Pay & Benefits

Senate Defense Policy Bill Would Allow Pay Increases for a Few Federal Tech and Acquisition Jobs

The bill would also improve a recently enacted fix to tax regulations related to government-provided relocation expenses.

Senator Calls for New Opt-In Period for Military's Blended Retirement System, More Financial Literacy

A new bill from Sen. Patty Murray, D-Wash., would require service members to "affirmatively" choose between enrolling in the blended retirement system or a traditional military pension.

TSP Outlines Impact of New Lifecycle Fund Implementation

Next week, officials at the federal government's 401(k)-style retirement savings program will begin offering lifecycle funds in five-year increments, moving the options in line with private sector counterparts.

CBP Walks Back Furlough Threat

As many as 8,000 customs officers and other employees could be sent home without pay.

OPM: Some Feds' Leave Canceled Because of COVID-19 Will Be Restored

The federal government's HR agency said it will issue regulations allowing for agencies to restore federal workers' use-or-lose annual leave if it is canceled due to essential coronavirus response work.

More Retirement Myth Busting

Some additional common misperceptions and half-truths.

TSP Announces CARES Act Loans Now Available

Federal workers and retirees who have been impacted by the coronavirus pandemic may now take advantage of favorable loan terms on their retirement accounts.

TSP Board Chairman to Resign Following White House Intervention in Retirement Program

Michael Kennedy has served on the board for a decade, overseeing several major initiatives including implementing an employer match for military service members through the blended retirement system and making it easier for participants to access their money.

Social Security Unions File Formal Complaints Over Lack of Emergency Sick Leave

More than two months after the deadline for all employers to offer workers pandemic-related emergency paid sick leave, three unions say the agency is violating the law.