This time one year ago lobbyists who represent feds and retirees were quietly hoping that Congress would tear off only a couple of chunks from the embattled Federal Employees Retirement System. Then a funny thing happened on the way: Nothing.
The administration also proposes moving OPM's current retirement services and health care and insurance offices to the General Services Administration, which would be renamed the "Government Services Agency."
A 15-year fed describes why he thinks the advice "spread your bets" should also be applied to taxes and the TSP options, not just investing and casinos.
Having a secure financial future is even more likely if you know where you are now and where you are heading, as you get closer to that magic time when you could retire.
The Trump administration may move several functions, including federal employee health and retirement benefits programs, from the Office of Personnel Management to other agencies.
Causey says President Donald Trump is keeping his promises to "drain the swamp" with a crackdown on federal unions, and aims to make the federal retirement plan more costly for workers and less valuable for retirees.
Obits can help you figure out how much money you are going to need for the years, maybe decades, after your regular paycheck stops. But your urge to live, have fun, travel, etc. continues.
Every day, we at Federal News Radio get calls or emails from readers and listeners who want to know the latest, the cost and the timetable for action regarding retirement changes. But we can't predict what’s going to happen,
Tune in to the July 6th FedTalk to hear about what’s in store for federal technology for the coming year, including developments on expanded use of artificial intelligence, extended reality, and the unveiling by the Department of Energy of Summit, the world’s most powerful supercomputer. July 6, 2018
More than a quarter of senators say they're concerned about the Office of Personnel Management's four legislative proposals to change federal retirement.
The Trump administration wants to make the federal retirement plan more costly to workers and less valuable to retirees. But officials could probably "drain the swamp" of thousands of bureaucrats if they made the changes effective later rather than sooner.
When financial times get tough and a bull market rears its ugly head, many Thrift Savings Plan investors head for the safety of the bond index F Fund or, more likely, the super-safe never has a bad day G Fund.
The Air Force follows in the Navy's footsteps and expands leave for secondary caregivers.
When most people focus on millionaires in government they are talking about a relatively small number of super-rich political appointees. But there is a larger group who did it by saving and investing in the Thrift Savings Plan.
Congress once again is considering higher Voluntary Separation Incentive Payments (VSIPs) for civilian federal employees.