Retirement Benefits
Bill to repeal windfall elimination provision clears a key Senate hurdle
The Senate voted 73-27 to invoke cloture on the Social Security Fairness Act, clearing the way for a final vote to pass the bill later this week.
Schumer tells feds he’ll call a vote on windfall elimination provision repeal
The Social Security Fairness Act, which would repeal to controversial tax provisions affecting some federal workers and retirees, has 63 sponsors in the Senate, more than the 60 votes needed to force a vote on the measure.
Open season and tax savings
Monday is the last day to enroll in or make changes to your benefits for 2025. What are you doing this weekend?
Nearly every TSP fund rebounded in November
Only one of the portfolios in the federal government’s 401(k)-style retirement savings program lost value last month.
Look before you leap into a private sector job
It might not be the win you think it is when you do the math.
Retirement decisions that can't be reversed
Here are the retirement decisions that require careful consideration since they cannot be changed.
House passes a bill eliminating tax provisions that harm some federal retirees
Despite solid bipartisan support, the Senate could run out of time to approve the legislation.
OPM’s retirement backlog ticked up slightly last month, though other metrics improved
Statistics measuring the federal government HR agency’s performance in processing departing federal workers’ retirement claims remained stable following the backlog’s removal from OPM’s list of top management challenges.
The House finally appears set to repeal the WEP and GPO
Lawmakers in September successfully triggered a discharge petition to force a vote on legislation to get rid of the controversial tax provisions affecting some feds’ retirement benefits.
A primer on the FERS supplement
The Federal Employees Retirement System supplement can get complicated, so we answer some of your key questions about it.
Most TSP funds took a tumble in October
Only two portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the black, ending a three-month run of gains.
Featured eBooks
Your Open Season Q&A
Open Season begins on Nov. 11 for active and retired federal and postal employees. Let's get you ready.
Revisiting the WEP and GPO
How the Windfall Elimination Provision and the Government Pension Offset cause substantial, and often, unfair reductions in Social Security benefits for CSRS retirees.
10 important facts about Medicare
Some things you need to know when approaching Medicare eligibility.
Time for the fall deadlines
A checklist to help you prioritize as you sort through your federal retirement and insurance benefits.
Cost-of-living adjustments will decline for federal retirees again in 2025
For the second straight year, former federal workers will see a smaller increase to their defined-benefit annuities in January, with FERS retirees set for a 2% increase and CSRS annuitants a 2.5% bump.
End-of-year retirement planning for federal couples
Spouses who both work for the federal government can have some unique quandaries when it comes to planning for their retirement and health care benefits.
TSP continues upward trek for third straight month
Each portfolio within the federal government’s 401(k)-style retirement savings program saw modest gains in September.
The best dates to retire in 2025
Your annual guide to choosing an optimal day to start the next phase of your life.
Why do employees want to be feds? Benefits are a big reason
In a 2023 OPM survey, 90% or more of federal employees said that the availability of health and retirement benefits are important to them.
