2024 Provides Positive Start for TSP Investors
L Fund investments are increasing in the TSP. CSRS participation is declining as these investors age. More federal employees now getting the full match.
L Fund investments are increasing in the TSP. CSRS participation is declining as these investors age. More federal employees now getting the full match.
The average federal salary now tops $100,000—not including the 5.25% average pay raise in 2024. Most federal employees are now in a locality pay area.
Creating a holiday commemorating Martin Luther King was a foregone conclusion. The cost of paying federal employees for the holiday was a major point of contention.
With the 2024 federal pay raise in mind, which administration gave federal employees a total raise of 0.96%? Which one awarded 33.2% in total raises?
Inflation in December was higher than expected but the rate has dropped considerably. 2025 COLA payments will continue going back to a more normal range.
Political wrangling over serious problems could lead to a government shutdown. The 2024 federal employee pay raise could emerge as an issue with spiraling debt limiting options.
The number of locality pay areas has increased 63% since 2015. How many federal employees are in a locality pay area, and what is the total cost of locality pay?
2023 TSP performance provided a high return for TSP investors. Two TSP stock funds had returns of more than 25%. One TSP Fund shot up 10% in December.
Which 2024 locality pay areas received the highest pay raises? Which ones received the lowest? How did the new locality pay areas fare? Here are the answers.
The 2024 GS pay scale is based on a 5.2% average federal pay raise. Here are the pay raises for all GS locality pay areas.