Legislation Would Ban Bonuses for Some Federal Employees
New legislation would prohibit agencies from paying bonuses to federal employees who commit serious infractions under their agency’s code of conduct.
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.
New legislation would prohibit agencies from paying bonuses to federal employees who commit serious infractions under their agency’s code of conduct.
The author says that one of the TSP’s greatest strengths (its low costs) can also be one of its greatest weaknesses.
Federal employees are allowed to withdraw money from the Thrift Savings Plan while still working for two reasons: financial hardship and age. The author explains how these withdrawals work.
The Treasury Department is having to use “extraordinary measures” to offset hitting the debt ceiling, and that includes using money from the G Fund to help pay for government operations.
A 2018 federal employee pay raise of 1.9% is to be proposed according to new reports.
Recently introduced legislation aims to provide pay parity between any raises given to General Schedule and Wage Grade federal employees.
Are you taking full advantage of the Thrift Savings Plan to save for your retirement? The author provides some simple tips to help you maximize your savings.
The Office of Personnel Management has announced academic agreements with four new schools to provide tuition discounts and/or scholarships to federal employees.
A new report from the Tax Foundation provides a detailed breakdown of income taxes in each state.
Another government shutdown? Apparently it could happen if demands over funding the border wall aren’t met. What would a partial shutdown mean to your pay and benefits?