Managing Variability in Thrift Savings Plans
A basic knowledge of variability is essential for managing your investments in the Thrift Savings Plan (TSP). The author discusses some common mistakes investors make and ways to manage them.
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.
Considering The New TSP Roth Option
The TSP will begin offering a Roth option in during the second quarter (April – June) of this year. The author provides some considerations for investors when deciding whether or not to utilize this new option in their TSP accounts.
House Passes Pay Freeze Extension – How Did Reps Vote?
The House voted late Wednesday to extend the pay freeze on federal employees and members of Congress for one year. How did each individual Representative vote?
CBO: Federal Compensation 16% Higher Than Private Sector
The Congressional Budget Office has released a study comparing pay and benefits of federal workers to workers in the private sector across wages, benefits and total compensation (wages plus benefits). On average, federal employees came out ahead in each case.
Pay Parity and Your 2013 Pay Raise
The debate over a pay raise for federal employees in 2013 is well underway. Pay parity with the military is a tactic proponents will often use to vie for a larger pay increase for federal employees.
No FEGLI Open Season In Near Future
According to an OPM source, there will be no FEGLI open season in the near future.
House Bill Would Extend Pay Freeze, Increase Retirement Contributions
Republicans in the House have introduced legislation that would extend the pay freeze on federal employees as well as increase employee retirement contributions under both CSRS and FERS.
Sherk: Federal Employees Should Pay for Job Security
In the debate over how to pay for the payroll tax cut extension, one group is suggesting that rather than a pay freeze, federal employees should be required by Congress to pay for their job security.
Federal Employees’ Pay Freeze Could Be Extended to Cover Payroll Tax Cut
The Senate is currently debating a possible payroll tax cut extension, and one plan being discussed includes an additional three year pay freeze on the federal workforce.
Federal Employee Pay Freeze and Extra Time Off for Christmas
Will federal employees get extra time off (with pay) during the holiday season? With a multi-year pay freeze in effect, some agencies may use their authority to grant more time off.
