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 author says that it is imperative that federal employees be fully aware of and ready to access the multitude of available compensation options at their disposal when the need arises (such as a medical disability) so they can secure their financial futures. He provides an overview of some of these important available options.
Have you left unclaimed money in the Thrift Savings Plan? $88 million is sitting in these unclaimed accounts. Here is how this occurs and how to claim the money you may have invested some time ago.
When does the regularly scheduled work week begin? Is it always on a Sunday or is it Monday?
Which federal organizations have the highest average salaries? Here is a listing of the top 20.
The Office of Personnel Management recently issued a memorandum regarding four legislative changes affecting Federal employee pay and certain benefits.
How long do you have to use the comp time you accrue during the year? Can you lose it if you don’t use it within a certain period of time?
With all the talk about the TSP possibly opening up a mutual fund window and expanding withdrawal options, you may have forgotten that the TSP also offers a Roth option. The author describes the basics of how the Roth option works to help you decide if it is right for your situation.
Senator Pat Roberts (R-KS) has introduced an amendment that would block bonuses and performance awards from being given to federal employees who are delinquent on their taxes.
The TSP has updated the fund information sheets to include the latest available data from 2014. The author provides a quick analysis of the fresh data.
The House budget committee released its 2016 budget proposal last week, largely bereft of any specifics of proposed changes to federal pay and benefits. A new report, however, is shedding some light on these details.
