Why Retiring Now Won’t Help You Cash In on the 2023 COLA
Federal employees planning to retire at the end of 2022 to take advantage of the large 2023 COLA are likely to be disappointed.
Ralph R. Smith
October TSP Performance Up; Two Core Funds Up 8%+
The TSP performance in October 2022 was up significantly with returns for some TSP funds above 8%.
Massive Illegal Immigration Leads to Deploying Air Marshals for Welfare Border Checks
The continuing surge of illegal immigration along the Mexican border is leading to sending federal air marshals there to assist instead of securing airlines.
Federal Employee Salaries Average $143,643 in Total Compensation
Federal employee salaries often do not include the value of federal benefits. A recent analysis looks at federal benefits as well as salaries.
4.1% Differential Between 2023 Pay Raise, COLA
Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.
2023 COLA for Federal Retirees Highest Since 1981
The 2023 COLA for federal retirees and Social Security recipients has been announced and will be the largest in since 1981.
TSP Losses Accelerate: One TSP Fund Down About 30% This Year
Losses in TSP Funds deepened in September and stocks had the worst nine months of a calendar year since 2002.
Job Security: Arbitrators Uphold 42% of Federal Employee Dismissals
Federal employees enjoy job security. Do employees fare better with MSPB or arbitration appeals? See results from recent record analysis.
Update on TSP Website Problems; All TSP Funds Have Negative Return With One Down 30%+
One TSP Fund is now down more than 30% in 2022. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified.
Two New Additions Proposed for Locality Pay Areas
OPM is proposing to add Carroll County, IL and Brooks County, TX into locality pay areas.
