Chairman Ross, Ranking Member Lynch and Members of the Committee, Thank you for offering me the opportunity to testify with regard to federal employee retirement benefits. My name is Andrew Biggs and ...

FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is age ...

Most feds are pleasantly surprised when they calculate their (gross) FERS pension for the first time. But most are then shocked at all the things that will need to come out of their pension before ...

Every once in a while, I meet a federal employee who is about to make a critical irrevocable decision that may not be in their best interest. It’s usually because they’re missing important pieces of ...

Many Americans underestimate the value of a pension. A pension provides monthly income for life. Whether the monthly income is enough to live on or simply supplement other sources of income, the value ...

House Republicans have revised key parts of their proposed spending cuts targeting federal employee retirement benefits, softening some of the most controversial measures in response to internal ...

While many Americans struggle to save for retirement, elected representatives and senators in the U.S. Congress receive ...

Learn how a Court Order Acceptable for Processing (COAP) divides federal benefits, including retirement and survivor annuities, for ex-spouses or dependents of U.S. federal employees.