared back in Republicans’ giant tax and spending package working its way through the U.S. House, another slap at a workforce roiled by Elon Musk ...