Pay & Benefits Watch Pay & Benefits WatchPay & Benefits Watch
Key developments in the world of federal employee benefits: health, pay, and much more.

Pay and Benefits Watch TSP welcome wagon


Newly hired federal employees could begin investing immediately in the Thrift Savings Plan and employees could roll over funds from private sector retirement plans into their TSP accounts under a bill that passed Congress Tuesday.

Under current law, federal employees must wait up to a year to begin contributing to the TSP.

The bill, H.R. 208, passed the House last year and passed the Senate in July. The House agreed to Senate amendments on Tuesday. It now goes to the President for his signature. The bill's provisions were included in President Clinton's fiscal 2001 budget request.

Executive Pay Caps

The Senior Executives Association is busy raising support for H.R. 3147, a bill that would give members of Congress a pay raise. If Congress votes not to give itself a raise, then federal executives who are paid under the Executive Schedule won't get one either. Since Senior Executive Service pay is capped at the top levels of the Executive Schedule, many top executives haven't seen a raise in years.

SEA has an urgent letter-writing campaign to get the legislation passed. But, in an election year, their chances are slimmer than usual. Since members of Congress don't want to look greedy to their constituents, they will likely vote to block the raise.

For more information, see SEA's Web page on executive pay.

Million Family March

Next Monday, thousands of Million Family March participants are expected to descend on downtown Washington. Federal employees in the D.C. area still have to show up for work, but the Office of Personnel Management is encouraging employees to telecommute on that day. Managers should accommodate employees who have telecommuting agreements or alternative work schedules on that day, OPM said.

Close [ x ] More from GovExec

Thank you for subscribing to newsletters from
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

  • Sponsored by One Identity

    One Nation Under Guard: Securing User Identities Across State and Local Government

    In 2016, the government can expect even more sophisticated threats on the horizon, making it all the more imperative that agencies enforce proper identity and access management (IAM) practices. In order to better measure the current state of IAM at the state and local level, Government Business Council (GBC) conducted an in-depth research study of state and local employees.

  • Sponsored by Aquilent

    The Next Federal Evolution of Cloud

    This GBC report explains the evolution of cloud computing in federal government, and provides an outlook for the future of the cloud in government IT.

  • Sponsored by LTC Partners, administrators of the Federal Long Term Care Insurance Program

    Approaching the Brink of Federal Retirement

    Approximately 10,000 baby boomers are reaching retirement age per day, and a growing number of federal employees are preparing themselves for the next chapter of their lives. Learn how to tackle the challenges that today's workforce faces in laying the groundwork for a smooth and secure retirement.

  • Sponsored by Hewlett Packard Enterprise

    Cyber Defense 101: Arming the Next Generation of Government Employees

    Read this issue brief to learn about the sector's most potent challenges in the new cyber landscape and how government organizations are building a robust, threat-aware infrastructure

  • Sponsored by Aquilent

    GBC Issue Brief: Cultivating Digital Services in the Federal Landscape

    Read this GBC issue brief to learn more about the current state of digital services in the government, and how key players are pushing enhancements towards a user-centric approach.


When you download a report, your information may be shared with the underwriters of that document.