Pay & Benefits

Financial Considerations When Leaving for a Private Sector Job

By on January 21, 2019 in Pay & Benefits with 0 Comments
Financial Considerations When Leaving for a Private Sector Job

Thinking of leaving your job as a federal employee? These are some important financial considerations to keep in mind when moving to the private sector.

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Bill Would Authorize Interest Free Loans During the Shutdown

By on January 18, 2019 in Pay & Benefits with 0 Comments
Bill Would Authorize Interest Free Loans During the Shutdown

A new legislative proposal would require the Treasury Department to make interest free loans available to federal employees during the shutdown.

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Bill Would Let Federal Employees Withdraw From Their Retirement Funds During Shutdown

By on January 17, 2019 in Pay & Benefits with 0 Comments
Bill Would Let Federal Employees Withdraw From Their Retirement Funds During Shutdown

Recently introduced legislation would let federal employees and contractors withdraw from retirement accounts without penalty during the shutdown.

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President Trump Signs Back Pay Bill

By on January 16, 2019 in Pay & Benefits with 0 Comments
President Trump Signs Back Pay Bill

President Trump has signed legislation into law that guarantees back pay to federal employees.

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Bill Introduced to Formally Block Automatic Pay Raises for Senior Officials

By on January 15, 2019 in Pay & Benefits with 0 Comments
Bill Introduced to Formally Block Automatic Pay Raises for Senior Officials

Legislation has been introduced to formalize the continuation of a pay freeze on the vice president and other senior officials during the shutdown.

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Will FEHB Coverage Continue During a Shutdown?

By on January 14, 2019 in Pay & Benefits, Q&A with 0 Comments
Will FEHB Coverage Continue During a Shutdown?

Does FEHB coverage ever cease under a partial government shutdown?

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Bill Would Let Federal Employees Tap Their TSP Funds During Shutdown

By on January 14, 2019 in Pay & Benefits with 0 Comments
Bill Would Let Federal Employees Tap Their TSP Funds During Shutdown

Recently introduced legislation would allow excepted federal employees to withdraw from the TSP with no penalties to have money during shutdowns.

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A Lack of Financial Planning Leads to Unpleasant Consequences

By on January 13, 2019 in Pay & Benefits with 0 Comments
A Lack of Financial Planning Leads to Unpleasant Consequences

The author says the partial government shutdown is a reminder for federal employees to always be prepared with emergency savings to get through tough times.

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TSA Officers Get $500 Bonuses Amid Shutdown

By on January 13, 2019 in Pay & Benefits with 0 Comments
TSA Officers Get $500 Bonuses Amid Shutdown

The TSA administrator announced he is paying a bonus to officers to help alleviate some of the financial hardship of the shutdown.

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Bill Introduced to Pay Essential Federal Workers During Shutdown

By on January 12, 2019 in Pay & Benefits with 0 Comments
Bill Introduced to Pay Essential Federal Workers During Shutdown

Recently introduced legislation would ensure that essential federal employees continue to get their regular paychecks during the current shutdown.

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