Pay & Benefits
TSP Board Reaffirms Decision to Broaden International Fund Despite Congressional Pressure
A bipartisan group of senators had demanded the board reverse a 2017 decision changing the index upon which the I Fund is based because the new benchmark will include Chinese companies.
Pay & Benefits
With Winter Approaching, OPM Reminds Agencies of Closure and Leave Policies
The 2018 decision that employees who can work remotely usually cannot take leave due to a weather event has created a complicated web of rules and exceptions.
Pay & Benefits
Federal Retirement Applications, Processing Both Down in October
The backlog of pending requests crept to nearly 18,000 last month, although the number of applications is significantly down from the same period in 2018.
Pay & Benefits
Updated Consumers’ Checkbook Guide Aims to Help Feds Compare Health Plan Costs
“Most people don’t realize how much money they’re leaving on the table,” says consumer advocate Walton Francis.
Pay & Benefits
10 Numbers That Tell the Story of Retirement Processing
They range from 30 to 1 trillion.
Pay & Benefits
No New Locality Pay Areas, But Salary Council Considers More Formula Tweaks
The Federal Salary Council announced that the pay gap between federal workers and the private sector, as calculated by the Bureau of Labor Statistics, now sits at 26.71%.
Pay & Benefits
TSP Portfolios Post Modest Growth in October
All funds in the federal government’s 401(k)-style retirement savings program saw minor gains last month.
Pay & Benefits
White House to Honor 141 Career Executives for Annual Presidential Award
Rank Award winners will receive one-time bonuses worth up to $67,000.
Pay & Benefits
New Flexibilities for TSP Withdrawals Shake Things Up, and More
A weekly round-up of pay and benefits news.
Pay & Benefits
Social Security Ends Telework Program for 12,000 Employees
Workers in all of the Social Security Administration’s operations components have less than two weeks to find alternate arrangements.
Pay & Benefits
Democratic Senators Renew Push for Contractors to Receive Shutdown Back Pay
The House previously approved a similar measure, but the White House opposed it.
Pay & Benefits
TSP Board Revisits Decision to Broaden International Fund
A bipartisan group of senators has been urging officials to reconsider the decision to allow investments in Chinese companies.
Pay & Benefits
Personnel Agency Demands Data on Use of Union Official Time, Telework
A weekly roundup of pay and benefits news.
Pay & Benefits
One Agency Finds a Way to Provide Paid Parental Leave, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
Advocates: Congress 'Very Close' to Passing Paid Family Leave for Feds
Union officials and members are hopeful a Defense policy bill provision providing 12 weeks of paid leave for the birth or adoption of a child and other medical issues will make it into law.
Pay & Benefits
Federal Retirees Will Get 1.6% COLA in 2020
Although less than last year, a consumer price index increase of less than 2% means the vast majority of former federal workers will see the same increase to their defined benefit pensions.
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