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.
Any federal employee who may have wondered if career civil service employees are involved in politics need only consider the current budget war on spending for fiscal year 2008 (for the fiscal year that started October 1st). Will there be a government shutdown? Will “nonessential” federal employees be sent home? Will the dispute impact your 2008 pay raise?
Last week’s article on the I fund generated questions and comments from readers. “Isn’t the I Fund a Risky Investment for a Conservative Investor?” was a common question. Here is more information about the I fund and the difference between the I fund and high risk/high reward “emerging markets”.
TSP participants are sitting back and watching their returns grow each month. Here is a summary of the biggest winners.
FedSmith recently posted the 2008 pay rates. Here is more information on the 2008 locality pay areas.
What is the value of the compensation package for the average federal employee in 2006? Would you believe $111,180?
Readers have strong opinions about Congressional involvement in the TSP and fear that the pot of money is an irresistible temptation for lawmakers.
Would you prefer to have your TSP money only being invested in “socially responsible” companies as defined by Congress or the TSP?
How much does the average federal employee make? How about the average federal professional employee? Does anyone get promoted in government? Does anyone get awards and how much are the awards worth?
Security notice from the TSP regarding security of TSP accounts and personal investor responsibility.
Will the TSP repay investors who lost money when thieves withdrew money from their TSP accounts? If you are not one of the investors who lost money, do you even care?
