What’s the Difference in the Annual COLA and Pay Raise?
The annual COLA and pay raise are complex and often cause confusion. This is what they are and how they are different.
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.
The annual COLA and pay raise are complex and often cause confusion. This is what they are and how they are different.
The 2024 locality pay areas have been finalized, but it has led to confusion among impacted employees. Here is an explanation.
The locality pay areas for 2024 have been announced. About 33,000 federal employees will be added to the locality pay system. Here is a complete list of these areas.
How do the TSP L Funds work, and are they the best investment option for federal employees?
The 2023 TSP satisfaction survey results have been reported. TSP returns are rebounding so far in November.
A change has been approved to the index tracked by the TSP’s I Fund to expand international investment options for federal employees and retirees.
How is the annual federal employee pay raise determined for the upcoming year?
FEHB Open Season for the 2024 plan year is underway. These are some important resources to help federal employees and retirees.
Why do federal employees celebrate the 2023 Veterans Day holiday on November 10th instead of November 11th?
Should federal employees treat their Roth TSP investment allocations differently than traditional TSP?