News for the federal worker and those interested in official news of the federal government, federal civilian service employees and civil servants. Various federal news articles with reference citations.
Snippet of Article: "... data represents the total Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) Annuitants added to the Annuity Roll Processing System (ARPS) from Fiscal Year 2000 to Fiscal Year 2022. These numbers include all employees whose retirement was processed as of September 30. ..."
Source: www.opm.govSnippet of Article: "...Lawmakers have been trying for more than a decade now to address the Windfall Elimination Provision (WEP), a complicated relic from a 1983 law that reduces Social Security benefits for..."
Source: federalnewsnetwork.comSnippet of Article: "...For most retirees, the COLA is a big deal. For some it is financially critical. Health insurance premiums paid by most federal, postal and military retirees are almost certain to go up next year. The new premiums will be made public in November and retirees will have the option to switch to less expensive, but in many cases equally good, plans. But the fact is most don’t. Only a small percentage of workers or retirees change plans each open season. Even though experts say 30% or more should. For retirees the picture is grim. While many should be in less expensive HMOs or the standard option of a plan with multiple choices, most avoid HMOs. Many, if not most, are still in the high option of the plan they were in when they retired, even though its premiums — because it is top-heavy with older, sicker customers — have gone through the roof..."
Source: federalnewsnetwork.comSnippet of Article: "...suggested achieving that goal by increasing required contributions toward retirement benefits and eliminating the “special retirement supplement” paid to those under FERS who retire before age 62 and until that age when they can draw Social Security benefits..."
Source: www.fedweek.comSnippet of Article: "...Edena Wood had thought about it for years but finally decided it was time to leave after nearly 65 years as a federal employee. ..."
Source: www.washingtonpost.comArticle Title: CSRS and annuities
Snippet of Article: "...Q: I’m under the Civil Service Retirement System plan. I would like to know if the retirement contributions, taken out of our checks every payday..."
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