Pay & Benefits
TSP Announces Rule Change on Installment Payments
The TSP is lifting a restriction on starting and restarting installment payments based on life expectancy.
TSP Update: Coronavirus Loans and F Fund Ahead in 2020
Here are the results of the CARES Act project for the TSP and where participants moved their investments in June.
Annual Pay Raise vs. COLA: How Are They Different?
There is a lot of confusion about the difference between a COLA for federal retirees and a pay raise for federal employees. Here is a summary of the differences.
What Benefits Will Your Family Have When You Pass Away?
These are some benefits available to federal employees the can be transferred to their survivors.
Lawsuit Seeking Hazard Pay for Federal Employees Over Coronavirus Gets New Plaintiffs
A lawsuit seeking hazard pay for federal employees exposed to the coronavirus has been amended to add new plaintiffs.
Top 10 Highest Paid Feds – 1 Is Well-Known
Who are the highest paid federal employees? At least one name on the list will likely sound familiar.
OPM Proposes New Protections for Federal Employees’ Health Benefits During Future Shutdowns
OPM is issuing a proposed rule which would ensure federal employees will not have interruptions in some of their health benefits in the event of a shutdown.
Lawmakers Look to Pay Parity to Give Federal Employees a Higher Pay Raise
A group of House lawmakers are calling on pay parity with the military to give federal employees a bigger raise next year.
FedSmith Readers Plan to Take Advantage of the New L Funds
A majority of respondents in our latest survey said that they plan to utilize the new L Funds in the TSP.
New Locality Pay Areas Proposed
OPM is proposing to add Des Moines, IA and Imperial County, CA to the locality pay area system.
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