Pay & Benefits

TSP Returns Plummet Amid Coronavirus Worries

Nearly all of the offerings in the federal government’s 401(k)-style retirement savings program took a dive last month, mirroring volatility across the stock market.

Pay & Benefits

Staying Healthy Can Pay Off, In Cash

Not only does paying attention to wellness make for a more enjoyable retirement, it can help you get rewards from your health insurance plan.

Pay & Benefits

OPM Reports Improvement in Federal Employees Health Benefits Program Performance, and More

A weekly roundup of pay and benefits news.

Pay & Benefits

Military Family Members and Retirees Could Lose Medical Clinic Access under Pentagon Plan

The Defense Department this week published a plan to downsize dozens of military treatment facilities and make many accessible only to active duty troops.

Pay & Benefits

Setting the Retirement Process in Motion

You’ve met your retirement goals. Now it’s time to start the countdown.

Pay & Benefits

OPM Proposes Pay, Bargaining Changes in 2021 Budget

A weekly roundup of pay and benefits news.

Pay & Benefits

TSP to Increase Auto Enrollment to 5% Later This Year

Proposed regulations would increase the rate at which federal employees automatically contribute to their Thrift Savings Plan accounts from 3% to 5% beginning in October.

Pay & Benefits

Keys to the TSP

Managing your Thrift Savings Plan account requires education and preparation.

Pay & Benefits

OPM, Lawmakers Propose Fixes to New Paid Parental Leave Law

The effort to ensure all federal employees have access to up to 12 weeks of paid time off following the birth, adoption or foster placement of a child now has bipartisan support.

Pay & Benefits

Budget Proposes Cutting and Simplifying Federal Employee Leave, and More

A weekly roundup of pay and benefits news.

Pay & Benefits

Trump Proposes $97 Billion USPS Savings Package, Including Pay and Service Cuts

Plan would "restore solvency" to the cash-strapped agency, White House says.

Pay & Benefits

White House Revives Controversial Retirement Cut Proposals

The Trump administration’s fiscal 2021 budget proposal would require federal workers to contribute more to their retirement benefit programs and reduce annual cost of living adjustments.

Pay & Benefits

Trump Proposes 1% Pay Increase for Civilian Federal Workers in 2021

The proposal marks an improvement over last year’s initial pay freeze request, but a significant downgrade from the average 3.1% pay increase that was ultimately enacted for 2020.

Pay & Benefits

House Republicans Unveil Plan to Boost Merit Pay and Slash Pensions

Proposals would help rein in a "swamp monster" of a runaway bureaucracy, lawmakers say.

Pay & Benefits

Continuing Your Insurance Into Retirement

Answers to common questions about managing the multiple benefits available to you.

Pay & Benefits

House Votes to End Controversial USPS Payments for Future Retirees' Health Care

Postal Service applauds effort, but says more steps are needed to avoid financial collapse.

Pay & Benefits

Federal Employee Retirement Requests Hit Highest Level Since Trump Took Office

A weekly roundup of pay and benefits news.

Pay & Benefits

Most Federal Employee Retirement Funds Struggle to Start the Year

After a strong 2019, most portfolios in the federal government’s 401(k)-style retirement savings program ended January in the red.

Pay & Benefits

Things You May Not Know About Annual Pay and Benefits Increases

The differences between COLAs and salary hikes.

Pay & Benefits

Lawmakers Introduce Bill to Grant Civilian Feds a 3.5% Pay Raise in 2021, and More

A weekly roundup of pay and benefits news.