Pay & Benefits

Most TSP funds took a tumble in October

Only two portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the black, ending a three-month run of gains.

Your Open Season Q&A

Open Season begins on Nov. 11 for active and retired federal and postal employees. Let's get you ready.

An employee group is miffed by the new Postal Service insurance program’s Medicare Part D coverage

OPM said that they were restricted in how they provide prescription drug benefits to Medicare-eligible enrollees in the new Postal Service Health Benefits Program, but at least one employee association disagrees.

Updated

OPM doesn’t have documented customer experience plans for the Postal Service’s open season, OIG says

The HR agency has developed contingencies if there is a surge of customer experience requests during the Postal Service Health Benefits System’s first open season, but a new report claims that those plans aren’t either defined or comprehensive enough for the multi-agency operation. 

Revisiting the WEP and GPO

How the Windfall Elimination Provision and the Government Pension Offset cause substantial, and often, unfair reductions in Social Security benefits for CSRS retirees.

Why federal workers should consider an HSA

COMMENTARY | There is something exciting about having a health insurance plan that can reduce your taxes while also providing tax-free investment growth.

A Senate bill targeting teleworkers’ locality pay now has its companion in the House

Legislation introduced by Rep. Dan Newhouse, R-Wash., would bar federal workers from receiving locality pay if they telework at least once per week, a move that could amount to a 30% pay cut for many feds.

More than 200K postal employees are in line for a 5% raise spread over three years

The agreement took 20 months of negotiations but some workers think the raises are insufficient.

Biden administration forgives $4.5B in student debt for public service workers

The president said that more than 1 million public servants to date have had their federal student debt canceled.

10 important facts about Medicare

Some things you need to know when approaching Medicare eligibility.

New bills want to provide Gold Star survivors with better benefits, make it easier for former feds to return

The Gold Star Spouse Healthcare Enhancement Act aims to provide fallen service members’ partners with lower health care costs for longer, while the Return USA Act looks to create an on-ramp for former employees to return to federal service. 

OPM sets up leave transfer program for feds impacted by Milton

Federal workers will soon be able to donate unused leave to their colleagues who need time to recover after Hurricane Milton made landfall in Florida Wednesday.

Time for the fall deadlines

A checklist to help you prioritize as you sort through your federal retirement and insurance benefits.

Cost-of-living adjustments will decline for federal retirees again in 2025

For the second straight year, former federal workers will see a smaller increase to their defined-benefit annuities in January, with FERS retirees set for a 2% increase and CSRS annuitants a 2.5% bump.

A closer look at 2025 FEHB premiums

Open Season is just a few weeks away, and costs are increasing this year. What does that mean for federal employees?

OPM moves to standardize General Schedule, blue collar locality pay areas

For years, federal employee unions have bemoaned that the pay systems’ differing maps of high-cost regions created pay inequity within agency workforces.

Lawmakers consider making military leave more equitable for feds with non-traditional work schedules

Currently, the annual cap on paid leave available to federal employees associated with their service in the National Guard is 15 days, which advocates say works well for traditional weekday work schedules but not for employees who frequently work weekends.