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

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

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

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.