Pay & Benefits

TSP Struggles in June

The international fund took the biggest hit, but four of the TSP’s offerings made modest gains.

Pay & Benefits

SES Performance Award Spending Cap Will Increase to 7.5 Percent in October

The change is part of a series of Obama administration reforms to improve the Senior Executive Service.

Pay & Benefits

Why It Pays to Keep Your Own Records

A cautionary tale about documenting your service, and doing some pre-retirement tax planning.

Pay & Benefits

Benefit Blackout, Veterans' Preference, a Bonus Ban and More

Feds will want to watch upcoming appropriations debate.

Pay & Benefits

Members of Congress Really Seem to Like the TSP

Lawmakers put forward yet another proposal to create a retirement account for American workers modeled after feds' Thrift Savings Plan.

Management

Senator Wants to Know More About Homeland Security's Use of Paid Leave

Grassley asks Johnson for data on such issues as medical conditions, threats to staff.

Pay & Benefits

Unsurprisingly, TSP Funds Are In the Red After Brexit

The final returns for a volatile June will be available on July 1.

Pay & Benefits

Federal Employee Advocates Renew Fight for Huge Pay Raise

Bill likely clearing the way for Obama’s proposed 1.6 percent raise has hit a speed bump.

Pay & Benefits

TSP Tells Feds Not to Panic After Brexit Vote Sends Markets Tumbling

Without mentioning England’s historic decision to leave the E.U., the Thrift Savings Plan board on Friday reminded enrollees that retirement planning is a long-term strategy.

Pay & Benefits

Comparing Your Income Before and After Retirement

How what you can expect to receive stacks up against what you make now.

Pay & Benefits

Next Shutdown, Feds Can Take Their Government Guns Home With Them

New law will allow certain federal employees to retain their firearms when they are furloughed.

Pay & Benefits

Momentum on Phased Retirement, Scrutiny of Senior Exec Bonuses and More

A weekly roundup of pay and benefits news.

Management

Senator Pushes For Action on VA Accountability Reforms

Legislation that would limit appeal rights of fired department senior executives has stalled.

Pay & Benefits

Defense Rolls Out Phased Retirement For Civilian Employees

The decision by the government’s largest department could prod other agencies into offering the nearly four-year-old benefit to eligible workers.

Pay & Benefits

Ballparking Your Retirement Benefit

A quick guide to estimating your retirement income.

Pay & Benefits

Former TSA Executive’s Excessive Bonuses Prompt Inquiry Into SES Awards

Senate Democrat wants OPM data on cash awards for top career officials, after it is revealed that the former TSA exec earned $90,000 in bonuses over 13 months.

Pay & Benefits

Pay Raise Action, Higher Ed Discounts, TRICARE Flexibility and More

A weekly roundup of pay and benefits news.

Management

Senate Moves to Change Vets’ Preference in Federal Hiring

Defense authorization bill conferees will have to decide whether to include the change in the final version of the legislation.

Management

Federal Contractor Guidance on Prohibiting LGBT Discrimination Arrives Amid Heated Congressional Debate

Rule implementing Obama executive order seeks to clarify new requirements and help contractors avoid sex and pay discrimination.

Pay & Benefits

House Lawmakers Want You To Know They’ve Denied Themselves A Pay Raise Again

The long-standing freeze on members’ salaries is about to enter its eighth consecutive year.