Active and retired feds probably won’t know the size of their 2020 pay raise — if any — or cost-of-living adjustment — if any — until late in the year.
Nearly every year for the past decade lawmakers have gone after the two major federal retirement programs, FERS and CSRS. So far, groups representing workers and retirees have managed to beat back the changes — but there have been some close calls.
Best listening experience is on Chrome, Firefox or Safari. Subscribe to Federal Drive’s daily audio interviews on Apple Podcasts or PodcastOne. No one ever said marriage was simple. For federal employees getting set to retire, having a spouse…
Many long-time government workers and retirees are worth more dead than alive due to the variety of wealth they accumulate over a lifetime.
In today’s Federal Newscast, two bills to protect federal employees’ health insurance benefits during future government shutdowns advanced to the full House for a vote.
Many of the nation’s smartest rank-and-file retirement investors may not be on Wall Street but rather in the cubicle next to yours, in your carpool or even in the mirror.
In today’s Federal Newscast, a provision in the annual Defense bill the Senate Armed Services Committee released this week would order a top-to-bottom review of the contractor, civilian and military IT positions in each military service and DoD agency.
New benefits, daycare grants and possible backpay may all be in the future for Defense Department employees, service members and contractors.
New retirement claims data from the Office of Personnel Management shows a reversal of previous trends around how fast the agency is processing cases.
It will be late this year, probably November or December, before active and retired federal workers find out how much extra money they may have next year.
After one of the worst days of 2019 for the stock market, nearly every fund in the Thrift Savings Plan took a tumble in May.
When it comes to saving and investing for retirement, federal and military personnel are way ahead of their private sector counterparts.
If you feel totally confused on the subject of a 2020 federal pay raise, or inflation catch up for retirees, it doesn’t mean you haven’t been paying attention.
The Navy said increased demand led to a shortage of funds to award new tuition assistance until the next fiscal year.