Renewed Effort to Give Federal Employees a Holiday for Lunar New Year
Legislation has been reintroduced to create another federal holiday for Lunar New Year.
Federal Employee Pay News
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Topics include TSP, FEHB, or 2023 federal pay raise, 2023 GS locality pay, 2023 GS pay scale, OPM and GS pay news.
2024 Federal Pay Raise: How About 8.7%?
Legislation has been introduced to set the 2024 federal pay raise for federal employees at 8.7%.
What Federal Employees Should Know About Assignment of FEGLI Coverage
Assigning your FEGLI coverage to another party? This is when you might want to consider it and what you should know before committing.
2023 Starts With Strong TSP Performance: One Fund Up 8.25% So Far
While the year is still young, the TSP performance so far in 2023 is off to a good start. Here are the latest fund returns.
Number of TSP Millionaires Goes Up to 76,889 at Close of 2022
How many TSP millionaires are there? The number at the end of 2022 is the lowest end of the calendar year figure since 2020 but still an improvement over earlier this year.
How to Double Your TSP In 2023
There are only two things required to double your TSP account over time.
President’s Day: Why It is Celebrated, Expanded, and Impact on Federal Employees
President’s Day is a relatively new holiday. It’s official title is Washington’s Birthday but President’s Day is now the more common name used.
Debt Ceiling and How Your G Fund Investment Will Be Impacted
Attention G Fund investors: The federal government has exhausted its ability to borrow more money and will hit the debt ceiling. Your investment will be used to help finance more borrowing.
Waste in FEHB Program Could Be Costing $1 Billion Annually
A new GAO report says that payments made to ineligible family members under FEHB could be costing OPM as much as $1 billion every year.
Pay Compression, Pay Caps Impacting Federal Employees Frozen at $183,500
Pay compression and the pay freeze now impact senior federal employees in 31 GS locality pay areas.
