Pay & Benefits
Bill to Boost Federal Firefighters’ Retirement Benefits is Back
Rep. Gerry Connolly’s legislation would include mandatory overtime hours in calculations to determine federal firefighters’ pension benefits.
Pay & Benefits
There’s No Turning Back From Some Retirement Choices
Certain benefits decisions are irrevocable.
Pay & Benefits
TSP Portfolios Backslide in February
After a strong start to the year, most of the funds in the federal government’s 401(k)-style retirement savings program lost ground.
Pay & Benefits
Federally Employed Women Closes Black History Month Pressing for More Progress
The group can point to more than a half-century of advocacy, but leaders say equity and inclusion efforts remain critical.
Pay & Benefits
TSP Recordkeeper Says Things Are Getting Much Better, After a Rocky Transition
Officials from Accenture Federal Services committed Tuesday to working continuously to boost customer satisfaction.
Pay & Benefits
When to Leave to Get Paid the Most for Your Leave
The pros and cons of working all the way to the end of the federal leave year.
Pay & Benefits
Why Are Federal Courts Denying Hazardous Duty Pay For Feds Forced To Take Risks With COVID?
“On its face, in this case, it looks like one of those situations where hazard pay is denied for narrow, technical reasons,” says one labor historian.
Pay & Benefits
Feds Driven Away By Biden’s Vaccine Mandate Could Return or Get Payouts, Under a New Bill
Few if any were ever fired, but the bill would also apply to those who left voluntarily after Biden demanded vaccination against COVID-19.
Pay & Benefits
Federal Prisons Employees Aren’t Entitled to COVID Hazard Pay, Appeals Judges Rule
In a 10-2 decision, the appeals court said OPM regulations around hazardous duty pay only address the handling of “virulent biologicals” in a laboratory setting, not “ambient” exposure to infected individuals.
Pay & Benefits
VA Docs Are One Step Closer to Earning More than $400K Annually
A Senate committee advanced a sweeping compensation overhaul for VA health care workers that would create a more market-based pay system.
Pay & Benefits
What Not To Do With Your TSP Account
Be careful about borrowing from your retirement investments.
Pay & Benefits
Paid Family Leave: A Benefit Helpful to Just About Everyone—So Why So Slow In Coming?
It’s only in the last few years that feds got 12 weeks of paid parental leave. Now, a pending bill aims to cover caregiving in case of illness.
Pay & Benefits
A Bill to Fix a Customs and Border Protection Retirement Snafu Is Revived in the Senate
More than 1,000 Customs and Border Protection officers were mistakenly promised enhanced retirement benefits, only to have them taken away once the agency realized its error.
Pay & Benefits
Lawmakers Try Again to Standardize Cost of Living Raises for Federal Retirees
Federal employee groups have long decried the fact that retirees enrolled in the Federal Employees Retirement System receive lower annual annuity adjustments than their peers.
Pay & Benefits
A Bipartisan Proposal to Give Feds 12 Weeks of Paid Family Leave Is Back
The bill would grant federal workers additional paid leave to deal with chronic health issues, a sick family member or in connection with a family member on active military duty.
Pay & Benefits
Don’t Overlook This Unloved Fund When Investing in the TSP
TSP participants can consider it another potential way to diversify a growth-oriented strategy.
Pay & Benefits
A Senator Is Once Again Trying to Keep TSP Investments Out of China
The TSP Fiduciary Security Act would require the agency that administers the federal government’s 401(k)-style retirement savings program to consider national security issues as part of its decision-making process.
Pay & Benefits
Waiting For That First Retirement Check
A primer on processing, payments and patience for those looking forward to getting their benefits.
Pay & Benefits