Proposed Changes To Federal Retirement Benefits: What You Need to Know

The federal workforce faces uncertainty with the proposed changes to federal retirement benefits currently under review by Congress. These changes could drastically affect how retirement is calculated, especially for those under the FERS system. From increased contributions to the possible elimination of supplements, the scope of fers retirement changes is broad. Many are concerned about how these changes to FERS will impact their long-term financial stability. As these proposed changes to federal retirement benefits progress, it’s crucial to stay informed and plan accordingly.