Pay & Benefits
Employee Groups Continue to Push for Bigger Pay Raise Following Biden Budget Release
Several organizations representing federal employees announce that they support a 3.2% pay increase next year, rather than the 2.7% boost proposed in the president’s fiscal 2022 budget.
Pay & Benefits
Most TSP Funds Continue Upward Trend in May
Only one portfolio in the federal government’s 401(k)-style retirement savings program lost value last month.
Pay & Benefits
Biden Proposes 2.7% Raise for Feds in 2022, Restoring Pay Parity
Although it is unclear how plan breaks out between locality pay and across-the-board increases, the topline number matches the president's proposed pay raise for members of the military.
Pay & Benefits
Two New Retirement Savings Bills Could Impact TSP
Officials at the Thrift Savings Plan said both bills aimed at making it easier for older Americans to get ready for retirement require changes to be implemented faster than is possible.
Pay & Benefits
A Mid-Year Chance to Lower Your Taxable Income
For the second year in a row, feds get more flexibility in their flexible spending accounts.
Pay & Benefits
TSP Officials Air Concerns About Congressional Proposals
A weekly roundup of pay and benefits news.
Pay & Benefits
Biden Climate Edict Could Spell End for TSP Fossil Fuel Investments
The president’s executive order aimed at incorporating “climate-related financial risk” into federal budgeting also instructs officials to review how the Thrift Savings Plan considers risks from climate change in its decision-making.
Pay & Benefits
Long Term Care Insurance and the Pandemic Age
The grim news about nursing homes over the past year has caused many people to contemplate their own future needs.
Pay & Benefits
GOP Senator Introduces Bill to Bar TSP Investment in China
A roundup of pay and benefits news.
Pay & Benefits
Bipartisan Bill Would Extend Feds’ Paid Parental Leave to Military Troops
Legislation would provide service members with 12 weeks of paid parental leave per year and would extend the benefit to scenarios involving miscarriages and stillbirths.
Pay & Benefits
Milestones on the Path to Financial Security in Retirement
If you work in government, there are several moments in your life when you’ll face key decisions about your eventual retirement.
Pay & Benefits
5 Things To Know About Supplemental Retirement Benefits
The ins and outs of the FERS supplement.
Pay & Benefits
OPM Implements Paid COVID Leave for Feds, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Funds Continue Strong Performance in April
All of the federal government’s 401(k)-style retirement savings program’s portfolios finished last month in the black.
Pay & Benefits
Retirement in a Time of Covid
For the most part, feds aren’t letting the pandemic disrupt their plans.
Pay & Benefits
Administration Formally Launches Program Giving Feds Up to 15 Weeks Off for COVID-19 Related Illness, Child Care
Congress created a $570 million fund for the initiative, and once that runs out, workers will have to take personal leave or leave without pay.
Pay & Benefits
Federal Employees Sing Telework’s Praises, Want to Continue After the Pandemic
Survey results show those who have been doing their jobs remotely are happier and feel they are just as productive.
Pay & Benefits
OPM Waives Premium Pay Cap for Border Detailees
The federal government’s HR agency declared that the influx of children at the southern border is an emergency for the purposes of waiving restrictions on how much premium pay federal employees can earn.
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