Federal employees have several retirement savings benefits at their disposal. The author explains how these can work together to create a full retirement income.
What penalties would I face if I retire at 62 years old but have less than 20 years in service?
Lawmakers in both the House and Senate recently sent letters expressing their concerns to proposals to cut federal employees’ benefits.
The House Budget Committee’s 2018 budget proposal suggests reforming civil service pensions to “put them on a better fiscal path.”
Legislation has been introduced to cut the mandatory amount some federal employees contribute to their retirement programs by 3.6%.
Legislation introduced in the House would make retired federal employees’ pensions public information.