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.
Senator Barbara Mikulski (D-MD) sent a letter to Treasury Secretary Tim Geithner urging him to take federal employees’ pension funds off of the list of available resources used to prevent the country from defaulting on its debt obligations.
OPM has issued a memo telling agencies that within-grade increases are not supposed to be given out automatically. Will the memo change the existing system? Not likely. Here’s why.
Here are a few benefits of working for the federal government that you may not know about and may want to take advantage of once you see the list of possibilities.
With the United States hitting the debt ceiling, can you still withdraw your money from your Thrift Savings Plan? Here is the answer from a TSP official.
TSP funds were all up in April and the leading stock market indices are now up for eight months in a row. Why is gas going up, the value of gold going up, and the official inflation rate staying low? What are TSP investors doing with their money during this period of uncertainty?
The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?
Maximizing your Federal employee benefits starts with you making the effort to find out first what benefits you may be eligible to receive.
The latest budget proposal from the administration does not adopt many of the recommendations from the deficit reduction commission and does not propose substantial changes to the federal retirement system. Here are some of the changes proposed to save money by the federal government that will impact some in the federal community–including one agency where the agency would initiate a buyout of jobs no longer needed.
The deficit reduction commission made a number of proposals late last year, including some that would impact federal pay and benefits. President Obama has not endorsed the recommendations. That may be about to change. Here is a summary of proposals from this commission that would impact the federal workforce and retirement programs.
The Republican Study Committee has released a budget proposal that would make $9.1 trillion in spending cuts, some of which would impact federal employees.
