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WEP & GPO: The twins that eat Social Security checks

The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), created by Congress, have made monthly raids on the Social Security benefits…

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Retirement claims backlog continues to rise, exceeding January’s 8-year record

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(AP Photo/Jacquelyn Martin)Rep. Gerry Connolly, D-Va., is interviewed about the Relay, an electric autonomous vehicle, in Fairfax, Va., Thursday, Oct. 22, 2020. The future of transportation arrived in northern Virginia, looking like a big blue toaster on wheels that can seat six and drive itself through the region’s notorious traffic. State and local officials debuted the Relay system Thursday, an all-electric, autonomous vehicle that will provide free shuttle rides back and forth from the Dunn Loring Metrorail stop to the bustling Mosaic District in Fairfax County, Va. (AP Photo/Jacquelyn Martin)
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House Democrat seeking answers from NFC on federal retirement delays

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Amelia Brust/Federal News Network
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Federal employees face retirement delays due to lags at NFC

One agency warned retirees could wait as long as six months for an initial interim payment and up to a year for a full annuity. The National Finance Center…

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Thrift savings plan TSP written on a piggy bank.

Your TSP’s stock and bond funds: Which is safest?

Financial planner Arthur Stein says that many feds don’t understand that their TSP retirement nest egg is not really an investment.

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In this Feb. 5, 2016, photo, a mail clerk at the Wynne Unit of the Texas prison system makes her way through a box of letters for inmates in Huntsville, Texas. Every piece of mail is checked for contraband, like drugs hidden under stamps, or messages or words in correspondence that suggest violence or escape plans, as well as attempts by convicts to profit from some enterprise or business while behind bars. (AP Photo/Pat Sullivan)

USPS early outs and you: Good deal, or return to sender?

Federal Report

The Postal Service’s early retirement offer has given new (probably false) hope to feds in other agencies who would love to retire early on an immediate but reduced annuity.

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