Understanding Congress’s 2025 Proposals Congress is considering measures to reduce the value of federal employee retirement and benefits, primarily to achieve budget savings. The proposed cuts would significantly impact both FERS and FEHB programs. In April...
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....
In a remarkable turn of events, 2024 has ushered in the highest federal pay raise in over four decades. This development, marking a historic 5.2% increase, stands out as the most significant since the era of President Jimmy Carter, 43 years ago. President...
In a significant update for 2024, the Office of Personnel Management (OPM) has enhanced the Federal Employees Health Benefits (FEHB) program by integrating more Medicare Part D options. This initiative, driven by OPM’s encouragement earlier in 2023, aims to...
