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 age ...

Last week, I provided an overview of the Federal Employees Retirement System annuity supplement. This week, let’s take a closer look at how the supplement is calculated, and how it can change over ...

Chairman Ross, Ranking Member Lynch and Members of the Committee, Thank you for offering me the opportunity to testify with regard to federal employee retirement benefits. My name is Andrew Biggs and ...

One of the unique features of the Federal Employees Retirement System is the supplement it offers to younger retirees. About 40 percent of FERS retirees receive the supplement in addition to the FERS ...

There are still large blocks of state and local employees – like teachers in some states, and firefighters and police officers in other states – who are not covered by the Social Security ...

I am a Federal Employee Retirement System worker who converted from the Civil Service Retirement System. Under FERS, the only sick leave that I can convert for retirement is 100 hours that I built up ...

The President’s budgets for fiscal years 2019-2021 have proposed several reforms for the Federal Employees’ Compensation Act (FECA), including reducing disability compensation at retirement age. FECA ...

There are plenty of retirement plans for workers: 401(k)s and pension plans set up through your employer, IRAs you can manage on your own and Social Security benefits available to every American who’s ...

DUNEDIN, USA, September 13, 2022 /EINPresswire.com/ -- The Federal Employee Retirement System (FERS) is a retirement system that provides benefits to eligible federal ...