Pay & Benefits
TSP Changes That Affect Everyone
A mutual fund window and mobile app are among the changes that are coming to the TSP in early June.
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.
Pay & Benefits
Lawmakers Push for 5.1% 2023 Federal Pay Raise
A group of over 60 House Democrats want a higher 2023 federal pay raise for federal employees than what has been proposed by the White House.
Pay & Benefits
2022 TSP Performance: Worst Start for Stocks Since World War II
The performance of the TSP funds so far in 2022 reflects the worst start for stocks since World War II.
Pay & Benefits
2022 TSP Performance: Two Core Funds Down 10%+. Will Investors Panic And Sell?
The 2022 TSP performance has been disappointing so far in 2022 because of the downward trend in stocks.
Pay & Benefits
Average Federal Employee Salary 2010-2021: $74,307 to $93,773. With No Pay Raise, Retirements Went Up
How much has the average federal employee salary changed? Do pay raises which are less than a COLA influence the number of retirements?
Pay & Benefits
Understanding Your TSP Investment Options
What investment options are available in the TSP and how do they work?
Pay & Benefits
11% Drop in TSP Millionaires. How Does Your Investment Performance Compare?
The number of TSP millionaires dropped 11% in the first quarter of 2022 as the stock market declined.
Pay & Benefits
Inflation Raging in 2022: Anticipating 2023 COLA? CPI-W Up 9.4% in One Year
Anticipating a big 2023 COLA? The CPI-W is now up 9.4% in one year based on inflation data from March 2022.
Pay & Benefits
How Does the 2022 Juneteenth Federal Holiday Work for Pay and Leave Purposes?
Juneteenth is a relatively new federal holiday. Here is when it falls in 2022 for pay and leave purposes for federal employees.
Pay & Benefits
Possibility of TSP Investments in China Results in Hold on FRTIB Nominees
Concern over TSP investments in China have led to a hold in the Senate on voting to confirm nominees to the FRTIB.