Biden Proposes 2.7% Pay Raise in 2022
President Biden has proposed a 2.7% pay raise for federal employees in 2022.
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 takeāhome compensation.
President Biden has proposed a 2.7% pay raise for federal employees in 2022.
What is a residential TSP loan and how does it work?
The latest meeting of TSP executives outlined legislative and administration actions, their potential impact on the TSP, and highlights of L Fund investments.
Fossil fuels in TSP investments is a hot political issue. President Biden has issued an Executive Order with ramifications for the TSP.
OPM has announced a one time special enrollment opportunity for federal employees to increase or decrease elections under FSAFEDS.
Bills have been introduced again to stop the TSP from investing federal employees’ retirement funds in Chinese companies.
When are federal employees likely to learn more about the possibility of a 2022 pay raise? Soon, very soon.
Postal reform legislation may impact the rest of the federal workforce by changing Medicare eligibility and increasing FEHB costs.
Another legislative effort is being made to increase locality pay for some federal employees.
Recently introduced legislation would expand paid parental leave to USPS employees.