The House Budget Committee has approved a budget outline that would require substantial cuts to numerous government programs, including most likely federal employee retirement and health insurance benefits.
Learn more at the link about the steps the Social Security Administration (SSA) is taking to implement the law
The Social Security Administration said Friday that under its current budget, it could take more than a year to adjust benefits and pay all retroactive benefits under the Social Security…
On January 16, Representative Gerry Connolly, D-VA-11, reintroduced the Equal COLA Act, H.R. 491, to provide Federal Employees Retiree System (FERS) employees full cost-of-living adjustments (COLAs) to their federal annuities.
Postal Service employees can contribute as much as $23,500 to the Thrift Savings Plan in 2025, up from $23,000 in 2024.
President Joe Biden signed the Social Security Fairness Act into law Sunday afternoon, the final step needed for nearly 3 million public sector employees, retirees, spouses and surviving spouses to…
In mid-January, the TSP will mail IRS Form 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., to participants who received a withdrawal and/or a taxed…
This landmark legislation represents a significant victory for public safety officers and government employees, as it repeals the unfair Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) in the…
Senate passage came after the House overwhelmingly passed the bill on Nov. 12. The bill will now be sent to President Biden’s desk, where it awaits his signature to become…
TSP will continue its normal daily operations in the event of a lapse in appropriations.
