Pay & Benefits

Some Feds Fear They Might Not Get That Pay Raise Now That the Debt Deal is Inked

“The new debt ceiling deal could somehow encourage some in Congress to try for a limitation of 1% or something very low. This would be a huge problem,” says one fed union leader.

Pay & Benefits

TSP Participants Sue Agency Over ‘Botched’ Recordkeeper Transition

A class action lawsuit filed last week alleges that the federal government’s 401(k)-style retirement savings program repeatedly failed to pay out participants’ withdrawal and loan requests for months following the transition to a new recordkeeping vendor.

Pay & Benefits

Why Every Federal Employee Should Consider a Health Savings Account

The annual HSA contribution limit is increasing in 2024. Here are some of the benefits of having one.

Pay & Benefits

TSP Portfolios Report a Mixed Bag of May Returns

Most of the funds in the federal government’s 401(k)-style retirement savings plan finished last month down, amid concerns that the United States could breach the debt limit.

Pay & Benefits

So Many TSP Choices

When it comes time to start taking Thrift Savings Plan disbursements, you have options. Lots of options.

Pay & Benefits

OPM Wants to Do More for Federal Workers' Wellness

An initiative to “revitalize” employee assistance programs across the federal government eyes a more comprehensive approach to promoting federal employees' wellness.

Pay & Benefits

A New Retirement Resource

OPM offers a five-step guide to the sometimes confusing retirement process. 

Pay & Benefits

A Labor Economist Predicts Stability in the Fed Pay Trendline, But With a Big Caveat

“There is always a long lag between when higher inflation starts to eat into a fed paycheck and when that paycheck starts to respond to inflation,” one compensation expert says.

Pay & Benefits

A New Guide to the Retirement Process Could Help Feds Avoid Pitfalls, Manage Expectations

OPM's new three-page guide to the federal retirement process will be updated on a monthly basis to reflect anticipated wait times for federal retirees to begin receiving their annuity payments.

Pay & Benefits

Your Guide to Virtual Retirement Resources

Advances in technology have made it easier to get educated on federal retirement benefits without leaving your computer.

Pay & Benefits

Fed Health Care Changes and the End of the COVID-19 Public Health Emergency

Some over-the-counter and out-of-network coverage may be different now that the pandemic emergency is over.

Pay & Benefits

Fight the Long-Running FEHBP Abortion Ban, Gender Equity Group Urges House Democrats

The Department of Justice Gender Equality Network said the Hyde amendment unfairly makes women’s health care decisions more costly and traumatic, even when covered by exceptions in cases of rape, incest or the health of the mother.

Pay & Benefits

Fed Pay and Benefits Could be Hit Hard by Debt Ceiling Wheeling and Dealing

There are a few scenarios that could be bad for federal workers in the debt ceiling negotiations.

Pay & Benefits

Pay Cuts Have Rural Letter Carriers ‘Scared’ and ‘Outraged’

DeJoy says the situation is “unfortunate” but wasn't his decision and “it is what it is.”

Pay & Benefits

Federal Prison Employees Ask the Supreme Court to Review COVID Hazard Pay Case

Attorneys for nearly 200 U.S. Bureau of Prisons workers in Connecticut said a federal appellate court effectively made it impossible for any federal worker to qualify for hazard pay related to “virulent biologicals” with its interpretation of federal regulations.

Pay & Benefits

Congressional Dems Reintroduce Bill to Revamp Federal Firefighter Pay and Benefits

The Tim Hart Wildland Firefighter Classification and Pay Parity Act would ensure federal wildland firefighters make at least $20 per hour, among other things.

Pay & Benefits

Ditch Salary History When Setting Job Applicants’ Pay, OPM Proposes

Aimed at reducing gender- and ethnicity-based pay gaps, the initiative would also apply tighter guard rails in cases when an applicant has a competing and higher-paying job offer.