Tag: Federal Pay

Some CSRS Offset Employees Will Receive Extra Money (and Interest)

Filed in News by on July 16, 2015 Comments

Are you a CSRS offset retiree? If you are in this group of federal employees, a letter coming from the Defense Finance and Accounting Service (DFAS) may interest you as you may be in for at least a small, unexpected financial gain.

Continue Reading »

The Confederate Flag and Your 2016 Pay Raise

Filed in News by on July 15, 2015 Comments

How does a controversy over flying the Confederate flag impact the 2016 federal employee pay raise?

Continue Reading »

Locality Pay for Feds: How Is Your Paycheck Impacted?

Filed in News by on July 14, 2015 Comments

How much of a difference will locality pay make in your paycheck? This article compares actual locality pay to the “target pay gap” in each locality pay area and how it impacts the salary levels for hundreds of thousands of federal employees.

Continue Reading »

Federal Retirement Contributions and Pension Calculations: More Changes Coming?

Filed in News by on July 9, 2015 Comments

Will the federal retirement system be changed to require greater contributions from federal employees in the near future? Will the retirement computation change from a high three to high five? Here is a quick summary of pending issues federal employees should be watching.

Continue Reading »

2016 Locality Pay and How It Will Impact Your Paycheck

Filed in News by on July 7, 2015 Comments

FedSmith has received questions from geographic readers in areas to be covered by new locality pay rates. Most readers asking questions are wondering if they will receive the full locality pay differential cited by the Federal Salary Council. Our advice: Don’t make any purchases based on your expectations of increased income until you know the actual amount you will receive. This article explains why.

Continue Reading »

Will Federal Retirees Get a COLA Increase in 2016?

Filed in News by on June 18, 2015 Comments

How much will federal retirees and Social Security recipients receive with a new COLA calculation that will go into effect in January? As of today, there would not be any increase.

Continue Reading »

2016 Federal Pay Increase Meandering Through Congress

Filed in News by on June 18, 2015 Comments

A House committee has advanced a bill that may impact the federal pay raise for 2016—by not proposing an alternative pay raise figure for next year.

Continue Reading »

How Much Will Your Pay Increase in 2016?

Filed in News by on June 12, 2015 Comments

How much will your pay raise be in 2016? The president has recommended 1.3%. Congress could intervene but has not done so. What about a pay increase for military personnel and federal retirees?

Continue Reading »

Free Email Updates

Sign up for our free email updates to get our latest news sent directly to your inbox
  • Get our latest news in your inbox each business day
  • More news from your FedSmith.com authors
  • Get the day's closing prices for the TSP funds
  • Get notified via email when new videos are posted