Federal employees have access to federal employee retirement plans and benefits that are changing constantly. The news and information related to these plans impact both the Federal Employee and Retirees along with their families but being the largest workforce on the planet, it also impacts overall US economy as well. Stay updated with the federal employee retirement news and information and know more about what is happening in your world.
Thrift Savings Plan (TSP) News
TSP Updates, and TSP Fund Information
Federal Employees’ Group Life Insurance (FEGLI) News
FEGLI rates changes and benefit information
Federal Employee Health Benefits (FEHB) News
FEHB and related health insurance news, such as Obamacare (Affordable Care Act), etc.
And much, much more
Americans Need Better Financial Planning and build hefty retirement benefits & an emergency fund soon to avoid being penniless in retirement.
An IG report has highlighted the flaws of SBA in implementing an early federal retirement program and the agency has agreed to its recommendations.
OPM has made progress on clearing the mounting backlog of federal retirement claims in May 2017 but it has failed to reach the target of 13,000 claims.
US Supreme Court has recently ruled that church-affiliated hospitals can be excused from the demands of the federal retirement income law.
People are putting words to their thoughts on proposals to reduce federal employee benefits and federal retirement benefits by writing letters.
When it comes to the FEGLI, there are some common questions that arise time and time again but perhaps none quite as much as ‘is it the right time in my career/life for FEGLI?
If you are currently going through the process of planning your retirement, you will need to submit a complete federal retirement application
The House’s recess has just started and will continue until after Labor Day – the Senate isn’t that far behind. Moreover, as of now, there has been no floor vote taken in regards to a budget plan that would cut federal retirement benefits, as suggested by the Trump Administration.
New TSP investment and withdrawal options hopefully come with extra financial stability and as well as better comprehension of the provisions of the federal retirement plans.
Indiana Republican Rep. Todd Rokita introduced legislation once again that would classify new federal employees as “at-will.”
The Securities and Exchange Commission (SEC) has warned investors and participants in the Thrift Savings Plan about a scam directed at federal employees by former members of the Federal Employee Benefits Counselors organization.
The Women in Federal Law Enforcement (WIFLE) recently met in Houston for the yearly leadership training conferences and offered good insight into the importance of retirement planning for federal employees.
The phased retirement program has not been as successful as the Government Accountability Office (GOA) wanted because the number of people enrolled is still very less, but the increase to 259 from a mere 90 in August 2016 can be considered to be a significant improvement.
The problem which has been pointed out is quite simple to understand; getting federal workers to pay more for the retirement benefits for people in the future means that overall whatever will be obtained from the new policy will be quite redundant.
State to are faced with uncertain times – will the government pay the funds needed to assist consumers in paying for their coverage on the Affordable Care Act exchanges?
While the bill, which would create major changes to federal retirement benefits, has been deemed a GOP bill, it does not come from the House or the White House. However, that has not stopped nine Republicans and the House Democrats from distancing themselves from the plan
The TSP Modernization Act of 2017, as well as several other bills, was recently passed by the Senate Homeland Security and Government Affairs committee
The Republican Study Committee published a new report that relates to the 2018 federal budget and the impact to Federal Retirement Benefits.
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