Pay & Benefits

Understanding TSP contributions

Answers to your questions on how to map out TSP contributions.

Pay & Benefits

OMB defends decision to break military-civilian pay link

The Office of Management and Budget is using benefits federal employees received in previous years to justify giving employees a 3.6 percent pay raise next year.

Pay & Benefits

Pushing a pay raise

A 4.6 percent average federal pay raise is looking more and more likely. Plus, bills on the Hill, IRAs and smart TSP planning.

Management

Scholars want AID folded into State Department

The Agency for International Development should be folded into the State Department, two scholars recommend in this month’s Foreign Service Journal.

Pay & Benefits

Experts push incentive plan to attract science, tech workers

In exchange for public service, the federal government should offer low-interest loans, scholarships and loan forgiveness to college students seeking science and technology degrees, former federal officials recommended last week.

News

Most Bush administration applicants file resumes online

Ninety percent of the 60,000 people who have applied for Bush administration jobs have filed their applications online, the White House director of presidential personnel said Thursday.

Pay & Benefits

The cost of benefits

Why so many federal pay and benefits ideas never become reality. Plus, pay parity and TSP expenses.

News

Forest Service chief decides to move on

Forest Service Chief Mike Dombeck will retire at the end of this week after four years as head of the 33,000-employee agency.

Pay & Benefits

TSP makes new investment options official

Federal employees will have two new Thrift Savings Plan investment options, under rule changes published in the Federal Register Monday.

Pay & Benefits

A quicker TSP start

New employees have to wait for up to a year to begin receiving matching contributions on their TSP investments—at least for now.

Pay & Benefits

Free health care!

Some Defense civilians get a break on health insurance premiums. Plus, higher TSP limits and long-term care news.

Management

Powell plans hiring, technology initiatives if budget hike approved

Secretary of State Colin Powell is asking Congress for a 14 percent increase in the State Department’s operating budget next year, with much of the money aimed at filling job vacancies, buying new computer equipment and improving embassy security.

Pay & Benefits

Employees must catch TSP errors, new rule says

Federal employees are responsible for catching errors in their Thrift Savings Plan accounts, a new rule for the 401k-style investment plan reminds employees.

Pay & Benefits

Meet the S fund

Learn about a new TSP fund, available in May, that covers a diverse range of companies.

Pay & Benefits

Meet the I fund

You’ll have two new Thrift Savings Plan investment options starting in May. Here’s an introduction to one of them. Plus, special patent pay and benefits talk.

Pay & Benefits

Bush budget includes 3.6 percent pay raise next year

President Bush's budget includes a 3.6 percent pay increase for civilian workers in 2002. If that figure holds, the administration would de-link military and civilian raises for the first time since 1986.