S Fund Drops in April and I Fund Finishes On Top for Month
The I fund finished ahead of other TSP funds in April. All funds were up with the exception of the S fund.
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 takeāhome compensation.
The I fund finished ahead of other TSP funds in April. All funds were up with the exception of the S fund.
The American Federation of Government Employees is asking the Office of Management and Budget to forgo collecting back retirement taxes from new federal employees to avoid placing an undue financial burden on them.
U.S. Senators Kelly Ayotte (R-NH) and Claire McCaskill (D-MO) have introduced legislation that would prohibit bonuses from being paid to federal workers who are not in good standing with their agency or the law.
The author offers some analysis on the debate over whether federal employees are paid too much or too little and says that neither side is going to concede to the other. He says that salary surveys are a waste and must be done differently for there to be any real conclusion on the debate.
How many federal employees are there in groupings of the highest pay levels for federal employees? Which agencies pay the highest average salaries?
Congressman Blake Farenthold (R-TX) recently introduced legislation that would take away the salaries of federal employees who are found to be in contempt of Congress.
OPM has issued a report on gender pay equality in the government based on a requirement imposed on the agency by the president. Here is a summary of the report. The result: More women are in professional positions than there used to be and the gender pay gap has gone down significantly.
How much does an individual federal employee make? The database of federal employee salaries has been updated with new data and is now available for use.
The House has passed the budget proposal put forth by House Budget Committee chairman Paul Ryan (R-WI).
Rep. Jim Moran (D-VA) said in a recent interview that he believes members of Congress are underpaid for the work they do.