Understanding FERS Contribution
In October of last year, there were slight changes to the amount agencies contribute to the Federal Employee Retirement System (FERS). Employees and the US government fund the rest.
In October of last year, there were slight changes to the amount agencies contribute to the Federal Employee Retirement System (FERS). Employees and the US government fund the rest.
• Which federal employees are eligible for the Federal Employee Group Life Insurance (FEGLI) program? • What to know about dropping and adding FEGLI coverage. • When should feds look…
TSP’s low expense ratios saw a significant uptick starting in 2018. Now the net expense ratio is at its lowest point since before 2020, but still well above 2019 levels.
• A congressman since 2008, Gerry Connolly has been a fighter for the federal workforce • Along with introducing the FAIR act every year, there are numerous bills he has…
Wrap-up of news from around the federal government- first, update on looming shutdown threat.
• The FAIR Act has been introduced – pushing for a 7.4% raise for feds. • This is the first indicator of the 2025 pay raise until the white house…
• A basic overview of FEGLI and how it works- • Understanding what happens to FEGLI after retiring from federal service • One thing to avoid – don’t drop coverage…
• Everything you need to know about the change coming in 2026 thanks to the SECURE Act 2.0 • The good, the bad, and the ugly – we take a…
• Understanding deferred and postponed FERS retirement and retiring early. • What is the cost of 2 extra years of working? (60 vs. 62) • Learn more about age reduction…
A round-up of news from around the federal government: COLA for FECA recipients.