Pay & Benefits

New TSP Hardship Withdrawal Option Likely Coming Soon

By on February 15, 2020 in Pay & Benefits with 0 Comments
New TSP Hardship Withdrawal Option Likely Coming Soon

A proposed rule would allow TSP participants to make hardship withdrawals in the event of natural disasters.

Continue Reading »

House Bill Would Expand Paid Parental Leave to All Federal Employees

By on February 13, 2020 in Pay & Benefits with 0 Comments
House Bill Would Expand Paid Parental Leave to All Federal Employees

A House bill would expand paid parental leave to cover some federal employees who were excluded by the new law.

Continue Reading »

Cutting Federal Benefits to Align With Private Sector

By on February 11, 2020 in Pay & Benefits with 0 Comments
Cutting Federal Benefits to Align With Private Sector

The 2021 budget proposes major changes in federal benefits to align more closely with private sector benefits.

Continue Reading »

White House Proposes 1% Pay Raise in 2021

By on February 10, 2020 in Pay & Benefits with 0 Comments
White House Proposes 1% Pay Raise in 2021

The 2021 budget proposal from the White House includes a suggested pay raise for federal employees.

Continue Reading »

Task Force Proposes Eliminating FERS

By on February 7, 2020 in Human Resources, Pay & Benefits with 0 Comments
Task Force Proposes Eliminating FERS

A task force report urges major changes to the civil service system from pay and benefits to handling removal actions and appeals by federal employees.

Continue Reading »

Your TSP and the Coronavirus

By on February 3, 2020 in Pay & Benefits with 0 Comments
Your TSP and the Coronavirus

Stock markets reacted quickly to news of a virus spreading quickly. The January TSP returns reflect this fear.

Continue Reading »

Lawmakers Want a 3.5% Pay Raise for Federal Employees in 2021

By on January 28, 2020 in Pay & Benefits with 0 Comments
Lawmakers Want a 3.5% Pay Raise for Federal Employees in 2021

Two lawmakers have introduced legislation to provide a 3.5% pay raise for federal employees in 2021.

Continue Reading »

FRTIB Proposes Simplifying TSP Catch-Up Contribution Process

By on January 25, 2020 in Pay & Benefits with 0 Comments
FRTIB Proposes Simplifying TSP Catch-Up Contribution Process

A proposed rule aims to simplify the catch-up contribution process for the TSP.

Continue Reading »

Bill Would Publicize Tax Debts of Federal Employees

By on January 17, 2020 in Pay & Benefits with 0 Comments
Bill Would Publicize Tax Debts of Federal Employees

Legislation has been introduced to make the tax debts of federal employees and retirees public information.

Continue Reading »

Federal Employees’ Favorite Topics in 2019

By on January 16, 2020 in Pay & Benefits, Retirement with 0 Comments
Federal Employees’ Favorite Topics in 2019

Which topics were of the most interest to federal employees in 2019? Here is the top 20 list of the most popular FedSmith articles last year.

Continue Reading »

Top