Congressman Wants to Pay Bonuses to Federal Employees Who Worked During the Shutdown
Recently introduced legislation would pay bonuses to federal employees who worked without pay during the recent partial government shutdown.
Pay & Benefits
Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.
Lawmakers Looking Into Back Pay Problems
Three lawmakers want information on what is being done to resolve problems in giving federal employees their full back pay from the recent shutdown.
Senate Bill Would Eliminate Congressional Pensions
Legislation introduced this week would end pensions for Members of Congress if it were to become law.
More Lawmakers Want Back Pay Plus Interest for the Shutdown
Companion legislation has been introduced in the House to give federal employees back pay plus interest for shutdowns.
Lawmakers Seeking 3.6% Raise for Federal Workers in 2020
Legislation has been introduced to give federal employees a 3.6% pay raise in 2020.
No Retroactive Pay Raise Currently in the Works
Two open bills in Congress would give federal employees a raise, but neither one offers a retroactive pay increase.
How Long Should You Keep Tax Records?
What tax related documents do you need to keep, and for how long do you need to keep them? These are some guidelines for tax purposes.
Rule Change Will Facilitate Borrowing from TSP During Shutdowns
A rule change will allow certain TSP participants to request loans during government shutdowns regardless of whether they are being paid.
Bill Would Withhold Pay for Congress, President During Shutdowns
Legislation has been introduced to withhold pay for Congress, the president and vice president in the event of government shutdowns.
How Many Millionaires Are in the Thrift Savings Plan?
The bull market in stocks has increased the number of millionaires in the TSP, but the number did decline in 2018.
