Tag

Retirement

All articles tagged with #retirement

NALC Urges Congressional Action as USPS Pauses FERS Contributions
labor1 day ago

NALC Urges Congressional Action as USPS Pauses FERS Contributions

The Postal Service will temporarily pause employer contributions to the defined-benefit portion of the Federal Employees Retirement System (FERS) through the end of the fiscal year due to financial constraints, with no immediate impact on current or future retirees. NALC blames Congress for inaction and urges policy changes—such as a new USPS retirement-investment strategy, a fair recalculation of Civil Service Retirement System obligations, and higher borrowing authority—to prevent future pauses and protect jobs, retirements, and reliable service.

Ovechkin defers NHL return, weighing health and future options
sports-hockey2 days ago

Ovechkin defers NHL return, weighing health and future options

Alex Ovechkin hasn’t decided on a 2026-27 return and will wait until summer to consult Capitals ownership and staff. At 40, health is a major factor as he weighs retirement after 21 NHL seasons, a possible re-signing with Washington, or finishing his career in Dynamo Moscow (KHL); the Capitals will support his decision, and there may be no formal farewell if he departs.

Lions Reclaim Part of Ragnow's Signing Bonus After Retirement
sports11 days ago

Lions Reclaim Part of Ragnow's Signing Bonus After Retirement

The Detroit Lions required center Frank Ragnow to repay a portion of his signing bonus after retirement; Lions president Rod Wood says this is a longstanding precedent dating back to Barry Sanders and Calvin Johnson, and with Ragnow’s $6 million signing bonus and two years left on his contract at retirement, about $3 million was owed, a sum tied to the team recovering money paid in advance for services not rendered.

Streveler hangs up the cleats after 31-year NFL/CFL run
sports11 days ago

Streveler hangs up the cleats after 31-year NFL/CFL run

Former Jets and Cardinals quarterback Chris Streveler announced his retirement at 31, ending a career that included nine NFL games (one start with the Jets in 2022, 27-of-40 for 231 yards and a TD, 16 carries for 75 yards) and a CFL Grey Cup-winning run with Winnipeg. After two ACL tears and frequent team changes, he posted a grateful Instagram note, signaling the end of a journey that also featured college stints at Minnesota and South Dakota and a brief Dolphins tryout in 2022.

Labor Department to widen 401(k) options by welcoming alternative investments
policy11 days ago

Labor Department to widen 401(k) options by welcoming alternative investments

The Department of Labor’s Employee Benefits Security Administration proposed a rule to broaden 401(k) investment options by creating process-based safe harbors that guide fiduciaries to objectively evaluate alternative assets—assessing factors like performance, fees, liquidity, valuation, benchmarks, and complexity—while staying within ERISA prudence. Aimed at more than 90 million Americans, the rule signals a neutral, rule-based approach to diversify retirement lineups and follows related executive orders and prior guidance shifts.

Verstappen weighs 2026 retirement amid F1 rule backlash
sports12 days ago

Verstappen weighs 2026 retirement amid F1 rule backlash

Max Verstappen said he is considering retiring from Formula 1 at the end of 2026, citing a lack of enjoyment due to controversial new regulations and the sport’s direction, even as his lucrative Red Bull contract and earnings place him among F1’s wealthiest; he emphasizes family time and personal happiness over chasing results, potentially leaving the sport as one of its most decorated drivers.

Nelly Furtado Receives Trailblazer Award at Toronto Event After Retirement Reveal
entertainment13 days ago

Nelly Furtado Receives Trailblazer Award at Toronto Event After Retirement Reveal

Five months after publicly announcing her retirement from performance, Nelly Furtado attended a Toronto Women for Women event where she was honored with the 2026 Trailblazer award for her advocacy and music; she walked the pink carpet in an all-black suit, and the appearance follows recent discourse around body-shaming she has publicly addressed by promoting body neutrality.