Pay & Benefits
Some TSP funds faltered in June
Following two straight months of gains, the federal government’s 401(k)-style retirement savings program posted a more muted performance last month.
Pay & Benefits
The Medicare question federal retirees can’t ignore anymore
New projections for Medicare Part B costs are sharpening a familiar but increasingly expensive decision for federal retirees: whether Medicare enhances FEHB coverage enough to justify the added premium, or simply shifts where the costs show up.
Pay & Benefits
Expanding paid leave for federal workers is back on the table
Bipartisan legislation would grant civilian federal employees up to 12 weeks of paid family and medical leave per year.
Pay & Benefits
Why Social Security’s funding gap matters to federal retirement
Most federal employees under FERS rely on Social Security as part of retirement. The latest trustees report suggests the choices to preserve full benefits are getting tougher.
Pay & Benefits
A record number of feds are retiring. Will that slow your claim?
New OPM data offers clues about processing times, potential delays and why retiring employees may need a larger financial cushion than expected.
Pay & Benefits
OPM to set new requirements to ‘verify’ FEHBP enrollments
Newly published regulations would implement a 2025 law enacted in response to a GAO report that found the government could spend up to $1 billion annually on health benefits for people who are no longer eligible to receive them.
Pay & Benefits
TSP funds kept climbing in May
Each of the portfolios in the federal government’s 401(k)-style retirement savings program gained value last month.
Pay & Benefits
What retiring feds should do before asking for help
Clear timelines, complete records and focused questions can make retirement problems easier to resolve, especially as agencies face mounting workloads.
Pay & Benefits
NTEU asks Trump administration to ease telework rules as gas prices spike
The union also called for an increase in gas reimbursement rates as the president’s war against Iran continues to disrupt the world’s oil supply.
Pay & Benefits
What federal employees get wrong about divorce and retirement
Errors involving survivor benefits, health coverage and court orders can create financial problems years after a marriage ends.
Pay & Benefits
The century-old GS system is 'disintegrating' and government can't agree on how to fix it
COMMENTARY | Though both political parties view the General Schedule as a problem, they have totally different reasons, creating a "compliance culture" that makes reform impossible.
Pay & Benefits
More GLP-1 options are coming for federal retirees, but they come with a catch
A new Medicare program launching July 1 broadens access to drugs like Zepbound and Foundayo, but federal annuitants need to know how the $50 copay will affect their catastrophic limits.
Pay & Benefits
Waiting to retire could be worth thousands of dollars
Before you rush out the door, consider how a few more years of service can permanently boost your FERS annuity and Social Security benefits.
Pay & Benefits
Future shutdowns could temporarily halt senators’ paychecks
The Senate approved a rules change on Thursday aimed at raising the political cost of funding lapses as Congress barrels toward another high-risk appropriations season.
Pay & Benefits
A week of recognition, and a career of service
Behind the honors and milestones, federal employees carry a lasting sense of purpose that extends well beyond a single week.
Pay & Benefits
Dems introduce bill to protect feds’ credit scores during shutdowns
Sen. Mark Kelly, D-Ariz., said he was inspired to draft the legislation after hearing from TSA workers whose inability to pay their bills during the 78-day partial government shutdown hurt their credit scores even after they began receiving back pay.
Pay & Benefits
Weighing the costs and trade-offs of suspending FEHB for Medicare Advantage
COMMENTARY | An analysis of two markets shows some commercial plans provide the lowest estimated yearly costs, but federal annuitants must consider the required trade-offs like prior authorization and provider access.
Pay & Benefits
TSP funds returned to growth in April
Each of the portfolios in the federal government’s 401(k)-style retirement savings program finished last month in the black.
Pay & Benefits
Sorting through Medicare myths in federal retirement decisions
Common assumptions about Part B, IRMAA and FEHB coordination can obscure how coverage and costs actually play out over time.
Pay & Benefits