Upon completing their probationary period, they must choose between continuing to pay a higher contribution to their Federal ...

Some proposed benefits cuts were removed from the Senate version of the GOP reconciliation bill. But plans to gut workforce ...

Image source: Getty Images. The Federal Employee Retirement System (FERS) is a retirement plan for U.S. civilian employees who work within the government. It has an interesting and unusual ...

The Senate draft of the new tax bill cut retirement provisions in the House bill that would have reduced current federal workers’ retirement benefits, but added a provision that would reduce benefits ...

Many critics say the administration is scrapping a nonpartisan, merit-based civil service in favor of a biased, politicized ...

As part of Trump's "Big, Beautiful Bill," the House voted to end a retirement supplement aimed at helping federal employees ...

Supporters of Social Security privatization argue that the change would give individuals greater control over their retirement savings and potentially allow them to earn returns higher than those ...

The Federal Employees Retirement System, known as FERS, is often described as a three-legged stool. It includes a pension, a Thrift Savings Plan akin to a 401(k) and — like nearly all U.S ...