Pay & Benefits
The unplanned retirement dilemma
If you hadn’t given much thought to retirement before receiving the Trump administration's "deferred resignation" email on Jan. 28, you may be in for a few surprises—not all of them pleasant.
Pay & Benefits
Can I afford an early retirement? 4 things to consider before making the leap
COMMENTARY | From return-to-office mandates to the reappearance of Schedule F, many feds may be finding themselves on a fast track to retirement whether they wanted it or not. But are they financially prepared? What planning should be done before considering an early federal retirement?
Pay & Benefits
TSP funds rebound to start 2025
After a rocky end to 2024, all funds in the federal government’s 401(k)-style retirement savings program finished January in the black.
Pay & Benefits
SSA: It could take more than a year to implement the WEP and GPO repeal
Though Congress acted on a bipartisan basis last year to pass legislation ending two controversial tax provisions that affected some federal workers and other public servants, it failed to give the Social Security Administration any money to implement it.
Pay & Benefits
Congressional Republicans mull plans to gash feds’ pay, benefits and job security
GOP lawmakers are once again considering a litany of proposals that would require federal workers to pay more in exchange for less retirement and health care benefits.
Pay & Benefits
Democrats introduce bills to provide feds 4.3% average pay raise in 2026, standardize retiree COLAs
Lawmakers have reintroduced annual bills aimed at setting a marker for the upcoming federal pay raise debate and to end bifurcated cost-of-living increases for federal retirees.
Pay & Benefits
How to prepare for an unexpected retirement
Some readers with fears about the future of their jobs under the next administration reached out for advice.
Pay & Benefits
The Social Security Fairness Act: What we know so far
It may take time to implement this new law -- here’s what you should know for now.
Pay & Benefits
Biden signs windfall elimination provision repeal into law
The Social Security Fairness Act ends both the WEP and the government pension offset, increasing the Social Security checks for more than 2 million retired public servants.
Pay & Benefits
Thrift Savings Plan funds end the year on the downswing
Only one of the portfolios within the federal government’s 401(k)-style retirement savings program finished December in the black.
Pay & Benefits
More! on the windfall elimination provision and government pension offset
Many Civil Service Retirement System retirees are hoping for an early Christmas present from Congress.
Pay & Benefits
Bill to repeal windfall elimination provision clears a key Senate hurdle
The Senate voted 73-27 to invoke cloture on the Social Security Fairness Act, clearing the way for a final vote to pass the bill later this week.
Pay & Benefits
Schumer tells feds he’ll call a vote on windfall elimination provision repeal
The Social Security Fairness Act, which would repeal to controversial tax provisions affecting some federal workers and retirees, has 63 sponsors in the Senate, more than the 60 votes needed to force a vote on the measure.
Pay & Benefits
Open season and tax savings
Monday is the last day to enroll in or make changes to your benefits for 2025. What are you doing this weekend?
Pay & Benefits
Nearly every TSP fund rebounded in November
Only one of the portfolios in the federal government’s 401(k)-style retirement savings program lost value last month.
Pay & Benefits
Look before you leap into a private sector job
It might not be the win you think it is when you do the math.
Pay & Benefits
Retirement decisions that can't be reversed
Here are the retirement decisions that require careful consideration since they cannot be changed.
Pay & Benefits
House passes a bill eliminating tax provisions that harm some federal retirees
Despite solid bipartisan support, the Senate could run out of time to approve the legislation.
Pay & Benefits
OPM’s retirement backlog ticked up slightly last month, though other metrics improved
Statistics measuring the federal government HR agency’s performance in processing departing federal workers’ retirement claims remained stable following the backlog’s removal from OPM’s list of top management challenges.
Pay & Benefits