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The two main factors that affect the value of your federal retirement benefit are your high-three average salary and your length of creditable service. The first is straightforward, but the second can get confusing.
The agent shot a Venezuelan man who was resisting arrest, an official said. Protesters and law enforcement officers clashed for hours, as city officials urged people to go home.
The Justice Department has subpoenaed the Fed over Chair Jerome Powell's testimony over the central bank's headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the dual mandate and what it means.
President Trump has declared that Christmas Eve and Dec. 26 will be federal holidays this year, meaning that federal departments and agencies will be closed. According to an executive order issued last week, agencies may require certain federal employees ...
Millions of federal employees are currently facing job uncertainty due to recent moves by the Trump administration, including deferred resignation offers and proposed spending freezes affecting federal grants and loans. While the situation is complex, some ...
The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.
A few weeks ago, I wrote about the potential changes to federal retirement benefits that are included in proposed legislation that is moving through Congress. The key word is “proposed” because since that column, there have been some changes in the bill.
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Powell was responding to grand jury subpoenas delivered to the Federal Reserve related to his congressional testimony regarding construction work at the Fed headquarters.
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