A group of Senate Democrats says the Thrift Savings Plan should do more to give participants an opportunity to invest in funds by racially, ethnically and gender diverse asset managers. They're also seeking more information about the TSP's upcoming mutual fund window planned for next year.
The Federal Employees Retirement System (FERS) requires some-to-considerable thought and work from those who want to maximize their total retirement benefits.
When it comes to the smartest investors in the nation, which group of people or professions would you pick?
When choosing when to retire, employees often fall into two groups, one federal benefits expert said. So where do you sit?
While certainly relief to Social Security recipients, that big adjustment is a sign of a scary economy.
For the vast majority of feds still on the payroll, plus a growing number of those already retired under the newer Federal Employees Retirement System (FERS), big COLAs mean fiscal heartburn.
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022
Will the vaccine mandate provide the push for thousands of workers to retire or quit either because they don’t want the shots or are reluctant to return to the office after 12-to-18 months of working at home?
Recently released stats show OPM received 7,589 new retirement claims last month, compared to 8,976 new claims received in August.
While the number of federal-military personnel participating in the federal 401k plan increased slightly between June and September, most account balances — at every level — were down slightly.
If your retirement nest egg is invested in the stock market you probably know that after a very long winning streak September was not too nice.
The director of the National Institutes of Health, Dr. Francis S
One of the big differences between government and the private sector is the field of labor relations. In industry, it is usually disgruntled workers who go out on strike.
Have your career plans changed some, a lot or completely since the COVID pandemic? Has the retirement tsunami, first predicted in the 1990s, actually started?
Currently, most feds in retirement left under the CSRS program so they get full COLAs. But the overwhelming majority of people working for Uncle Sam now are under the FERS program.