Pay & Benefits

Legislation Introduced to Allow Multiple Withdrawals from the TSP

By on June 23, 2017 in Pay & Benefits with 0 Comments
Legislation Introduced to Allow Multiple Withdrawals from the TSP

Legislation has been introduced in the House to allow federal employees to make multiple age-based and post-separation withdrawals from the TSP accounts.

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Annual COLA Inching Toward 2% for January 2018

By on June 19, 2017 in Pay & Benefits, Retirement with 0 Comments
Annual COLA Inching Toward 2% for January 2018

The COLA increase for 2018 is edging higher. Here is an outlook for the 2018 COLA and proposals that could impact your current and future federal retirement.

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Legislation Reintroduced to Give Tax Credit to Federal Employees Serving in Combat Zones

By on June 19, 2017 in Pay & Benefits with 0 Comments
Legislation Reintroduced to Give Tax Credit to Federal Employees Serving in Combat Zones

Legislation has been introduced to give the same tax credit to federal employees that military personnel get when working in a combat zone.

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Letters Express Opposition to Proposed Benefits Cuts

By on June 19, 2017 in Pay & Benefits with 0 Comments
Letters Express Opposition to Proposed Benefits Cuts

Two letters were sent last week to Congress expressing opposition to proposed cuts to federal employee benefits in the White House’s budget proposal.

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Federal Employee Pension, G Fund Used to Avoid Government Default

By on June 18, 2017 in Pay & Benefits, Retirement with 0 Comments
Federal Employee Pension, G Fund Used to Avoid Government Default

The debt ceiling for the Federal Government has been reached and it is using accounting techniques to keep paying its bills. Federal employees are helping to fund the “extraordinary measures” now in effect.

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Six Tricks to Make the Most of Your Summer Vacation

By on June 13, 2017 in Pay & Benefits with 0 Comments
Six Tricks to Make the Most of Your Summer Vacation

Looking to get away on vacation this summer? These are some travel perks available to federal employees to make planning easier.

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Postal Service: Highest Paid Employees and Highest Averages

By on June 7, 2017 in Pay & Benefits with 0 Comments
Postal Service: Highest Paid Employees and Highest Averages

The searchable database for Postal employee salaries has been updated with FY 2017 data. Here are some statistics based on the latest available data.

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Tentative Agreement Announced to Give Postal Employees a Pay Raise

By on June 2, 2017 in Agency News, Pay & Benefits with 0 Comments
Tentative Agreement Announced to Give Postal Employees a Pay Raise

The National Association of Letter Carriers recently announced a tentative agreement that would give pay raises and COLAs to a number of Postal employees.

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I Fund Hitting Its Stride

By on June 1, 2017 in Pay & Benefits, Retirement with 0 Comments
I Fund Hitting Its Stride

The I fund is making TSP investors in this fund pleased with their investment decision so far in 2017 with a return rate of more than 14%.

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Federal Employee Pay and Benefits for 2018

By on May 24, 2017 in Pay & Benefits with 0 Comments
Federal Employee Pay and Benefits for 2018

The 2018 federal budget is shaping up to be one that could reflect major changes in the federal pay and benefits package for employees.

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