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The new customer base for AAFES, NEX and MCX outlets will include currently-serving DoD and Coast Guard civilians and retirees.
The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), created by Congress, have made monthly raids on the Social Security benefits of millions of retired civil servants for decades.
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
The issue of hunger in the military and service member families needing food stamps to get by is starting to grab the attention of high-profile lawmakers.
An unexpected surge in retirement claims during March exceeded OPM's ability to keep up with the backlog.
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
The Environmental Protection Agency and American Federation of Government Employees will revert back to some policies from a 2007 contract while they negotiate a new collective bargaining agreement.
Some federal employees are receiving COVID-19 vaccines through their agencies, but for others, they must wait until their state and local governments make doses available.
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.
Once again, there are dueling agendas to eliminate or offset the Windfall Elimination Provision, a pesky nuance that reduces Social Security benefits for some federal retirees.
Federal employees and annuitants will no longer see major disruptions to their health, dental, vision and life insurance during future government shutdowns thanks to a new policy, which the Office of Personnel Management finalized Friday.
The Biden administration is expected to propose a 2.7% federal pay raise for civilian employees in 2022, well above the 1% bump workers received this year.
The ZTE, Huawei ban is proving challenging for vendors doing business in countries where China-built networks are almost literally the only way to connect to the rest of the world.
It's a stretch to say Thrift Savings Plan participants are over the G fund, but the array of lifecycle options are picking up popularity for several reasons.