Government Executive

How federal retirement benefits have changed over the years

From FERS to TSP to recent legislation, decades of policy shifts have reshaped how federal employees earn, save for and receive retirement benefits.

Army Reservist receives Purple Heart as she retires, a decade after combat

I remember initially thinking, ‘I don't deserve a Purple Heart,’” said Sgt. 1st Class Christina Larson. “What do I get a Purple Heart for? I have all my limbs. I'm not in a wheelchair.” ...

'We're living the simple life': I was a fisherman and my wife was a nurse. We retired with $6 million. Here's how we did it.

Long before our net worth grew to well over $6 million, my wife and I made it a practice to donate 20% of our gross personal income to charity. (Not to random charities with high expense ratios, or to ...