comparing CSRS to FERS certainly attracted a lot of feedback. I expected some skepticism, but not the level of hostility in some of the responses. I was trying to make FERS employees feel better about ...
The same inflation that continues to take a toll on household finances resulted in a historic 2023 cost-of-living adjustment increase. The 8.7 percent COLA is the largest in 42 years and will boost ...
A new bill has been introduced in Congress that would increase the annual cost of living adjustment (COLA) for retired federal employees under the Federal Employees Retirement System (FERS) in some ...
Each year, retired Social Security recipients are automatically eligible for a cost-of-living-adjustment (or COLA) to their benefits to compensate for inflation — but not all COLAs are created equal.
Federal employee benefits are controlled by the Federal government through laws adopted by Congress and promulgated in the Code of Federal Regulations. Anyone who serves Federal Employees in ...
I am a Federal Employee Retirement System worker who converted from the Civil Service Retirement System. Under FERS, the only sick leave that I can convert for retirement is 100 hours that I built up ...
US News. Stimulus Check LIVE Updates: The checks, refunds and Child Tax Credit payments coming this December 4th Stimulus Check Update: Which states have checks or other benefits? By 2022, average ...
Determining whether a Civil Service Retirement System (CSRS) retiree can collect spousal Social Security benefits isn't always easy. Typically, because those under CSRS do not pay into Social Security ...
The Social Security Administration announced Wednesday that the annual Social Security cost-of-living adjustment will be 5.9%, giving federal retirees the highest annual benefit increase in 40 years ...
In this example, FERS comes out slightly ahead of CSRS. But consider the following factors that could change the situation: At the same time, there are also some reasons why someone might be happier ...