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The massive overhaul and upgrade of the Thrift Savings Plan was not without its problems. Turns out nobody knows that more than the folks at the Federal Thrift Investment Board, who run Uncle Sam’s massive in-house 401(k) plan.
Agencies hope to resolve growing recruitment and retention challenges for federal firefighters with a pay raise and new guidance for career paths.
There may come a time in your family's life when having the should-I-have-a-trust conversation is critical. Whether you did it, or especially if you didn’t do it but should have!
Life’s a series of choices. Some easier and more important than others. Like when are you gonna retire? Does it really matter?
Backers say it's needed in part because of low pay and high turnover on Capitol Hill. But not everyone thinks it's a good idea.
The new, expanded TSP is only a few weeks old. And it's getting lots of attention, good and bad, from its 6 million investors.
The Honoring Our PACT Act would expand disability compensation and health care benefits for veterans exposed to toxic substances during their military service.
The key ingredient in any successful business is a talented and productive workforce. The talent a company acquires and retains is vital to the company’s success. Employees are rethinking their professional values and are faced with uncertainties regarding their personal health, wellbeing and job stability.
When Social Security was launched in 1935, the average life expectancy for men was 59.9 years and 63.9 for women. Full benefits started at 65, so do the math! It sounded almost like a safe, government-guaranteed Ponzi Scheme, minus the scheme part.
Along with challenges logging in to TSP’s updated system, an exclusive Federal News Network survey shows many participants are frustrated with the new layout.
Automation can help VA process survivors claims when a veteran passes away, which currently takes more than two months on average.
Participants in the Federal Thrift Savings Plan will soon be able to put a sizeable chunk of their accounts into 5,000 new funds, including those offered by 300 mutual fund families like Fidelity, T.Rowe Price and Vanguard.
When Congress created the Federal Employee Retirement System in the ‘80s, one of the most notable changes was that future retirees would get smaller cost of living adjustments than participants in the old Civil Service Retirement System. CSRS and Social Security beneficiaries get COLAs that match inflation; FERS retirees get a smaller adjustment. That hasn’t been a big deal over the past decade of low inflation, but obviously circumstances have changed.
In today's Federal Newscast, a bill passes the House giving federal workers who get injured on the job better access to workers' compensation.