Federal workers receive a monthly income in retirement based on specific formulas. While these formulas vary depending on certain factors, income and service years are key components of their ...

With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the ...

Should the Costs of Federal Employee Pensions Be Calculated Differently? A change in methodology could make it easier to understand the long-term impact of proposed reforms to retirement benefits ...

A sweeping proposal could extend Federal Employees Retirement System–level pensions to the private sector, reshaping how ...

For that purpose, the GPSSA has launched the ‘Know Your Law’ awareness campaign in the beginning of the year following the introduction of the 2023 federal pension and social security law, with an ...

For the government, the one-size-fits-all “deeming rates” simplify the way it calculates pensions and other income support ...

Again: Higher risk = higher discount rate. Finally, there’s the Pension Benefit Guaranty Corp., a federal agency that backstops pensions up to a certain amount.