The proposed cuts include an increase in FERS employee pension contributions, elimination of the FERS annuity supplement, changing the high-3 years average salary to high-5 years for measure of pay used to calculate FERS (and CSRS) benefits, and FEHB eligibility audits
OPM to Launch Digital Retirement Application Processing System in June 2025
The Office of Personnel Management (OPM) announced Wednesday that a new digital retirement processing system… more…
OPM ‘Retirement Quick Guide’ to Help Federal Employees
The guide is designed to help employees know what to expect as their retirement application is processed and benefits are determined — plus assist in estimating when they can expect to receive their interim and first annuity payments
Latest TSP Share Prices
Get the latest Thrift Savings Plan share prices which determines the value of your TSP account at the end each business day
Reconsidering Your Mix of TSP Funds During a Volatile Market
A retired federal employee and long-time Thrift Savings Plan multimillionaire shares it might be a good time for Thrift Savings Plan participants to reconsider their mix of funds and why it’s a “perfect buying opportunity.”
Understanding the Volatility of TSP Share Prices and the Benefits of Dollar-Cost Averaging
In a volatile market, many TSP investors become increasingly fearful of how much, when, where and even if they should continue contributing in the TSP. Learn how dollar-cost averaging can potentially work in your benefit over the long haul
2026 Federal Pay Raise Proposed at 4.3%
If passed, the Federal Adjustment of Income Rates (FAIR) Act would give a 2026 federal pay raise including an overall average 3.3% increase in base pay with 1% for locality pay
Bill Reintroduced to Eliminate Income Tax on Social Security Benefits
If passed, the Senior Citizens Tax Elimination Act (HR 1040) will amend the Internal Revenue Code to eliminate Social Security benefits in an individual’s gross income. A senior group estimates the annual tax savings per household and the possible impact on future cost-of-living adjustments (COLAs)
Social Security Says It Could Take More Than One Year to Implement Repeal of WEP, GPO
The Social Security Administration provided a Q&A on how the new law affects many beneficiaries including information on Medicare premium payments
Trump Administration Offers ‘Deferred Resignation’ to Most Federal Employees
The “Deferred Resignation Program” email states those federal employees receiving the offer must resign by February 6. A Q&A on the program is provided