President Trump announces a federal retirement savings plan with a $1,000 match. Will it close the coverage gap?

With so many currently heading for the exit, it’s a good time for federal employees to improve their understanding of the retirement process.

While federal employee benefits can assist beneficiaries in the event of a loved one's death, it's important to understand the rules of those plans and how to best seamlessly apply them to your survivors.

Key Takeaways Standard pension estimates rely on simplified assumptions and may overlook salary changes, service credit, survivor elections and FERS COLA caps.Incomplete projections can lead to undersaving or retiring at the wrong time,

Recent bipartisan bills seek to incorporate skills-based hiring into federal cybersecurity jobs, as well as update caps for employee separation incentives.

A survey shows most workers expect to retire at 65 or later, but many haven’t calculated savings for health care or emergencies.

— -- More than 21,000 retired federal workers receive lifetime government pensions of $100,000 or more per year, a USA TODAY/Gannett analysis finds. Of these, nearly 2,000 have federal pensions that pay $125,000 or more annually, and 151 take home $ ...