Updated Pay & Benefits

Biden proposes 2% raise for feds in 2025 budget

Following multiple years of multi-decade record pay increases, the White House cited “fiscal constraints” facing agencies to justify smaller raises next year.

Pay & Benefits

Saving for retirement

Retirement planning is a lifelong learning affair and begins with the first day on the job.

Pay & Benefits

Will your future income rocket your Medicare premiums?

As a federal employee with FEHB, should you also take Medicare Part B at age 65? Here are a few things to consider before making the decision.

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

How diverse candidates can better navigate the security clearance process

COMMENTARY | Simple steps can make the security clearance process less of a barrier to keeping diverse candidates out of government careers.

Pay & Benefits

Here’s how to find the information you need when planning for retirement

When it comes to leaving federal employment to transition to retirement, there are important decisions that must be made, and it is vital to know the difference between fact, fiction and rumor.

Pay & Benefits

OPM wants to entice more AI talent with new benefits guidance

The HR agency unveiled new pay and benefits flexibilities to help snag in-demand workers with expertise in artificial intelligence technology. 

Pay & Benefits

Getting ready for tax season

Some tax tips to consider as you plan for life after your federal career.

Pay & Benefits

Did you know this about the TSP?

Learn a little more about the government’s 401(k)-style retirement plan.

Pay & Benefits

OPM makes it easier for ex-military feds to access paid parental, medical leave

The tweak, which allows federal workers to count past military service toward the 12-month service requirement of parental and Family and Medical Leave Act leave, stems from a provision of the 2024 National Defense Authorization Act.

Pay & Benefits

10 years on, OPM keeps its pay freeze in place for senior officials

With budget negotiations ongoing, OPM officials said that the pay rates for the vice president and other senior political officials will remain frozen until at least the expiration of the latest continuing resolution.

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

Identity theft protection for OPM hack victims could extend for life under new bill

Under current law, the benefit for those whose personal information was exposed by the 2015 data breach is set to expire in 2026.

Pay & Benefits

TSP and Required Minimum Distributions

Rules around these mandatory withdrawals changed under the Secure 2.0 Act.

Pay & Benefits

Lawmakers urge OPM to update parental leave policy docs

The federal government’s HR agency’s self-imposed deadline of the end of 2024 to ensure the federal employee handbook and public-facing web pages reflect the enactment of 12 weeks of paid parental leave should be “a floor and not a ceiling.”

Pay & Benefits

Some Coast Guard personnel can’t find housing in vacation-rich areas, GAO says

The watchdog said that despite some government housing and a private sector housing allowance, some Coast Guard personnel can’t find affordable lodging stationed in either remote areas or ones where rentals are positioned for vacation economies. 

Pay & Benefits

Tips for recent retirees

There may be a few bumps along the way, but don’t panic.

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.