A federal employee with 30 years of service and a $90,000 high-3 average salary receives only $27,000 annually under FERS—30% of pre-retirement income—because the formula pays just 1% per year of ...

Forbes contributors publish independent expert analyses and insights. I am the Executive Chairman of Diversified, a CFP and author. Without the right protection in place, even the most well-crafted ...

With additional education, broader allocation strategies may enter the conversation, allowing individuals to evaluate how ...

Microsoft is reportedly introducing a one-time voluntary retirement program for US employees, potentially impacting up to 7% of its workforce. This marks Microsoft's first voluntary redundancy offer ...

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the ...

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 ...

OTTAWA — Thousands of federal public servants have applied for early retirement since the program was launched late last month. Mohammad Kamal, spokesperson for the Office of the President of the ...

The US retirement system appears stable on the surface, but underneath, significant shifts are taking place. Constant turnover in plans, substantial asset outflows, and evolving investment trends are ...

A one-time voluntary retirement program that prohibited employees from defaming, disparaging or making negative statements about Indiana University will end in May 2026, according to an IU ...