Pay & Benefits
TSP catch-up contributions program to start in July
Federal employees age 50 or older will be able to put extra money in their 401k-style Thrift Savings Plan accounts beginning in July, the board that runs the TSP announced recently.
Pay & Benefits
Buy-in
New permanent buyout authority gives agencies more flexibility in workforce planning.
Defense
Agencies now have permanent buyout authority
Federal agencies can start offering buyouts of up to $25,000 to their employees, under a regulation issued this week.
Pay & Benefits
Pay lowdown
The devil is in the details of the administration’s plan for senior executive pay reform.
Defense
Regulation clears way for officers’ overtime pay
The Office of Personnel Management on Thursday loosened up a regulation that could have cost federal law enforcement officers thousands of dollars a year in lost pay—and lowered their retirement benefits.
Pay & Benefits
Counting beans
The math behind why your paychecks don't always jibe with the General Schedule pay scale.
Pay & Benefits