When Congress created the Federal Employee Retirement System in the ‘80s, one of the most notable changes was that future retirees would get smaller cost of living adjustments than participants in the old Civil Service Retirement System. CSRS and Social Security beneficiaries get COLAs that match inflation; FERS retirees get a smaller adjustment. That hasn’t been a big deal over the past decade of low inflation, but obviously circumstances have changed.
The Postal Service Reform Act, at least as it's currently written, proposes significant structural changes to the Federal Employees Health Benefits Program. An employee advocacy group worries the bill could raise premiums for federal employees and retirees.
The National Academy of Public Administration detailed a solid path forward for the Office of Personnel Management, former agency executives and advocates say, but they're not convinced anyone has the political clout, influence and willpower to see it through.
Experts from the National Active and Retired Federal Employees Association said the election season will overshadow much of what should happen on Capitol Hill.
The Democratic presidential primaries are great drama this year and the coronavirus scare is super important. That said, until a lot more is known, life goes on.
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.
We’ll know soon enough about the latest shutdown, but the pay raise is a little more complicated. H.R. 790 passed the House easily but has remained stagnant in the Senate since Jan. 31.
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.
The Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future retirees. Will Congress pass it? Find out when NARFE Deputy Director for Advocacy John Hatton joins host Mike Causey on this week's Your Turn to discuss the president's proposals. June 6, 2018
Federal retirees in 1980 could establish a standard of living and keep it even during 14 percent inflation and 11-plus percent the following year. Now, the Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future workers retiring under the Federal Employees Retirement System.
NARFE's John Hatton and Katie Maddocks from the Federal Managers Association, join host Mike Causey to talk about some of the issues that Congress will tackle when it returns from its summer recess. September 2, 2015
House Republicans have dealt a blow to a proposed rule that advocates say would help federal employees and retirees avoid costly investment mistakes.