Benefits

House passes reconciliation bill that cuts federal employee retirement benefits

Though Democrats were able to excise a plan to base federal retirees’ annuity payments on their highest five years of salary, rather than the current high-3, proposals to eliminate the FERS supplement and to charge employees for their civil service protections remain on the table.

Retirement cuts tweaked in House reconciliation package

The latest draft of the GOP’s plan to cut federal spending to pay for tax cuts and increased immigration enforcement no longer un-grandfathers federal workers hired before 2014 from increased retirement contribution rules passed in the 2010s and delays implementation of the FERS supplement.

House GOP’s law enforcement ‘exemption’ from retirement cuts is illusory, groups say

A pair of organizations representing federal law enforcement officers urged lawmakers to strengthen carveouts of an array of proposed cuts to federal workers’ retirement benefits but stopped short of calling for their withdrawal.

VA moves survivors’ help office, again, to make it easier to get benefits

The department is seeking to reverse a 2021 decision by the Biden administration that placed the Office of Survivors Assistance under the Veterans Benefits Administration.

Proposed retirement cuts cast renewed pall over deferred resignations

Federal workers who accepted President Trump and Elon Musk’s so-called ‘fork in the road’ fear Republicans have “pulled the rug out from under” their retirement plans.

Domestic TSP funds continued to swoon in April

The federal government’s 401(k)-style retirement savings program continued to produce a mixed bag for participants last month.

House Republicans advance plan to cut federal worker benefits and undermine civil service protections

One Republican who voted against the measure said efforts to reduce existing federal workers’ pension benefits will fail if put to a vote before the full House.

Trump ‘anti-fraud’ memo could allow SSA to stop paying some Americans’ earned benefits

The document’s publication comes just days after reports that DOGE operatives overruled career workers to falsely label thousands of immigrants as dead.

Many federal police officers don’t receive enhanced pay and retirement benefits, here's how that might change

A new report from the Government Accountability Office highlights issues Congress will need to consider, as lawmakers move to address the disparity.

Domestic TSP funds tumble amid government layoffs, tariff threats

Most of the portfolios in the federal government’s 401(k)-style retirement savings program finished March in the red.

Exclusive

SSA weighs axing payments to 170,000 beneficiaries

The move to cease making payments to people without Social Security numbers would imperil the benefits of thousands of immigrants’ children with disabilities.

Anything but boring 

A flurry of firings and RIFs has many federal employees looking for answers when it comes to retirement planning.

TSP funds posted mixed results in February

Portfolios invested in American businesses weighed down an otherwise positive month for the federal government’s 401(k)-style retirement savings program.

Bipartisan bill returns to help feds and postal workers close retirement gap

A bipartisan group is again pitching legislation that would allow some federal and postal employees who began their careers as temporary workers to contribute to their federal retirement accounts for those years.