The annual cost-of-living adjustment (COLA) plays a critical role in maintaining the purchasing power of federal retirees. As inflation and living costs shift each year, these adjustments ensure that the benefits of retirees under the Civil Service Retirement System...
Understanding Congress’s 2025 Proposals Congress has passed a budget resolution directing the House Oversight and Government Reform Committee to cut $50 billion in mandatory spending. Then, on April 30, 2025, the committee advanced a legislative package...
As we enter 2025, there are several significant tax law changes that will impact individuals employed by the United States federal government. These adjustments could affect your paycheck, deductions, and overall tax planning, so it’s important to stay informed....
STEP 1: Determine Your Retirement Eligibility What is your Current Age and how many Years of Creditable Federal Service? (Check your Service Computation Date or SCD on your Earnings & Leave Statement) Start at the top of “Requirements” and find your...
What could change with the TSP under this administration? The President of the United States can influence changes to the Thrift Savings Plan (TSP) indirectly through legislative action or by signing bills passed by Congress. However, direct authority to make changes...
In April 2022, the Postal Service Reform Act of 2022 (PSRA) was enacted, marking the start of a collaborative effort between the Office of Personnel Management (OPM) and the United States Postal Service to introduce the Postal Service Health Benefits (PSHB) Program....
