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 ...
With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the retirement process.
In June 2025, early versions of a sweeping legislative package known as the One Big Beautiful Bill Act (OBBBA) sparked concern among federal workers and retirees with or without Social Security.
This is a sponsored column by attorneys John Berry and Kimberly Berry of Berry & Berry, PLLC, an employment and labor law firm located in Northern Virginia that specializes in federal employee, ...
The Federal Employees Retirement System (FERS) provides retirement and disability benefits to eligible workers. If you become disabled, you may be eligible to receive FERS disability retirement ...
Scott Kupor, the new director of the Office of Personnel Management, publishes weekly updates on OPM and the federal workforce in his blog, Secrets of OPM. In September, Kupor reported that he went ...
How do you perceive your retirement preparedness? Does it match with reality? Will you be able to maintain your standard of living in retirement? These are all important questions to consider as you ...
FERS noted that many federal employees do not ponder or prioritize retirement planning. They believe it is far away, so they do not bother with it yet. They want to educate employees by letting them ...
Again, since 1984, they have been.) The new retirement program that Congress set up was called the Federal Employees Retirement System, or FERS. And they gave all old government employees hired before ...
The United States federal government is the largest employer in the country. Even though career employees have an amazing set of benefits, in my experience serving as a financial consultant for ...
Federal employee benefits are controlled by the Federal government through laws adopted by Congress and promulgated in the Code of Federal Regulations. Anyone who serves Federal Employees in ...