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Bill aims to close retirement loophole for federal first responders

Firefighters in Los Padres National Forest. (Image credit: Joseph Sohm / Shutterstock.com) By Natalie Alms | Feb 01, 2021 A bipartisan bill introduced in the House and Senate would change the retirement classification of injured federal first responders who return to work in a different type of federal position. Currently, when a federal first responder…

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Most TSP Funds Stumble to Start 2021

All but two of the portfolios in the federal government’s 401(k)-style retirement savings program lost ground for January. ERICH WAGNER | FEBRUARY 1, 2021 The federal government’s 401(k)-style retirement savings program got off to a rocky start in 2021, as most of its portfolios ended January slightly in the red. The small- and mid-size businesses…

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AARP Answers: Federal Retirement and the Coronavirus

What government employees need to know about their benefits by Dena Bunis, AARP, Updated February 2, 2021  I’m a retired federal employee. Will I continue to get my monthly benefits? Yes. According to the U.S. Office of Personnel Management (OPM), the pandemic has not affected the agency’s ability to provide on-time payments to federal retirees. Will…

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Lawmakers Push for Increases in Feds’ Leave, Retirement Benefits

ERICH WAGNER | FEBRUARY 3, 2021 At the start of a new session of Congress, lawmakers often introduce—and reintroduce—a flurry of bills related to federal employees’ pay and benefits, and this year has been no exception. Last month, Rep. Gerry Connolly, D-Va., and Sen. Brian Schatz, D-Hawaii, reintroduced their annual pay raise legislation. In this year’s iteration of the…

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