OPM Announces Faster, Paperless Options for Federal Retirees

OPM Announces Faster, Paperless Options for Federal Retirees

Washington, DC — The US Office of Personnel Management (OPM) today announced two new online tools designed to make retirement services ...
OPM bringing protections for data breach victims to an end

OPM bringing protections for data breach victims to an end

Current and former federal employees affected by the massive 2015 Office of Personnel Management data breach may be losing their ...
Retired federal workers waiting months for pension checks

Retired federal workers waiting months for pension checks

OPM said the average processing time was 76 days in September, up from 70 days in August and 59 days ...
Annual Cost-of-Living Adjustment Provides Relief from Rising Prices, But Falls Short for FERS Retirees

Annual Cost-of-Living Adjustment Provides Relief from Rising Prices, But Falls Short for FERS Retirees

Yet, with inflation above 2%, FERS retirees will have their COLAs capped, reducing the real value of their annuities. Inflation impacts these FERS ...
Lifecycle Funds Help Smooth over Flaws in Retirement Saving, Says Report

Lifecycle Funds Help Smooth over Flaws in Retirement Saving, Says Report

In the federal TSP program, one reason such funds were introduced was that many investors tended to sell stock holdings ...
TSP Takes Step toward Upcoming In-Plan Roth Conversions

TSP Takes Step toward Upcoming In-Plan Roth Conversions

The TSP has proposed rules to carry out the previously announced authority beginning in calendar year 2026 for investors to ...
Over 30K TSP Accounts Have Crossed the Million Mark in 2025

Over 30K TSP Accounts Have Crossed the Million Mark in 2025

The number of TSP account holders with balances of at least $1 million continued to climb in the calendar quarter ...
This Time It’s Different, OPM Director Says of Latest Effort on Retirement Processing

This Time It’s Different, OPM Director Says of Latest Effort on Retirement Processing

OPM director Scott Kupor has expressed confidence that an administration initiative to address the long-recognized issue of delays in processing ...
TSP funds continue to tick upward in September

TSP funds continue to tick upward in September

Each of the portfolios in the federal government’s 401(k)-style retirement savings program increased in value in September, marking the second ...
TSP operations during a lapse in appropriations (government shutdown)

TSP operations during a lapse in appropriations (government shutdown)

The TSP will continue its normal daily operations in the event of a lapse in appropriations ...