Pay & Benefits

3 Things to Do With Your Extra Money

By on May 22, 2020 in Pay & Benefits with 0 Comments

The coronavirus has many federal employees working at home which could mean they have fewer expenses. These are some ways to put the savings to work.

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The TSP Modernization Act: Expectations vs. Reality

By on May 20, 2020 in Pay & Benefits with 0 Comments
The TSP Modernization Act: Expectations vs. Reality

The TSP Modernization Act was supposed to add flexibility for TSP participants, but is that what it really did?

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Group Calls for 20% Pay Cut for All Federal Employees

By on May 20, 2020 in Pay & Benefits with 0 Comments
Group Calls for 20% Pay Cut for All Federal Employees

A group is calling for “DC politicians and bureaucrats” to take a temporary pay cut to share the economic pain from the coronavirus.

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26.71% Federal Employee Pay Disparity Says FSC

By on May 19, 2020 in Pay & Benefits with 0 Comments
26.71% Federal Employee Pay Disparity Says FSC

The Federal Salary Council has made recommendations for locality pay areas and a pay raise for federal employees in 2021.

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No COLA in 2021?

By on May 18, 2020 in Pay & Benefits, Retirement with 0 Comments
No COLA in 2021?

Is there a possibility or probability of no cost of living adjustment (COLA) in 2021 for Social Security recipients and federal retirees?

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TSP Announces CARES Act Loan Options

By on May 15, 2020 in Pay & Benefits with 0 Comments
TSP Announces CARES Act Loan Options

The TSP has announced details of temporary loan options under the CARES Act to help federal employees impacted by the coronavirus.

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The Thrift Board Blinked

By on May 15, 2020 in Pay & Benefits with 0 Comments
The Thrift Board Blinked

The FRTIB has delayed implementation of its planned change to the TSP’s I Fund, but is this debate really over yet?

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TSP Delays Implementing I Fund Change

By on May 13, 2020 in Pay & Benefits with 0 Comments
TSP Delays Implementing I Fund Change

The TSP’s I Fund will continue using the current index rather than a broader international index based on a decision made today.

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TSP Highlights Withdrawal Options for Participants Affected by the Coronavirus

By on May 13, 2020 in Pay & Benefits with 0 Comments
TSP Highlights Withdrawal Options for Participants Affected by the Coronavirus

The TSP has issued information highlighting withdrawal options currently available to participants impacted by the coronavirus.

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FedSmith Readers Largely Split on I Fund Investing in China

By on May 12, 2020 in Pay & Benefits with 0 Comments
FedSmith Readers Largely Split on I Fund Investing in China

Do FedSmith readers support or oppose expanding I Fund investments into Chinese companies?

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