When the Federal Employees Retirement System was being developed in Congress, most people didn’t switch even though they probably should have.
Many current and former feds remember whistleblowers in their agency. Often times the people who knew them best are the best judges of their actions, impact and motives.
Since the 1980s some federal offices and postal stations have been divided by a form of pension envy between CSRS and FERS.
No matter how humble your salary, job, habits and possessions you have an estate.
Are you a fed who needs more realistic investing guidance? Look at your own Thrift Savings Plan account and those or your 5,690,000 fellow account holders.
So what if the government gave current CSRS employees a choice: retire by a to be determined date and get full CSRS credit for their annuity, or continue in their jobs but with future benefits compiled under the less-generous FERS system. Which would you choose?
Workers in the Washington-Baltimore locality pay area are paid considerably more than feds in the same grade, doing the same job, in Kansas City, where the USDA plans to relocate two bureaus.
With two critical months to go in the cost of living adjustment countdown, federal, military and Social Security retirees are in line for an inflation catch-up.
Most current federal retirees, and a small percentage of folks still on the payroll, are under the old Civil Service Retirement System. It offers a generous lifetime annuity that is based on salary and length…
Would you move your family from the suburbs of Washington, D.C., to those of Kansas City to take a lower-wage job — as in $5,000 to $15,000 per annum lower?
The size and purchasing power of your 2020 biweekly paycheck or monthly annuity payment will be decided in a couple of months. The good news about the January 2020 COLA for federal, military and Social Security retirees is that there almost certainly will be one.
The Windfall Elimination Provision (WEP) has been at the top of the legislative hit list for groups representing federal and public retirees for decades.
It's quiet, as August is a time when things are on hold until at least after Labor Day. But a lot awaits lawmakers when they return.
Slightly more than half of members of the Armed Forces are married and many of their spouses need to work. But getting a job can be difficult.
Feds more than most groups need to check on their tax status after retirement. That's why many move.