FEDERAL

The federal government again processed a high number of retirement applications last month, even though its overall pace slowed.

Federal employees do a great job saving for retirement in the Thrift Savings Plan, and the numbers prove it

Whether past or present, much of the retirement information that we have is learned from conversations that are passed around among employees who read something or heard something from a “reliable” source. 

The Office of Personnel Management, which oversees health insurance for 8 million federal workers and their families at a cost of more than $60 billion a year, has never checked the eligibility of those on its rolls, according to a report from the Government Accountability Office

A pair of House Democrats on Monday introduced legislation aimed at ensuring victims of the 2015 Office of Personnel Management data breach remain protected for the rest of their lives.

Required Minimum Distributions are mandatory annual withdrawals from certain retirement accounts, enforced by the federal government once you reach a specific age.

The federal government’s 401(k)-style retirement savings program had a bit of a bump start to 2024, as only two of the Thrift Savings Plan’s five core offerings finished January in the black.

The Office of Personnel Management made some of its best progress at reducing the number of pending retirement applications from federal workers last year, reducing the backlog by 34% in 2023 and breaking multiple recent records in the process.

Extreme heat took an awful toll on workers in 2023, causing illnesses and deaths in Texas, Illinois, Tennessee, North Carolina, and beyond.