The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and legislative branches of the federal government. Employees under FERS ...

FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is ...

The Arkansas Public Employees Retirement System's investments dropped in value by $1.5 billion in the last fiscal year that ended June 30 to $10.04 billion amid declining stock and bond markets, ...

But 156 of the county government employees are at full retirement age -- about 1 in 11 of all full-time staff. The Porter County Public Library System is losing three employees to the PERF change ...

About one-quarter of state and local government employees—primarily teachers, along with some police officers, firefighters, and general government workers—do not participate in the program.

Currently, federal workers contribute to the retirement system based on their hiring date: 0.8% if hired before 2013, 3.1% if hired in 2013, and 4.4% for most hired since 2014.

The aggressive campaign by public employee unions to return to a defined benefit retirement system must be responded to with a brief history on the facts. The financial burden and ...

Local leaders throughout Mississippi are urging the Legislature to establish $100 million in annual funding for the Public Employment Retirement System of Mississippi during an upcoming special ...

The United States government's Deferred Resignation Program 2.0 (DRP 2.0), is a voluntary program that lets federal employees resign in advance but still get paid and keep benefits until September ...

Tine Leiss, heads the Public Employees' Retirement System of Nevada, which lobbied to seal of the majority of public information about pension recipients. The agency knew of the loophole but has ...

The FERS contribution rate is currently a tiered system based on the employee’s hire date. Employees hired on or after January 1, 2014, contribute 4.4% of their salary.

The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and ...