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In the letter, GERS explained that it uses a “look back” method—a standard allowed under the Government Accounting Standards ...
The new electronic retirement system promises a faster, more accurate process, but some users are still adjusting to the ...
The Civilian Human Resources Agency (CHRA) encourages Army civilian employees to begin retirement planning early to ensure a ...
The Senate parliamentarian previously ruled that most of the proposals aimed at cutting federal employees’ retirement ...
"In the area of reducing benefits, Social Security has always been a system that's been kind of tilted towards the lower wage ...
The decline of pensions has led to what Sanders and allies call an affordability crisis for older Americans. More than half of seniors live on less than $25,000 a year and have no retirement savings.
Now at the helm of what will be a much smaller agency workforce, new OPM Director Scott Kupor's priorities include "finding ...
Introduced in 2004, the Contributory Pension Scheme (CPS) was expected to fully address the challenges of the old defined ...
Federal agencies could choose to fire workers en masse or offer options like buyouts. Here's what we know about how and when ...
The specific proposal: The federal government sponsors retirement benefits through the Federal Employees Retirement System (FERS), which is jointly funded by employees and their agencies.
The IRS's progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according ...