Pay & Benefits

Feds Will Pay 4.9% More Toward Health Care Premiums Next Year

The Office of Personnel Management said Wednesday that it has revamped its online plan comparison tool and encouraged greater transparency from insurance carriers to tamp down on surprise billing.

Pay & Benefits

For Feds, Net Worth Is More Important Than Income

There are many stories of federal employees who don’t have 6-figure incomes yet still manage to build considerable wealth.

Pay & Benefits

Retiree COLA Set at 1.3% Next Year, Prompting Calls for Change

Organization calls on Congress to shift the metric upon which annual cost of living adjustments for Social Security and federal retirement benefits are based from the general price of goods to one that takes into account spending by the elderly.

Pay & Benefits

Senate Democrats Introduce Bill to Make Payroll Tax Deferral Optional

Legislation requiring workers, including federal employees and military service members, to consent in writing to have their Social Security taxes deferred between now and the end of the year has the support of nearly 20 employee groups.

Pay & Benefits

OPM Seeks to Limit Back Pay Awards for Employees, Unions

Officials at the Office of Personnel Management want to upend a nearly 40-year-old set of regulations, restricting which actions are subject to grievances under the Back Pay Act, and banning unions from being awarded attorney's fees when their members win their cases.

Pay & Benefits

The Case for Waiting to Retire

Even for those who’ve decided they want to go next year and are at the higher end of the pay scale, it can pay to be patient.

Pay & Benefits

GovExec Daily: The State of the Payroll Tax Deferral

Erich Wagner joins the podcast to discuss the latest pay and benefits news.

Pay & Benefits

Lawmakers Revive Push to Make Feds’ Payroll Tax Deferral Optional

The effort to pressure the Trump administration into allowing federal employees to opt out of the controversial initiative to delay collection of Social Security taxes until next year is now bipartisan.

Pay & Benefits

Lawmakers Introduce Bill to Protect All Feds’ Leave Following COVID

Although OPM’s current policy only waives the 30-day annual leave cap for essential employees who are unable to use their leave due to their duties responding to the coronavirus pandemic, Democrats in Congress want to extend the waiver to all federal workers.

Pay & Benefits

Rethinking Retirement During a Pandemic

It’s clear that fewer people are moving on this year, which isn’t exactly a surprise.

Pay & Benefits

TSP Funds Hit the Skids in September

After months of gains, most of the portfolios in the federal government’s 401(k)-style retirement savings program ended September in the red.

Pay & Benefits

Federal Judge Reaffirms USPS Must Approve Overtime in Run Up to Election

Postal Service has faced five consecutive losses in lawsuits challenging Louis DeJoy's reforms.

Pay & Benefits

More Feds Subject to Mandatory Payroll Tax Deferral Than Initially Thought

The National Treasury Employees Union on Friday said that the Trump administration failed to clarify that the controversial initiative applies to those making $4,000 or less after several pre-tax deductions, not their gross pay.

Pay & Benefits

Biden Vows to Raise Federal Employees' Pay and Protect Benefits

In a questionnaire published by the National Active and Retired Federal Employees Association, the former vice president said he would abandon efforts by the Trump administration to force federal workers to contribute more to their defined benefit retirement accounts.

Pay & Benefits

USPS Refuses to Comply With Judge's Order to Allow All Overtime Before Election

The Postal Service has agreed to other measures to ensure timely delivery of ballots and other mail.

Pay & Benefits

Best Dates to Retire Q&A

A look at the details of what makes one day better than another.