GAO - Improper Payments: Information on Agencies' Fiscal Year 2024 Estimates

GAO – Improper Payments: Information on Agencies’ Fiscal Year 2024 Estimates

For fiscal year 2024, 16 agencies reported a total estimated $162 billion in improper payments across 68 programs ...
Retirees impacted by WEP and GPO to receive retroactive payments sooner than expected

Retirees impacted by WEP and GPO to receive retroactive payments sooner than expected

Social Security beneficiaries impacted by the Windfall Elimination Provision and the Government Pension Offset may begin receiving their one-time retroactive ...
Senate Dem reintroduces Equal COLA Act, and more

Senate Dem reintroduces Equal COLA Act, and more

The Equal COLA Act (S. 624) would stipulate that enrollees in both the Civil Service Retirement System and the Federal ...
Senators Want Social Security Fairness Act Implemented ‘Immediately’

Senators Want Social Security Fairness Act Implemented ‘Immediately’

The Social Security Fairness Act should be implemented “immediately” according to a Feb. 6 letter from 28 senators to the acting commissioner ...
Social Security Fairness Act Benefit Increases Could Take a Year

Social Security Fairness Act Benefit Increases Could Take a Year

The Social Security Administration said Friday that under its current budget, it could take more than a year to adjust ...
Bill Reintroduced to Improve COLAs for FERS Retirees

Bill Reintroduced to Improve COLAs for FERS Retirees

On January 16, Representative Gerry Connolly, D-VA-11, reintroduced the Equal COLA Act, H.R. 491, to provide Federal Employees Retiree System ...
TSP January processing schedule

TSP January processing schedule

In mid-January, the TSP will mail IRS Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., ...
President Biden is scheduled to sign H.R. 82 into law on Monday, January 6, 2025

President Biden is scheduled to sign H.R. 82 into law on Monday, January 6, 2025

This landmark legislation represents a significant victory for public safety officers and government employees, as it repeals the unfair Windfall ...
TSP will continue its normal daily operations in the event of a lapse in appropriations (government shutdown)

TSP will continue its normal daily operations in the event of a lapse in appropriations (government shutdown)

TSP will continue its normal daily operations in the event of a lapse in appropriations ...
Bill to repeal windfall elimination provision clears a key Senate hurdle

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 ...
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