Pay & Benefits
TSP Portfolios Continue Gains, But Fail to Make Up Earlier Losses
Although all of the funds in the federal government’s 401(k)-style retirement savings program posted modest increases in May, it was not enough to make up for the economic crash at the start of the coronavirus pandemic.
Pay & Benefits
Lawmaker: White House ‘Overstepped its Authority’ in Demanding TSP Abandon I Fund Changes
Chairman of House Oversight and Reform subcommittee says instructing the Thrift Savings Plan not to shift international investments to a broader index effectively “politicized” the independent agency.
Pay & Benefits
Splitting Up and Splitting Benefits
In the federal retirement world, divorces can be complicated.
Pay & Benefits
OPM Clarifies Leave Policy, Pentagon Outlines Elective Surgery Plans, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
Employees Concerned After Agency Threatens Furloughs Over Budget Shortfall
Employees ask Congress to "please bail us out."
Pay & Benefits
Lawmakers Call on the Trump Administration to Extend National Guard Deployments
Some members could lose eligibility for federal benefits if not.
Pay & Benefits
What Happens to My Retirement If I Resign?
Answers to this and other hypothetical questions.
Pay & Benefits
Federal Advisory Group Finds Feds Are Paid 26.71% Less than Private Sector Counterparts
In their annual report, members of the Federal Salary Council recommend updates to datasets used in determining a region’s eligibility to become a locality pay area.
Pay & Benefits
TSP Announces Upcoming COVID-19 Loans, Withdrawals
New loan and withdrawal options enacted through the CARES Act will become available in June and July, respectively, while officials have noted other options for participants to access their money are already in place.
Pay & Benefits
How to Motivate Young Workers to Save For Retirement
Whether you’re a parent or a boss, it’s in everyone’s interest to ensure younger generations are ready for life after work.
Pay & Benefits
GovExec Daily: Recruiting and Retaining During a Pandemic
MSSmedia's Barbara Gretsch discusses how organizations like the New York National Guard can recruit during the coronavirus crisis.
Pay & Benefits
How Long Does It Take To Get a TSP Withdrawal?
A look at the process of taking money out of your retirement savings.
Pay & Benefits
TSP Highlights COVID-19 Withdrawal Options, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Board Delays International Fund Change Amid White House Pressure
Although board members stated the pause was because of the turmoil caused by the worldwide coronavirus pandemic, they pleaded with their newly nominated replacements not to allow politics to enter the decision-making process.
Pay & Benefits
How to Keep Your TSP Account Secure in the Era of COVID-19
Scammers and fraudsters are taking advantage of the novel coronavirus pandemic to target online financial accounts.
Pay & Benefits
New House COVID-19 Bill Includes Hazard Pay for Feds, Strengthens Protections for Telework and Sick Leave
Pelosi on Tuesday unveiled legislation that would provide up to $10,000 in premium pay for federal workers on the front lines of the coronavirus outbreak and would prevent agencies from exempting employees from paid sick leave benefits.
Pay & Benefits
White House Orders TSP Board to Halt International Fund Index Change
After months of lobbying, President Trump has intervened in the independent agency’s decision to shift foreign investments to a more expansive index of international firms.
Pay & Benefits
House Democrats Urge Leadership to Begin Paid Parental Leave for Feds Early
A group of 12 lawmakers said the new benefit for federal workers, currently slated for implementation in October, should apply retroactively to December.
Pay & Benefits
Let Feds Carry Over Their Unused Leave
In a global pandemic, it isn’t right to expect people to take use-or-lose vacation time.
Pay & Benefits
House Legislation Would Protect Feds’ Unused Leave During Coronavirus Pandemic
Rep. Jennifer Wexton, D-Va., has introduced a bill that would ensure that federal workers who are unable to take a vacation due to the COVID-19 outbreak will not lose their paid leave.
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