Active and retired federal-postal workers, and their survivors have some of the best health insurance in the nation.
Effective Sept. 15, major changes will take effect in the TSP, changes that will make it more attractive for life-time investors and more convenient for people who need to withdraw different amounts over their retirement.
Hundreds of federal and postal workers become retirement eligible every day. Although most don’t retire at the first opportunity.
The Office of Personnel Management continued to make slight progress on reducing its backlog of retirement claims in August.
Being a federal/postal worker can be satisfying and challenging at the same time. Being a married federal/postal worker can be doubly so.
The dominant Federal Employees Retirement System covers most working feds. It’s good but it has several moving parts.
Most experts say it is essential that people under the Federal Employees Retirement System put at least 5% into the Thrift Savings Plan.
The two bureaus impacted by the Agriculture Department's upcoming relocation to Kansas City are asking retirees to consider returning to their former agencies as part-time reemployed annuitants of the Economic Research Service or the National Institute of Food and Agriculture.
Thanks to the ups and downs in the global markets, some of the 37,612 feds who were Thrift Savings Plan millionaires at the end of June may be back to six-figure balances.
When the Federal Employees Retirement System was being developed in Congress, most people didn’t switch even though they probably should have.
Since the 1980s some federal offices and postal stations have been divided by a form of pension envy between CSRS and FERS.
No matter how humble your salary, job, habits and possessions you have an estate.
So what if the government gave current CSRS employees a choice: retire by a to be determined date and get full CSRS credit for their annuity, or continue in their jobs but with future benefits compiled under the less-generous FERS system. Which would you choose?
Beyond the usual slew of appropriations bills and confirmation votes awaiting Congress when it returns to Capitol Hill next month, here are a few other standalone bills worth tracking that could impact federal employees.
Workers in the Washington-Baltimore locality pay area are paid considerably more than feds in the same grade, doing the same job, in Kansas City, where the USDA plans to relocate two bureaus.