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

The Federal Employees Retirement System (FERS) is a defined-benefit retirement plan for civilian employees of the federal government. The program went into effect in 1987 and replaced the Civil ...

The Federal Employees Retirement System, or FERS, is the retirement plan for all civilian employees in the U.S. federal government. With FERS, ...

Under language released by a Senate panel Thursday night, new federal workers who decline to serve as at-will employees will ...

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

The most significant measure approved by the committee would raise the Federal Employees Retirement System contribution rate for many current civilian and postal employees to 4.4% of their salary.

If they want to retain workplace protections, however, the alternative would be to pay 5 percentage points more (for a total of 9.4%) into the Federal Employees Retirement System, even if they won ...

In January 2025, OPM received over new 16,000 retirement claims and processed 6,700. January usually sees an influx of retirement applications; the month before, OPM received 5,020 and processed ...

The Federal Employees Retirement System, or FERS, is the retirement plan for all civilian employees in the U.S. federal ...