Federal Employee Salaries Average $143,643 in Total Compensation
Federal employee salaries often do not include the value of federal benefits. A recent analysis looks at federal benefits as well as salaries.
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 employee salaries often do not include the value of federal benefits. A recent analysis looks at federal benefits as well as salaries.
Major changes were implemented at the TSP this year, but they came with some problems. Here is where things stand as of October.
Federal employees can lose FEHB coverage in retirement unless they meet certain criteria.
How do the TSP fund expenses compare to comparable funds outside of the TSP?
OPM has provided more details about the 2023 FEHB premium increases and what is driving them.
Although TSP fund performance is down sharply in 2022, the majority of TSP participants appear to be staying the course with their investing.
OPM said that 2023 FEHB plans will provide a number of "enhanced benefit offerings" in areas such as gender dysphoria and Assisted Reproductive Technology.
Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.
Some federal employees will need to make changes to their FEHB plans for 2023 as a result of some upcoming changes to various plans.
2023 FEHB premiums are increasing considerably. How much more will federal employees under the nationwide Blue Cross Blue Shield programs have to pay?