Pay & Benefits
TSP funds continued to fall in September
For the second straight month, the vast majority of the portfolios in the federal government’s 401(k)-style retirement savings program declined in value.
Pay & Benefits
Federal payroll processor: Oct. 11 is deadline to avert feds’ getting incomplete paychecks
If Congress fails to restore funding to federal agencies, most federal workers will only receive a partial paycheck on Oct. 13.
Pay & Benefits
How to Deal with the Latest Long Term Care Rate Hikes
You can keep premiums under control, but it means reducing benefits.
Pay & Benefits
Federal workers will pay 7.7% more towards health insurance premiums in 2024
Next year, the Federal Employee Health Benefits Program will feature new coverage of anti-obesity medication, as well as expanded access to mental health, assistive reproductive technology and gender-affirming care.
Pay & Benefits
Long term care insurance: Sharp hike in premiums for feds means enrollees face tough choices
Experts say although long term care is in the cards for most older Americans, an upcoming spike in LTC insurance premiums for feds who are enrolled is just part of a pattern that will remain unbroken until Congress and policymakers act on the neglected—but vital—broader issue of long term care and accompanying costs that will affect a majority of federal families. The program remains closed to new applicants.
Pay & Benefits
Odds of a fix for impending wildland firefighter ‘pay cliff’ improve, but complications remain
Union officials say they’ve received assurances from leadership in both the House and Senate that Congress will work to avert massive pay cuts that could kick in next month.
Pay & Benefits
Best Dates to Retire 2024
Looking forward to moving on next year? Here’s a calendar showing optimal dates.
Pay & Benefits
Process and payment questions are always paramount in shutdowns
How and when contractors get paid if the government shuts down are among many questions contractors have. Here is a glimpse at some answers.
Pay & Benefits
Large federal unions endorse the auto worker strike action. A scholar explains why
“They know their job security depends on not just protecting their own rights, but a strong private sector,” says John P. Beck, of Michigan State University.
Pay & Benefits
Your guide to pay and benefits during a shutdown
Congress is on a collision course with yet another lapse of appropriations, as House Speaker Kevin McCarthy struggles to corral the Republican caucus.
Pay & Benefits
With wildfires looming, Congress must act to prevent an exodus of firefighters
COMMENTARY | Firefighters protect communities and people, asking for little in return: equipment to do our jobs safely, benefits that recognize the inherent dangers of our work, and pay that is sufficient to take care of our families, writes one advocate.
Pay & Benefits
A Question of Survival
Two questions, actually, from readers about survivor benefits.
Pay & Benefits
Union warns at least one-third of federal wildland firefighters could walk if Congress walks off ‘pay cliff’
Officials with the National Federation of Federal Employees said Wednesday that competitors like Cal Fire and Pacific Gas and Electric are already looking to recruit federal firefighters fed up with their pay uncertainty.
Pay & Benefits
Come again? Political scientist sees shutdown as 'likely'— and feds need to get ready
With days left until funding for the federal government expires, some political experts foresee not only a shutdown, but possibly a long one, with an interruption in pay likely
Pay & Benefits
GOP lawmakers tap Holman Rule to slash the salaries of agency heads
If House conservatives get their way, multiple federal officials will open fiscal 2024 with $1 annual salaries.
Pay & Benefits
Pay compression: One expert says a current bill would help, but deeper changes are still needed
“The relatively low pay for very skilled, very experienced workers is a serious problem,” says James L. Perry, professor emeritus of public administration at the University of Indiana.
Pay & Benefits
Most TSP portfolios stumbled in August
The only fund in the federal government’s 401(k)-style retirement savings program that finished last month in the black was the G Fund, which increases at a statutorily mandated rate each month.
Pay & Benefits
Biden formally announces 5.2% average pay raise for feds in 2024
The annual declaration of a national emergency preventing large automatic raises from taking effect solidifies that 0.5% of the total pay increase figure will go toward an average boost in locality pay.
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