Promotion While On Pay Retention
OPM.gov gives examples of GS promotions while on retained pay using the 2 step rule. But how do you calculate a GS promotion step if your retained pay is already well above the amount computed using the 2 step rule?
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.
FEHB and the Five Year Requirement
The five year period leading up to a federal employee’s retirement is of critical importance to utilizing FEHB in retirement.
Stocks Tanked This Week; Will You Sell Your TSP Stock Funds?
The stock market is down in August and has gone down faster in the last week. What will you do with your TSP investments in stock funds?
How to Handle a Federal Employment Relocation
Federal employees are often offered incentives for relocating to take new positions. The author provides some tips for federal workers who may be facing a relocation in the near future.
How to Maximize Your Federal Benefits for Your Family After Your Death
The issue of our own mortality is not one we like to think about or discuss with our loved ones. However, it is necessary for proper planning for the future, especially when it comes to matters of personal finance. The author discusses how to maximize some of your most important benefits as a federal employee in the event of your death.
Traveling Feds Will Get an Increase in Their Per Diem Rates
The General Services Administration has released the new per diem rates for FY 2016, giving federal employees who travel for work a modest increase over last year’s rates.
Do FLSA Exempt Employees Get Overtime?
You indicated that an employee cannot receive comp time for the additional hours worked when on TDY unless it is scheduled 30 days in advance in which case the only compensation that can be received is overtime pay. If the employee is exempt, why can he receive overtime pay at all?
A Rare Event: FEGLI Open Season Coming Next Year
OPM announced that there will be an upcoming FEGLI open season.
Department of Labor Proposes Changes to FLSA Regulations
The Department of Labor has proposed changes to the Fair Labor Standards Act as per a memorandum issued by the president last year. What impact could this have on executive branch employees?
Is There a Gender Pay Gap in the Federal Government?
Office of Personnel Management acting director Beth Colbert recently issued a memo directing federal agencies to conduct ongoing analyses to identify and target the existence of gender related pay discrepancies among their employees.
