A federal employee with 30 years of service and a $90,000 high-3 average salary receives only $27,000 annually under FERS, just 30% of pre-retirement income. To bridge that gap, employees must ...

Electing the $58,000 single-life FERS pension and buying a $300,000 20-year term policy for ~$3,200 annually nets roughly $2,800 more per year than the joint-and-survivor option. The pension max ...

Be careful what you wish for. This idea, often explored in fiction, lies at the center of “Obsession,” Focus Features‘ new horror film from writer/director/editor Curry Barker. The movie follows Bear ...

The U.S. Postal Service announced on Thursday that it will temporarily stop making employer contributions to the Federal Employees Retirement System (FERS) defined benefit plan. This decision was made ...

The U.S. Postal Service is suspending its contributions to the Federal Employees Retirement System, a pension plan for its workers and other civil servants, as the agency struggles with mounting ...

From FY1970 to FY1985, the number of people receiving federal civil service annuities rose from fewer than 1 million to nearly 2 million, an increase of 105%. Between FY1985 and FY2022, civil service ...

Background: FERS Annuity Supplement Most federal employees are covered by FERS which is made up of three components: (1) Social Security benefits, (2) a Thrift Savings Plan (a retirement savings and ...

“The Long Walk” adaptation made a few key changes to the Stephen King story that might catch some fans off guard. The biggest change of the film came in the final moments. The winner of “The Long Walk ...

Weapons is a layered story told through different character perspectives, with a compelling metaphor at the heart of the film. In the very first scene, Weapons jumps right into its terrible ...

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