‘High Three’ to ‘High Five’
Government spending to recover from Hurricane Katrina means spending cuts will probably be necessary in other government programs. One possibility is changing the formula for calculating federal employee pension benefits.
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.
Federal Vision, Dental Program Start Delayed
OPM has delayed the start of the dental and vision program for federal employees.
Federal Salaries: Myths, Misperceptions and Reality
Readers questioned the data on federal employee salaries in a recent article. Here is more information on what goes into the data and why the information generates interest among readers.
Quick Look At Federal Employee Salaries
Some readers expressed disbelief at the average federal salary figures in a recent FedSmith.com article. Here is more information on federal salaries.
COLA’s, Pay Raises and the Federal Community
Some federal retirees may get a higher pay raise than active federal employees in 2006.
No Pay Increase for These Civil Service Employees?
The agency and the union are starting labor negotiations and the parties are far apart in their initial positions.
Federal Retirement Thrift Investment Board Announces Roll-Out Of Lifecycle Funds
Effective Aug. 1, TSP participants will have another investment option from which to choose.
TSP Funds Up During Quarter and Month
TSP funds have a positive return for the month and most fared well during the second quarter of the year.
Flexible Spending Account Program Improved For Federal Workers
OPM said it will give federal workers enrolled in the Federal Flexible Spending Account Program an additional two-and-a-half months to incur claims for the 2005 plan year and use their 2005 account balances – in effect extending the “use-it or lose it” rule by two-and-a-half months.
Mid-Month TSP Report: Most Stock Funds Show Strong Results
How are your TSP investments performing so far this month? Most TSP investors will be pleased.
