OPM Renews BENEFEDS Contract
OPM has renewed its contract with LTC Partners to have the company continue providing BENEFEDS services to federal employees.
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.
OPM has renewed its contract with LTC Partners to have the company continue providing BENEFEDS services to federal employees.
There is now another indication that federal employees will receive an average raise of 1.9% in 2018.
The government may shut down April 29th. A bill to ensure federal employees are paid has not been approved. Congress will only have a few days to approve funding after convening in late April.
One Senator wants to make sure federal employees get their full paychecks if the government shuts down later this month.
Recently introduced legislation would change withdrawal rules to give federal employees more options when taking funds out of their TSP accounts.
Congress recently established three new types of administrative leave. The author explains how they work and to whom they apply.
The I fund finished ahead of other TSP funds in March and for the first quarter of the year.
Why do current federal employees get a much higher pay raise than federal retirees? I am a retiree and feel that this is unfair.
Two recent guidance documents from OPM highlight provisions affecting the pay for certain federal employees. The author explains what this means for the impacted employees.
Special Provisions federal employees who have a mandatory retirement age face unique retirement planning challenges, but fortunately there is a relatively new TSP law that can help.