Stock Market Spooking TSP Investors
Stocks are down again in September as TSP investors head for the safety of the G and F funds.
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.
More Discounts for Government Workers
These are some available discounts to government workers from various major companies.
Government Employee Discounts
Government employees are eligible for discounts from some major companies. These are a few examples.
Ridin’ the Storm Out
The stock market’s recent activity has many people concerned about the future.
Perfect Storm for Federal Pay and Benefits Gains Momentum in Deficit Reduction Negotiations
With federal employees in the eye of a political storm, recommendations to increase the cost of federal benefits may be closer to reality. Here are some of the proposals any current or retired federal employee should read.
‘Back in Black:’ Plan Would Freeze Federal Employees’ Pay for Three Years
Senator Tom Coburn, M.D. (R-OK) has released a new report called “Back in Black” that outlines how the federal government can reduce the deficit by $9 trillion over the next ten years and balance the federal budget.
Federal Pay, Federal Retirement and the Debt Ceiling
The federal government will receive about $172 billion in August. That is not enough to pay expenses. Who will get paid and who won’t get paid if the debt ceiling is not raised?
TSP Funds Down in June
How are your TSP funds doing so far in 2011? Your funds are doing well for the year but the results for May and June are mostly negative.
Senator Mikulski Objects to Use of Federal Employees’ Pension Funds in Debt Reduction Negotiations
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.
Those ‘Automatic’ Within-Grade Increases and a Performance Based Pay System
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.
