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.
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.
Rep. Gerry Connolly, D-Va., an advocate for improving federal employee pay and benefits, will lead Democrats on the House Oversight and Accountability Committee as ranking member when the new Congress…
Republican Congressman Mark Alford has touted raising the retirement age to help cut federal government costs.
