News

After months of contending with the Trump administration’s multipronged effort to downsize the federal workforce, government ...
In a sweeping move to cut taxes and spending, former President Donald Trump and House Republicans propose significant changes ...
The antiquated paper-based federal retirement system has been a target for federal modernization for years and was called out by Elon Musk.
Understanding how the Deferred Resignation Program 2.0 may impact federal employees’ retirement benefits is crucial. However, ...
The good news is that even if your career changes from federal service to private sector employment, Social Security is a ...
Republicans on the House Oversight and Government Reform Committee advanced their portion of the GOP’s massive budget ...
The House Oversight and Government Reform Committee on April 30 advanced a legislative package to raise the retirement ...
Searching for savings to partially offset trillions of dollars in tax cuts, Republicans on a U.S. House panel voted Wednesday to cut pensions and retirement benefits for federal employees.
One Republican who voted against the cuts to federal benefits cast doubt that the provisions would end up in the final ...
The proposal, which calls for hiking the required pension contribution for federal employees to 4.4% of salary, will now advance to the House Budget Committee.
The biggest change would be for employees to pay a higher retirement contribution rate of 4.4% of their salary, according to ...
Another benefit is that unlike the pension or Social Security, TSP has liquidity. Retirees have far more control over how much they withdraw from it. Finally, the contribution limits are huge; federal ...