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.
Pay & Benefits
When Can You Afford to Retire?
Questions to ask yourself if you’re considering early retirement.
Pay & Benefits
Trump Moves to Replace TSP Board Members, Prompting Concerns of Politicization
The nomination of three new board members follows months of lobbying by Republican lawmakers and advocacy groups to stop the Thrift Savings Plan from changing its international fund to include investments in Chinese companies.
Pay & Benefits
Labor Department Lowers the Bar for Some Feds to Prove Workplace COVID-19 Exposure
Federal workers in jobs like law enforcement and health care who contract the novel coronavirus will automatically qualify for workers compensation benefits, the department said.
Pay & Benefits
Bipartisan Senate Group Urges Hazard Pay for Feds
Nineteen senators encourage authorization of a 25% pay increase for frontline federal workers during the coronavirus pandemic, along with more guidance enhancing telework, leave and other protections for employees.
Pay & Benefits
TSP Portfolios Bounce Back after March Losses
All funds in the federal government’s 401(k)-style retirement savings program posted gains last month, as the stock market began to rebound from a historic fall.
Pay & Benefits
Lawmakers Prepare New Legislation to Protect TSA Employees During Pandemic
House Democrats will push to pass bills guaranteeing health care and workers compensation benefits for part time transportation security officers.
Pay & Benefits
The Value of an Annuity Supplement
How the FERS supplement is calculated, and when it can be reduced.
Pay & Benefits
Feds Sticking With Retirement Investments, More Calls for Hazard Pay
A weekly roundup of pay and benefits news.
Pay & Benefits
House Republicans Propose Federal Hiring, Pay Initiatives to Combat COVID-19
The Republican Study Committee said Congress should streamline the hiring process for federal workers, as well as change the pay system to allow higher compensation for “high skilled” workers.
Pay & Benefits
USDA Resists Providing Extra Flexibilities During the Pandemic for Forest Service Employees with Children
U.S. Forest Service workers said they are burning through personal leave juggling telework and child care, but that their agency has declined to provide additional time off as others have done.
Pay & Benefits
Democratic Lawmakers Want Hazard Pay, Union Protections in Next COVID-19 Relief Bill
Letter to House leadership supports extra compensation, weather and safety leave, and other rights and benefits for frontline federal workers during the coronavirus pandemic.
Pay & Benefits
OPM Issues Guidance on Additional Paid Sick Leave for Feds During the Coronavirus Pandemic
The federal government’s human resources agency confirmed this week that most federal workers are eligible to take up to two additional weeks of paid sick leave this year related to COVID-19.
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