A few weeks ago, I wrote about the potential changes to federal retirement benefits that are included in proposed legislation that is moving through Congress. The key word is “proposed” because since ...
The FERS basic retirement benefit often includes a “supplement” to take the place of a Social Security retirement benefit when an employee retires with an unreduced, immediate benefit, but is younger ...
A 30-year FERS employee earning $90,000 retires on just $27,000 annually, which represents 30% of pre-retirement income, and faces COLA increases capped below Social Security by statute. Federal ...