The two decades-old laws impact, as in reduce or almost eliminate, the Social Security benefits of 1.8 million public servants.
In what’s become the administration’s evergreen budget plan, the White House has again proposed that federal workers kick in more of their salary toward their retirement plan in return for smaller lifetime annuities that are frozen when they retire.
FEDtalk Tune in to FEDtalk this week to hear from public employee groups about their plans for 2020. Guests from across the federal community will discuss the biggest issues of 2019 spilling into the new…
In its most specific take yet on the Trump administration’s proposed merger of the Office of Personnel Management with the General Services Administration, Congress also commissioned the National Academy of Public Administration to conduct a top-to-bottom review of OPM.
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.
For at least the past six years, right or wrong, smart or not, some nervous feds from Maine to California have kept a nervous watch on Washington and their HR office. They are watching the…
Lawmakers have declared the president’s 2020 budget request “dead on arrival,” but there are a few ways the proposed federal retirement cuts could see the light of day this year.
Folks under the old Civil Service Retirement System, like people who get Social Security benefits, are protected from inflation. But most people on the federal pay roll are under FERS.
The CSRS and FERS programs are considered the jewel in the crown of federal civil service benefits but the Trump administration wants to cut costs in the giant federal retirement program by totally eliminating future COLAs for FERS retirees. NARFE’s Jessica Klement and John Hatton join host Mike Causey on this week’s Your Turn to discuss what the organization is doing to protect all federal benefits, including the retirement plan. September 18, 2018
The Trump administration wants to cut costs in the giant federal retirement program by totally eliminating future COLAs for FERS retirees. If it becomes law the 2019 COLA would be the last.