Pay & Benefits
OPM reduces the retirement backlog by one-third in 2023
The federal government’s HR agency’s work on improving the retirement application process for federal workers led to the agency shattering yet another longstanding record last month.
Pay & Benefits
New year, new benefit changes
Some 2024 changes that may benefit federal employees and retirees.
Pay & Benefits
A new rule allows the VA to adjust disability compensation to prevent overpayments
The rule, set to go into effect on Jan. 11, would allow the department to suspend or pause disability compensation for Defense Department servicemembers also receiving active service pay.
Pay & Benefits
Union decries end to retention pay at embattled Illinois prison
Labor leaders at Federal Correctional Institute Thomson said the Bureau of Prisons’ termination of a short-lived initiative to retain employees at the rural facility with a 25% boost to pay will cause hundreds to leave the agency.
Pay & Benefits
Planning a career change in 2024?
If a new career outside of the federal workforce is on your list of resolutions, here are a few things you need to know about your benefits.
Pay & Benefits
When do Roth conversions make sense for your retirement funds?
Paying federal taxes now may be better for you in the long run, explains one financial advisor.
Pay & Benefits
New OPM proposal would ensure feds detailed to temporary promotions are paid properly
Federal HR leaders said in a filing last week that a rule capping increased pay for federal workers noncompetitively selected to perform duties of a higher-graded position at 120 days penalizes employees for their agency’s mistake.
Pay & Benefits
TSP portfolios end 2023 on a high note
Each of the funds in the federal government’s 401(k)-style retirement savings program finished December in the black.
Pay & Benefits
Biden signs order finalizing 5.2% pay raise for feds in 2024
The measure confirms that the federal workforce will see its largest pay increase in more than 40 years.
Pay & Benefits
End of the year retirement: Now what?
As OPM readies for its influx of new retirement applications, here are some insights on the early ins and outs of the retirement process.
Pay & Benefits
That’s a wrap? Congress kicks it without passing fed pay bill, so White House’s 5.2% pay boost on deck
COMMENTARY | The lack of appropriations legislation before the Christmas recess means that federal employees could get their largest pay raise in decades.
Pay & Benefits
MSPB finally rules on OPM apportioning the Retiree Annuity Supplement
Starting in 2016, an OPM rule change allowed the divorced spouses of federal retirees to claim a portion of their annuity supplement. Now, after having a quorum for the first time in five years, the MSPB has stepped in to address the rule.
Pay & Benefits
Expanded leave access for veteran feds makes it into defense policy bill
Under a provision of the fiscal 2024 National Defense Authorization Act, federal agencies would be required to incorporate veterans’ military service when determining eligibility for paid leave.
Pay & Benefits
Supreme Court to hear arguments on federal employee furlough case
The case was significantly delayed as the agency that initially hears federal worker appeals was non-functional for five years.
Pay & Benefits
Keeping an eye on Schedule F and other proposals to reform federal workforce and pay protections
COMMENTARY | Former President Trump's plan to convert large swaths of federal employees into "at-will" workers may be on ice for now, but he and other GOP contenders have proposed to revive the proposal or institute a more drastic one.
Pay & Benefits
5 highlights of the 2024 Open Season
Open Season for the Federal Employees Health Benefit Program may be over, but it was still filled with new additions and best practices for federal employees and beneficiaries to keep an eye on. Here are some of the highlights.
Pay & Benefits
OPM retirement backlog hits six-year low for third time this year
The number of pending federal employee retirement claims fell under 16,000 for the second time since 2017 in November.
Pay & Benefits
TSP and the magic of compound interest
A few things to consider when deciding if you should contribute to the Thrift Savings Plan.
Pay & Benefits
Public-sector workers report taking fewer and fewer vacation days
Not being able to unplug from work leads to burnout and poor performance, one expert reminds us.
Pay & Benefits
Last-minute Open Season advice
Tips and tools to help you with decision-making before the window closes for the year.
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