Pay & Benefits Watch
Long term care insurance: Sharp hike in premiums for feds means enrollees face tough choices
Experts say although long term care is in the cards for most older Americans, an upcoming spike in LTC insurance premiums for feds who are enrolled is just part of a pattern that will remain unbroken until Congress and policymakers act on the neglected—but vital—broader issue of long term care and accompanying costs that will affect a majority of federal families. The program remains closed to new applicants.
Large federal unions endorse the auto worker strike action. A scholar explains why
“They know their job security depends on not just protecting their own rights, but a strong private sector,” says John P. Beck, of Michigan State University.
Pay compression: One expert says a current bill would help, but deeper changes are still needed
“The relatively low pay for very skilled, very experienced workers is a serious problem,” says James L. Perry, professor emeritus of public administration at the University of Indiana.
Expanded telework, a benefit now under threat, effectively boosts pay for hundreds of thousands of feds
Working from home pinches far more than pennies.
Do you know what your TSP is for?
When you were first hired, your retirement benefit may have been described to you as a three-legged stool: pension, Social Security, and TSP savings. One financial planner advises feds not to shortchange the last leg.
Choke points: Labor historian discusses how public-sector unions took hold
Private-sector union strategies and growth have helped public-sector unions and employees.
These 4 things must be paid before you get your federal pension monies
COMMENTARY | One financial planner says it's best to head into retirement with your eyes open.
Bill aims to reinstate tax deduction for fed union dues, and more
Pay and benefits updates you may have missed.
Military Survivor Annuity Program finally offers long-promised open season to choose new beneficiaries
Some retired service members say they are either outright denied or given an impossible runaround when they try to update their elections, but Defense agency pushes back on those allegations.
TSP website problems drag and Defense firefighters raise lag
Pay and benefits updates you may have missed.
OPM establishes emergency leave transfer program to help feds affected by Typhoon Mawar
The typhoon devastated U.S. territories that are home to federal employees.
House GOP plan to curb fed pay and benefits would come at a cost, experts say
Morale, recruitment and retention are likely to take a hit, and there are better ways to save money.
Saving for retirement in your TSP with a federal annuity: How much is enough?
Planning for retirement with a federal pension is different from planning for retirement without one.
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