Pay & Benefits
Most TSP funds gained ground in February
Only one of the portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the red.
Pay & Benefits
OPM faces its first test of recent retirement processing tweaks
The number of new retirement claims received by the federal government’s HR agency doubled in January, marking the start of the annual busy season.
Pay & Benefits
Crafting your perfect retirement exit strategy
These pre-retirement tasks can help ensure a smooth transition.
Pay & Benefits
TSP and Required Minimum Distributions
Rules around these mandatory withdrawals changed under the Secure 2.0 Act.
Pay & Benefits
Federal retirement savings plan opens 2024 with a mixed bag
Only two of the five core funds within the federal government’s 401(k)-style retirement savings plan posted gains last month.
Pay & Benefits
Postal union leader: Stop the misallocation of Civil Service Retirement System pension costs
COMMENTARY | "The failure to uphold the promise to fix the unfair pension allocation is hurting the Postal Service’s ability to recover from the pandemic," writes the president of the National Association of Letter Carriers.
Pay & Benefits
Doublecheck your TSP beneficiary designations
The federal government’s 401(k)-style retirement plan changed some rules around contingent beneficiaries in 2022.
Pay & Benefits
OPM reduces the retirement backlog by one-third in 2023
The federal government’s HR agency’s work on improving the retirement application process for federal workers led to the agency shattering yet another longstanding record last month.
Pay & Benefits
New year, new benefit changes
Some 2024 changes that may benefit federal employees and retirees.
Pay & Benefits
Planning a career change in 2024?
If a new career outside of the federal workforce is on your list of resolutions, here are a few things you need to know about your benefits.
Pay & Benefits
TSP portfolios end 2023 on a high note
Each of the funds in the federal government’s 401(k)-style retirement savings program finished December in the black.
Pay & Benefits
End of the year retirement: Now what?
As OPM readies for its influx of new retirement applications, here are some insights on the early ins and outs of the retirement process.
Pay & Benefits
MSPB finally rules on OPM apportioning the Retiree Annuity Supplement
Starting in 2016, an OPM rule change allowed the divorced spouses of federal retirees to claim a portion of their annuity supplement. Now, after having a quorum for the first time in five years, the MSPB has stepped in to address the rule.
Pay & Benefits
OPM retirement backlog hits six-year low for third time this year
The number of pending federal employee retirement claims fell under 16,000 for the second time since 2017 in November.
Pay & Benefits
TSP portfolios rebounded in November
After three straight months where nearly every fund in the federal government’s 401(k)-style retirement savings program lost value, all funds finished last month in the black.
Pay & Benefits
Open Season: Medicare Advantage or Disadvantage?
Medicare Advantage options have only been offered through Federal Employees Health Benefits Program carriers since 2021 and may provide benefits that are not covered under traditional Medicare.
Pay & Benefits
TSP board OKs new international fund index, this time without China
A previous effort to move the I Fund to a broader benchmark index, which included investments in Chinese corporations, met opposition from the Trump administration and Republican lawmakers.
Pay & Benefits
Answers to some of your common questions about CSRS and FERS
Federal retirement expert Tammy Flanagan says “the devil is in the details.”
Pay & Benefits
Senate version of bill to standardize retiree COLAs emerges
The reintroduction of the Equal COLA Act by Sen. Alex Padilla, D-Calif., comes just weeks after the 2024 cost of living adjustment announcement revived complaints about how the government calculates annual increases across retirement systems.
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