Pay & Benefits
What Happens to My Retirement If I Resign?
Answers to this and other hypothetical questions.
Pay & Benefits
Federal Advisory Group Finds Feds Are Paid 26.71% Less than Private Sector Counterparts
In their annual report, members of the Federal Salary Council recommend updates to datasets used in determining a region’s eligibility to become a locality pay area.
Pay & Benefits
TSP Announces Upcoming COVID-19 Loans, Withdrawals
New loan and withdrawal options enacted through the CARES Act will become available in June and July, respectively, while officials have noted other options for participants to access their money are already in place.
Pay & Benefits
How to Motivate Young Workers to Save For Retirement
Whether you’re a parent or a boss, it’s in everyone’s interest to ensure younger generations are ready for life after work.
Pay & Benefits
GovExec Daily: Recruiting and Retaining During a Pandemic
MSSmedia's Barbara Gretsch discusses how organizations like the New York National Guard can recruit during the coronavirus crisis.
Pay & Benefits
How Long Does It Take To Get a TSP Withdrawal?
A look at the process of taking money out of your retirement savings.
Pay & Benefits
TSP Highlights COVID-19 Withdrawal Options, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Board Delays International Fund Change Amid White House Pressure
Although board members stated the pause was because of the turmoil caused by the worldwide coronavirus pandemic, they pleaded with their newly nominated replacements not to allow politics to enter the decision-making process.
Pay & Benefits
How to Keep Your TSP Account Secure in the Era of COVID-19
Scammers and fraudsters are taking advantage of the novel coronavirus pandemic to target online financial accounts.
Pay & Benefits
New House COVID-19 Bill Includes Hazard Pay for Feds, Strengthens Protections for Telework and Sick Leave
Pelosi on Tuesday unveiled legislation that would provide up to $10,000 in premium pay for federal workers on the front lines of the coronavirus outbreak and would prevent agencies from exempting employees from paid sick leave benefits.
Pay & Benefits
White House Orders TSP Board to Halt International Fund Index Change
After months of lobbying, President Trump has intervened in the independent agency’s decision to shift foreign investments to a more expansive index of international firms.
Pay & Benefits
House Democrats Urge Leadership to Begin Paid Parental Leave for Feds Early
A group of 12 lawmakers said the new benefit for federal workers, currently slated for implementation in October, should apply retroactively to December.
Pay & Benefits
Let Feds Carry Over Their Unused Leave
In a global pandemic, it isn’t right to expect people to take use-or-lose vacation time.
Pay & Benefits
House Legislation Would Protect Feds’ Unused Leave During Coronavirus Pandemic
Rep. Jennifer Wexton, D-Va., has introduced a bill that would ensure that federal workers who are unable to take a vacation due to the COVID-19 outbreak will not lose their paid leave.
Pay & Benefits
When Can You Afford to Retire?
Questions to ask yourself if you’re considering early retirement.
Pay & Benefits
Trump Moves to Replace TSP Board Members, Prompting Concerns of Politicization
The nomination of three new board members follows months of lobbying by Republican lawmakers and advocacy groups to stop the Thrift Savings Plan from changing its international fund to include investments in Chinese companies.
Pay & Benefits
Labor Department Lowers the Bar for Some Feds to Prove Workplace COVID-19 Exposure
Federal workers in jobs like law enforcement and health care who contract the novel coronavirus will automatically qualify for workers compensation benefits, the department said.
Pay & Benefits
Bipartisan Senate Group Urges Hazard Pay for Feds
Nineteen senators encourage authorization of a 25% pay increase for frontline federal workers during the coronavirus pandemic, along with more guidance enhancing telework, leave and other protections for employees.
Pay & Benefits
TSP Portfolios Bounce Back after March Losses
All funds in the federal government’s 401(k)-style retirement savings program posted gains last month, as the stock market began to rebound from a historic fall.
Pay & Benefits