Trump Administration Proposes Eliminating Pensions for Some New Feds

Snippet of Article: "...Under the new program, those workers would be enrolled in the Thrift Savings Plan, which operates similarly to a private sector 401(k) retirement plan, but would not be eligible for a federal pension..."

Source: www.govexec.com

pensions, Thrift Savings Plan (TSP),

Windfall Elimination Provision News and Reports

Article Title: Windfall Elimination Provision News and Reports

Snippet of Article: "...The windfall elimination provision (WEP) reduces Social Security retirement benefits for most retirees who collect pensions from jobs that were not covered by the program...."

Source: www.retirementsecurity.org