Quick Guide: FERS Retirement for Busy Employees
Do you know the basic benefits included under FERS? This is a quick overview of them and what each provides.
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.
Concurrent Budget Resolution Proposes Benefit Cuts for Federal Employees
The concurrent budget resolution passed in the House proposes significant changes to federal employee benefits. Here is a quick summary.
Proposal to Raise Max Buyout to $40,000 for Federal Employees
A bill to increase buyouts to maximum of $40,000 has been introduced in the Senate.
TSP Relaxes Hardship Withdrawal Rules for Hurricane Maria Victims
The TSP is temporarily relaxing its hardship withdrawal rules to help federal employees impacted by Hurricane Maria.
How Much Are Your FEHB Premiums Increasing in 2018?
The enrollees’ share of FEHB premiums will be increasing by an average of 6.1% in 2018 according to the Office of Personnel Management.
What is the One TSP Fund Up 20% in 2017?
Which TSP fund has had the highest rate of return so far this year? The answer may surprise you.
Now is a Good Time to Verify Your FEGLI Coverage
Did you make changes to your FEGLI elections during last year’s open season? OPM wants you to ensure they are correct.
The Truth About Federal Pay
Are federal employees over or underpaid? The author says that reports on both sides of the argument are generally inaccurate.
80% Differential in Federal and Private Sector Compensation
A new study argues federal workers are paid 80% higher than private sector workers with respect to their total compensation package.
OPM Reminds Agencies About Emergency Leave Transfers
An emergency leave transfer program is now available for agencies with employees impacted by hurricane Irma.
