Federal Employees Group Life Insurance (FEGLI)
Here’s a simple memory test for you. When did you first become eligible for the Federal Employees’ Group Life Insurance program? The day you started working for the federal government should be the correct response. Unless you formally declined that coverage before the end of your first pay peri…
How will it affect your benefits if lawmakers make significant changes to retirement plans?
Significant adjustments are included in the $1.7 trillion government budget approved by both chambers of Congress last week. These changes are intended to encourage people to increase their retirement contributions. Retirement reform legislation is the first section of the lengthy, 4,155-page st…
Understanding the FERS Annuity Supplement
The special retirement supplement, often referred to as the annuity supplement, is one of the perks of retirement that could be better understood. Many retirees and those getting close to retirement have heard of it, but they know very little about it.
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