Pay & Benefits

Federal Retirement Applications, Processing Both Down in October

The backlog of pending requests crept to nearly 18,000 last month, although the number of applications is significantly down from the same period in 2018.

Updated Consumers’ Checkbook Guide Aims to Help Feds Compare Health Plan Costs

“Most people don’t realize how much money they’re leaving on the table,” says consumer advocate Walton Francis.

No New Locality Pay Areas, But Salary Council Considers More Formula Tweaks

The Federal Salary Council announced that the pay gap between federal workers and the private sector, as calculated by the Bureau of Labor Statistics, now sits at 26.71%.

TSP Portfolios Post Modest Growth in October

All funds in the federal government’s 401(k)-style retirement savings program saw minor gains last month.

Solving the Health Plan Puzzle

A guide to evaluating your options this open season.

Social Security Ends Telework Program for 12,000 Employees

Workers in all of the Social Security Administration’s operations components have less than two weeks to find alternate arrangements.

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Democratic Senators Renew Push for Contractors to Receive Shutdown Back Pay

The House previously approved a similar measure, but the White House opposed it.

TSP Board Revisits Decision to Broaden International Fund

A bipartisan group of senators has been urging officials to reconsider the decision to allow investments in Chinese companies.

Advocates: Congress 'Very Close' to Passing Paid Family Leave for Feds

Union officials and members are hopeful a Defense policy bill provision providing 12 weeks of paid leave for the birth or adoption of a child and other medical issues will make it into law.

Federal Retirees Will Get 1.6% COLA in 2020

Although less than last year, a consumer price index increase of less than 2% means the vast majority of former federal workers will see the same increase to their defined benefit pensions.