Pay & Benefits
TSP board OKs new international fund index, this time without China
A previous effort to move the I Fund to a broader benchmark index, which included investments in Chinese corporations, met opposition from the Trump administration and Republican lawmakers.
Pay & Benefits
Flexible Spending Account contribution limits to increase in 2024
FSAs can be an essential way to save money on health care costs.
Pay & Benefits
The federal pay gap spiked again in 2023
Members of an advisory panel that examines federal employee compensation issues on Tuesday recommended advocating new tactics to combat the federal-private sector pay disparity as well as pay compression.
Pay & Benefits
Veterans’ health care coverage expanded by the Biden administration
The VA will create new programs meant to make care more accessible.
Pay & Benefits
An Open Season checklist for active federal employees
Tips for saving money on health care and to help guide you through the process of choosing a plan in the Federal Employees Health Benefits Program.
Pay & Benefits
Answers to some of your common questions about CSRS and FERS
Federal retirement expert Tammy Flanagan says “the devil is in the details.”
Pay & Benefits
Senate version of bill to standardize retiree COLAs emerges
The reintroduction of the Equal COLA Act by Sen. Alex Padilla, D-Calif., comes just weeks after the 2024 cost of living adjustment announcement revived complaints about how the government calculates annual increases across retirement systems.
Pay & Benefits
As shutdown looms, fed firefighters express concern over continuity of pay and benefits
If Congress fails to stop a funding cutoff "many of us might not get paid, or at least won’t get paid on time, and that’s a real problem," says one firefighter.
Pay & Benefits
OPM begins prep for annual retirement surge
The federal government’s centralized HR office is urging federal agencies to be proactive in ensuring federal workers’ retirement applications are submitted without errors to streamline processing during the annual spike in claims.
Pay & Benefits
Medicare Part D is coming to an FEHB plan near you
The prescription drug benefit is being automatically added to many of the FEHB program options for the 2024 plan year.
Pay & Benefits
TSP funds’ tumble continues into October
Once again, only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the black.
Pay & Benefits
State and USAID employees abroad face an increased demand and an inadequate supply of mental health resources
The pandemic, war in Ukraine, and a general rise in demand for psychiatric services are some of the reasons the congressional watchdog cited for the strain on mental health resources.
Pay & Benefits
What federal annuitants need to know about Medicare Part D for 2024
This upcoming Open Season will be one of the most important in recent years for annuitants to evaluate their existing plan against those that offer Part D coverage.
Pay & Benefits
TSP: SECURE 2.0 Act contribution limit changes coming in 2026
The federal government’s 401(k)-style retirement savings program will use the entire two-year “transition period” to implement new rules governing how older workers can make catch-up contributions as they approach retirement.
Pay & Benefits
Senate panel advances measures to overhaul federal workers’ death benefits, agency customer service
The money families of federal workers who die while on the job receive in gratuity and funerary benefits has not been updated since 1997.
Pay & Benefits
Time for the fall deadlines
A checklist to help you prioritize as you sort through your federal retirement and insurance benefits.
Pay & Benefits
Bill would significantly raise the on-duty death benefit for fed workers
A bipartisan group of lawmakers want to increase the amount tenfold.
Pay & Benefits
FEHB: Here’s what’s new for Open Season 2024
Expanded infertility coverage and increased premiums are among some of the changes federal employees can expect during Open Season this year.
Pay & Benefits
Lawmakers revive bill to let ex-temps make catch-up retirement contributions
Currently, Federal Employees Retirement System employees who began their careers as temporary or seasonal workers must work longer to receive their full retirement benefits.
Pay & Benefits
Survivor Benefit confusion: part two
What about insurance instead of a survivor benefit election?
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