In today's Federal Newscast, two House Democrats are introducing their own legislation that would give retirees a higher cost-of-living adjustment next year.
More than 55,000 active and retired federal and postal workers have a million dollars, or more, in their Thrift Savings Plan accounts. What’s their secret?
News that they will be getting a 1.3% cost of living adjustment in January 2021 is getting a mixed reception from federal, military and Social Security retirees.
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus pandemic and its consequences for older people
Choosing when to retire is never an easy decision, and the pandemic (during an election year) isn't helping feds either.
New federal retirement claims held largely steady in September, though they were still below their levels a year ago.
At least 9,000 fewer federal employees have retired this year since the start of the pandemic compared to the same six-month period in 2019. Federal financial planners say the pandemic is partly to blame.
The modern day equivalent of a panic-starter is to bring up the subject of the Government Pension Offset or Windfall Elimination Provision to retired federal or state government employees, or their spouses.
The Thrift Savings Plan will start quietly nudging new participants to contribute more of their income toward their retirements -- by doing it for them.
Some savvy investors say the President has a major impact on the economy and the stock market. Others say events -- not whoever is elected POTUS in November -- will determine whether your Thrift Savings Plan languishes or takes off like a rocket over the next four years.
The board that oversees the Thrift Savings Plan will have a few new members in the coming weeks and months. They'll eventually pick up the debate over the international fund -- and whether to throw China in the mix.
Given the choice, would you take a reduced CSRS or FERS annuity later — for life — if it meant you could telework from the geographic location of your choice?
For better or worse, the country is slowly beginning to re-open, so for many feds, whether long-time or relatively new, the question is -- what now?
The number of new claims received last month dropped while the number of claims processed also decreased in August, according to monthly data from Office of Personnel Management.