TSP Hardship Withdrawals and Hurricane Harvey
Based on past experience, the TSP may provide aid to federal employees impacted by Hurricane Harvey via hardship in-service withdrawals.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
Based on past experience, the TSP may provide aid to federal employees impacted by Hurricane Harvey via hardship in-service withdrawals.
No action is currently being taken to add new locality pay areas. Here is a summary and a prognosis for adding new ones in January.
Will new locality pay areas be added in 2018 for the federal employee workforce?
GSA has announced the per diem rates for FY 2018 which go into effect in the fall.
The Treasury Secretary says the government needs authority to borrow more money by September 29th. Could federal pension payments be suspended after this date?
If you leave your federal job, you may be eligible to temporarily continue your health insurance under the FEHB.
Did you make changes to your FEGLI elections during last year’s open season? OPM wants to make sure you get the correct coverage.
The CBO has released an analysis of bills that would allow federal employees to make multiple withdrawals from their TSP accounts.
Congress is once again debating whether or not to raise the debt ceiling. Here is what this means for federal employees.
What penalties would I face if I retire at 62 years old but have less than 20 years in service?