Pay & Benefits

TSP Announces Rule Change on Installment Payments

July 31, 2020 9:53 AM

The TSP is lifting a restriction on starting and restarting installment payments based on life expectancy.

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TSP Update: Coronavirus Loans and F Fund Ahead in 2020

July 29, 2020 9:23 AM
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.

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Annual Pay Raise vs. COLA: How Are They Different?

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.

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What Benefits Will Your Family Have When You Pass Away?

July 24, 2020 10:17 AM

These are some benefits available to federal employees the can be transferred to their survivors.

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Lawsuit Seeking Hazard Pay for Federal Employees Over Coronavirus Gets New Plaintiffs

July 23, 2020 11:58 AM
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.

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Top 10 Highest Paid Feds – 1 Is Well-Known

July 21, 2020 2:36 PM
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.

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OPM Proposes New Protections for Federal Employees’ Health Benefits During Future Shutdowns

July 18, 2020 10:24 AM
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.

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Lawmakers Look to Pay Parity to Give Federal Employees a Higher Pay Raise

July 15, 2020 2:56 PM
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.

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FedSmith Readers Plan to Take Advantage of the New L Funds

July 15, 2020 11:38 AM
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.

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New Locality Pay Areas Proposed

July 10, 2020 11:24 AM
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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