Pay & Benefits
FBI agents say they need more money to stay in the bureau
Agents in high-cost cities say they cannot support their elevated expenses on their current salaries.
Pay & Benefits
OPM’s retirement backlog hit an 8-year low last month
Efforts to streamline the processing of departing federal workers’ retirement applications continue to pay dividends, as the inventory of pending claims hit the lowest point since 2016.
Pay & Benefits
The State of Civil Service Retirement: CSRS and FERS
How optimistic are you about your retirement? Small steps can help allay your fears of the future.
Pay & Benefits
Senate plans swift action on IVF bill containing new requirements for FEHBP
Senate Majority Leader Chuck Schumer said Tuesday that he had already begun the process of bringing a legislative package aimed at protecting Americans’ access to assistive reproductive technology to the floor for a vote.
Pay & Benefits
OPM’s unfulfilled recommendations include health insurance benefits changes, IG says
The agency is making progress on implementing IG recommendations, but three of its top yet-to-be-completed recommendations included changes that would prevent improper and inaccurate payments within the Federal Employee Health Benefits Program.
Pay & Benefits
Lawmakers blast VA over executive bonus scandal, but secretary declines to offer any heads
Many Republicans called for VA to fire top officials after it improperly approved $11M in bonuses for senior executives.
Pay & Benefits
TSP funds all bounced back in May
After a rough April, each of the portfolios in the federal government’s 401(k)-style retirement savings program finished last month in the black.
Pay & Benefits
New bill would task VA with more actively promoting veteran transition assistance
The Informing VETS Act would require the department to regularly promote programs designed to assist veterans leaving military service and offer more comparison of information on educational benefits.
Pay & Benefits
I have $1,000,000 (or $500,000 or $750,000) for retirement, now what?
Figuring out how to use your money in retirement.
Pay & Benefits
L Funds: A Love Affair
COMMENTARY | For these “set it and forget it” funds, “setting it” may require a bit more work than matching your birth year to the “right” fund.
Pay & Benefits
Problem Solvers Caucus throws its weight behind an effort to kill the windfall elimination provision
Some lawmakers have spent years garnering support to repeal a controversial tax rule that cuts Social Security benefits for some public servants.
Pay & Benefits
What is the retirement age for federal employees?
Retirement involves making many decisions including deciding when to retire.
Pay & Benefits
The pitfalls of single-solution financial advisors
COMMENTARY | There is an increasing trend of companies advertising themselves as financial advisors or benefits centers targeting federal employees. Here’s how to find a holistic financial planning partner.
Pay & Benefits
Mixed reactions to Medicare Part D in the FEHB
It's been almost five months since Part D was incorporated into many Federal Employees Health Benefit plans. How is it being received?
Pay & Benefits
Health Savings Account contribution limits to rise in 2025
Federal employees looking for ways to save on out-of-pocket healthcare costs might benefit from using a high deductible health plan with an HSA.
Pay & Benefits
VA to review more previously awarded bonuses after improperly doling out $11M to execs
The department has used an “improper and overzealous application” of new authorities to give extra pay to certain employees, IG says.
Pay & Benefits
OPM’s retirement backlog continued a four-month downward trend in April
Though the Office of Personnel Management’s backlog of pending federal retirement claims fell again last month, the pace of progress has slowed.
Pay & Benefits
Essential things to know about your Social Security benefit: Part 2
Social Security, along with the FERS basic retirement benefit and the Thrift Savings Plan, can provide the financial security you will need during your life after retirement.
Pay & Benefits
OPM tweaks its final rule for the postal health benefits plan
The federal HR agency posted its final rule for establishing the Postal Service Health Benefits program on Monday, clarifying language on Medicare Part B enrollment and other details.
Pay & Benefits
A CBO report raises new questions about Biden’s 2% pay raise plan
Analysis favored by conservatives shows that when comparing workers’ “total compensation,” the private sector has nearly caught up to the federal government’s pay and benefits package for employees.
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