Pay & Benefits
Senator Calls for New Opt-In Period for Military's Blended Retirement System, More Financial Literacy
A new bill from Sen. Patty Murray, D-Wash., would require service members to "affirmatively" choose between enrolling in the blended retirement system or a traditional military pension.
Pay & Benefits
TSP Outlines Impact of New Lifecycle Fund Implementation
Next week, officials at the federal government's 401(k)-style retirement savings program will begin offering lifecycle funds in five-year increments, moving the options in line with private sector counterparts.
Pay & Benefits
CBP Walks Back Furlough Threat
As many as 8,000 customs officers and other employees could be sent home without pay.
Pay & Benefits
OPM: Some Feds' Leave Canceled Because of COVID-19 Will Be Restored
The federal government's HR agency said it will issue regulations allowing for agencies to restore federal workers' use-or-lose annual leave if it is canceled due to essential coronavirus response work.
Pay & Benefits
A Guide to Pay and Benefits During Furloughs
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Announces CARES Act Loans Now Available
Federal workers and retirees who have been impacted by the coronavirus pandemic may now take advantage of favorable loan terms on their retirement accounts.
Pay & Benefits
Union Urges Congress to Act on Hazard Pay, Expanded Leave and More
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Board Chairman to Resign Following White House Intervention in Retirement Program
Michael Kennedy has served on the board for a decade, overseeing several major initiatives including implementing an employer match for military service members through the blended retirement system and making it easier for participants to access their money.
Pay & Benefits
Social Security Unions File Formal Complaints Over Lack of Emergency Sick Leave
More than two months after the deadline for all employers to offer workers pandemic-related emergency paid sick leave, three unions say the agency is violating the law.
Pay & Benefits
Social Security Services and Scams
What you need to know about recent changes in agency operations and ongoing fraud schemes.
Pay & Benefits
Washington-Area Feds Face Another Obstacle to Returning to the Office: Metro Upgrades
A weekly roundup of pay and benefits news.
Pay & Benefits
The Pandemic Drove the Final Nail in the GS System
The government is confronted with a different workforce management reality than at any time in the past.
Pay & Benefits
TSP Portfolios Continue Gains, But Fail to Make Up Earlier Losses
Although all of the funds in the federal government’s 401(k)-style retirement savings program posted modest increases in May, it was not enough to make up for the economic crash at the start of the coronavirus pandemic.
Pay & Benefits
Lawmaker: White House ‘Overstepped its Authority’ in Demanding TSP Abandon I Fund Changes
Chairman of House Oversight and Reform subcommittee says instructing the Thrift Savings Plan not to shift international investments to a broader index effectively “politicized” the independent agency.
Pay & Benefits
Splitting Up and Splitting Benefits
In the federal retirement world, divorces can be complicated.
Pay & Benefits
OPM Clarifies Leave Policy, Pentagon Outlines Elective Surgery Plans, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
Employees Concerned After Agency Threatens Furloughs Over Budget Shortfall
Employees ask Congress to "please bail us out."
Pay & Benefits