Pay & Benefits
All TSP Portfolios Started Strong in 2023
Every fund in the federal government’s 401(k)-style retirement savings program posted gains in January.
Pay & Benefits
Here’s Why Employees Stick With A (Federal) Job, and More
Federal employees—and those who recruit them—often laud the excellent benefits that come with working for the government, among other things.
Pay & Benefits
Congressional Democrats Propose an 8.7% Pay Raise for Feds in 2024
The annually introduced bill would provide a 4.7% across-the-board increase in basic pay and an average 4% increase to locality pay.
Pay & Benefits
Who Can and Can’t Get Coverage Under Your Health Insurance
OPM doesn’t know how many people with FEHB coverage are actually ineligible for the program.
Pay & Benefits
Lawmakers Agree It's Time to Lift the $400,000 Pay Cap for VA Doctors
The Biden administration has called the pay increases a top priority.
Pay & Benefits
The Debt Ceiling Could Hurt Feds’ Paychecks—But Only If Things Drag On
“Some of the proposed savings Republicans are seeking might come from federal employees’ compensation,” one fed advocate says.
Pay & Benefits
Oversight Republicans Demand Answers from OPM on FEHBP Fraud Risk Report
House Oversight and Accountability Chairman James Comer claimed, without evidence, that the insurance program for federal employees is “riddled” with ineligible participants.
Pay & Benefits
Employee and Retiree Benefits Changes for 2023
The last in a series of columns on how things are different this year.
Pay & Benefits
Social Security: Could the New Congress’s Sharp Divide Lead to Compromise on Reform?
Social Security manages a huge chunk of what millions of fed families depend on for retirement, disability and survivor benefits, including the majority of current workers onboarded since the 1980s under the Federal Employees Retirement System.
Pay & Benefits
How to Calculate Your 2023 Pay Raise, and More Pressure to Return to the Office
A weekly roundup of pay and benefits news.
Pay & Benefits
Board Again Significantly Scales Back Marquee Federal Employee Firing Law
Tens of thousands of workers will no longer be eligible for expedited removal.
Pay & Benefits
OPM Should Do More to Prevent Improper FEHBP Payments
The Government Accountability Office on Monday reported that OPM has no fulsome way to monitor the eligibility of participants in the Federal Employee Health Benefits Program.
Pay & Benefits
Employee Benefit Changes for 2023
How new pay rates, Social Security earnings limits and other factors could affect your retirement planning.
Pay & Benefits
Almost Every TSP Fund Ended Last Month (and Year) Down
The government securities (G) fund was the only offering in the retirement savings program that gained ground in 2022.
Pay & Benefits
House Republicans Are Looking to Cut Agencies or Specific Feds' Pay by Reviving the 'Holman Rule'
The new Congress already has its eyes set on slashing funding at some agencies, and eliminating others altogether.
Pay & Benefits
Biden Has Issued an Executive Order Finalizing an Average 4.6% Pay Raise for Feds
The move locks in the largest pay increase for federal employees in two decades, although in a year with record inflation, it still fell short of some employee groups’ hopes.
Pay & Benefits
Tammy’s Top 12 Tips of 2022
Our Retirement Planning columnist’s best pieces of advice over the course of the year.
Pay & Benefits
The C Fund at 35: Trust the Long-Term Data When Investing in the TSP
For people invested in the federal government’s 401(k) style retirement plan, guest columnist Lee Radcliffe says long-term data from U.S. market history provides valuable lessons.
Pay & Benefits