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The Federal Employees Retirement System (FERS) is the primary retirement plan for U.S. federal civilian employees.
The reconciliation bill passed by the U.S. House of Representatives has numerous adjustments that would impact retirement and workplace benefits for federal workers, whether they’re newly hired or ...
The largest proposal would increase revenues by $30.7 billion by requiring long-serving federal workers to increase their contributions into the Federal Employees Retirement System, or FERS, to 4. ...
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 ...
In January 2025, OPM received over new 16,000 retirement claims and processed 6,700. January usually sees an influx of retirement applications; the month before, OPM received 5,020 and processed ...
The mine, which is home to more than 400,000,000 personal records for federal employees, ... processing the retirement of a federal employee can take weeks or months, ...
The sudden cuts to the federal workforce under President Donald Trump will likely throw a curveball into the retirement plans of many Americans, including those from typically disadvantaged ...