Under the Senate plan, all new federal hires would pay more than double toward FERS compared to feds hired after 2014—9.4% of their basic pay—and those who elect to accrue civil service ...

FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is ...

One major incentive: full pay and benefits while delaying final separation until September. This contributed to the tens of thousands of federal workers who accepted the DRP offer to resign or ...

Responding to a call from an advisor in California, the ERISA consultants at the Retirement Learning Center (RLC) address a question concerning the hierarchy of payroll deductions in relation to ...

As part of Trump's "Big, Beautiful Bill," the House voted to end a retirement supplement aimed at helping federal employees who retire before they're 62.

Patient advocates say they frequently hear from people who thought they didn’t need to sign up for Medicare upon turning 65 ...

But if someone has employer coverage through a company with fewer than 20 workers, Medicare generally becomes the primary payer when they turn 65. The real estate law firm at which Diamond is a ...

The Springfield school board is expected to vote June 24 on the $369 million spending plan for the 2025-26 year. Here are the ...

Chairman and Chief Executive Li Yu’s eventual retirement might mean the biggest change for Preferred Bank’s governance in ...

The balance is held by the government itself (“intragovernmental”), like Social Security and federal employee retirement funds. The debt and deficit levels have grown substantially over the ...

For fiscal year 2025, the Congressional Budget Office (CBO) projects a federal budget deficit of $1.9 trillion. DebtThe total amount a country must borrow to fund its annual deficit. Currently, the ...

Diamond was caught in a fairly common coverage snag: People who have group health insurance when they become eligible for ...