2022 Disappointment: TSP Performance Down in January, One Fund Down 10%+
TSP fund performance in January 2022 was not good. One TSP fund was down more than 10% and all core funds were down except for the G Fund.
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.
5.8% Inflation in Consumer Prices Eroding Value of Salaries and COLA
New data show a 40-year inflation surge in consumer prices further eroding recent salary and COLA increases.
TSP’s Mutual Fund Window: More Options, More Risk and More Expenses
A mutual fund window is coming to the TSP in 2022. How likely are federal employees to use the new system, and how will it work?
Knowing When to Hold Them and When to Fold Them: Lessons for Investing Your TSP During Market Downturns
The stock market has been falling so far in 2022. Does this mean you should sell the TSP stock funds?
TSP Returns Dropping: Stock Market Enters Correction Territory With 10% Decline
TSP returns are declining so far in 2022 following several years of very good stock market returns.
Hoping for a Big Raise? 53 Years of the Annual Federal Pay Raises
The annual federal pay raise interests all federal workers. Over the past 53 years, what was the highest, lowest, and average federal pay raise?
OPM Issues Guidance on Implementing $15 Minimum Wage for Federal Employees
Some federal employees will be getting a pay increase per guidance from OPM directing agencies to institute a new $15 per hour minimum wage.
Dr. Fauci, Federal Employee of the Year, Worth $10+ Million
A former federal employee of the year, Dr. Anthony Fauci, is worth at least $10 million. Financial records were released by a Senator after Fauci referred to him as a “moron”.
Bill Would Provide 5.1% Federal Pay Raise in 2023
Legislation introduced in Congress would set the 2023 federal pay raise at 5.1%.
Inflation Rate Continues to Go Up Reducing Value of 2022 Federal Pay Raise
The inflation rate measured by the CPI-W went up 7.8% in 2021 reducing purchasing power of the 2022 COLA and pay raise now in effect.
