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  2. Millions Of Americans Could Get Up To $1,000 A Year ... - AOL

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    A new federal retirement savings program could boost wealth by up to 12% for eligible Americans, with single women and minorities standing to gain the most, according to a Morningstar report last ...

  3. IRS employees accept OPM federal worker buyout; How the 2025 ...

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    Feb. 6 marked the deadline for federal workers to accept the U.S. Office of Personnel Management (OPM) and the Trump Administration's offer of a buyout. These buyouts, or the option of "deferred ...

  4. Here are all the agencies federal workers are being fired from

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    Department of Homeland Security. At least 405 employees have been cut from the Department of Homeland Security, a DHS official told ABC News.. The bulk of the cuts were at the Federal Emergency ...

  5. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:

  6. Federal Retirement Thrift Investment Board - Wikipedia

    en.wikipedia.org/wiki/Federal_Retirement_Thrift...

    Since July 2022, federal employees have the option of investing in mutual funds that have holdings in sanctioned Chinese companies. [14] In November 2023, the Federal Retirement Thrift Investment Board switched the index for its international fund to one that excludes investments in companies in Hong Kong and mainland China. [15]

  7. Government workers on the prospect of DOGE-fueled layoffs ...

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    They said federal employees who were laid off would be offered early retirement. At a town hall in October, Musk said he would consider giving laid-off workers up to two years' severance.

  8. 2025 US federal deferred resignation program - Wikipedia

    en.wikipedia.org/wiki/2025_US_federal_deferred...

    A lawsuit filed by federal employee unions alleged that the deferred resignation offer violates the Administrative Procedure Act. [ 31 ] [ 32 ] On February 6, 2025, Judge George A. O'Toole Jr. of the U.S. District Court for the District of Massachusetts placed the deadline on hold pending a February 10 hearing.

  9. White House offers 2 million federal employees financial ...

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    NBC News cited a senior administration official who estimated that 5%-10% of the federal workforce could quit, leading to $100 billion in savings, a figure Reuters could not verify.