More Telework, Rapidly Expanding Locality Pay, and Lax Agency Oversight
Telework has expanded in federal government, and the size and number of locality pay areas have increased. One Senator has uncovered problems stemming from lax oversight.
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.
Telework has expanded in federal government, and the size and number of locality pay areas have increased. One Senator has uncovered problems stemming from lax oversight.
These are 11 common misconceptions federal employees often have about the TSP.
Are some federal employees receiving locality while living and working outside of that pay area? A report and questions from a Senator highlight the issue.
The G Fund is a unique fund within the TSP which is an overall excellent benefit for federal employees. How does this fund fit into your TSP investments?
One TSP Fund—the most widely held Fund—is up 11.2% (so far) in 2024. Only one TSP Fund is down.
Unused sick leave can be a valuable tool to help federal employees boost their retirement pensions.
Millions of Americans could see their taxes rise beginning in 2026, so proper planning now is imperative.
The 2025 HSA contribution limits have been announced. Learn how to maximize your HSA and its potential to bolster your financial security.
Federal employees who are considering taking a private sector job must carefully compare their federal benefits to the new position.
Several changes in the TSP make it easier to use this important federal employee benefit as the mobile app is gaining acceptance. TSP Funds are roaring back so far in May!