The 'One Big Beautiful Bill' could impact your finances through tax and social program changes. While it doesn’t directly ...

The Senate Homeland Security and Governmental Affairs Committee has released its version of a key spending bill that would ...

The Senate parliamentarian previously ruled that most of the proposals aimed at cutting federal employees’ retirement ...

The changes come after the Senate parliamentarian said several proposals from the Homeland Security and Governmental Affairs Committee violated the Byrd Rule.

The Senate parliamentarian rejected a GOP attempt to make new federal employees opt to become at-will or face a 10% addition to their FERS contribution rate.

FERS does not cover employees of state or local governments. The Bottom Line Employees eligible for the Federal Employees Retirement System (FERS) receive benefits from three separate plans.

Free Federal Retirement Benefits Training. Join Our Free Webinars. Learn Everything You Need to Know About Your Federal Employee Benefits. At FEBA, we offer online webinar training, ...

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll ...

Federal retirement process goes digital at last Federal employees will no longer be able to file on paper from next month. JUN 03, 2025 By ...

The FERS contribution rate is currently a tiered system based on the employee’s hire date. Employees hired on or after January 1, 2014, contribute 4.4% of their salary.

The FERS change could reduce take-home pay for certain workers considerably. For someone at the bottom end of the federal pay schedule making just under $28,000 a year, ...