Changes in Various 2022 Federal Pay Rates for Federal Employees
President Biden’s Executive Order on the 2022 federal pay raise impacts a number of federal employee pay schedules.
Pay & Benefits
If it impacts pay and benefits for federal employees, you’ll find it here. Topics include TSP, FEHB, or pay raises for federal workers.
Great TSP Returns for 2021: Best Performance is 28.68% for One Fund
The TSP’s performance in 2021 was excellent, and federal employees should be pleased when they see the results for December and for all of 2021.
Using the Locality Pay System to Your Financial Advantage
Locality pay areas give some federal employees an option to greatly increase their disposable income. Here is the complete list of 2022 pay raises by locality.
2022 Locality Pay: Winners and Losers
Which locality pay areas received the highest—and lowest—pay raise in 2022? Here is the list.
President Issues Executive Order Finalizing 2022 Federal Pay Raise
President Biden has issued an Executive Order implementing an average federal employee pay raise of 2.7% effective January 1, 2022.
2022 Federal Holidays
What paid holidays can federal employees expect in 2022?
Pay Agent Adding to Locality Pay—Lays Groundwork for Higher Pay in 2023
The President’s Pay Agent has issued its annual report on locality pay and adds one county in Illinois into the locality pay system.
TSP Returns in 2021: One Fund Soaring Almost 26%
One TSP Fund has provided a return of 25.99% so far in 2021. This fund is up 2.29% so far in December. One core TSP Fund has a negative return in 2021.
Inflation Soars Again: Value of 2022 Federal Pay Raise and COLA Going Down
Inflation is soaring. The 2022 COLA will be 5.9%. Inflation is now at 7.6% over 12 months per the CPI-W and the 2022 federal pay raise is projected at 2.7%.
Additional Paid Leave Benefit May Be Coming for Federal Employees
Federal employees may soon have another leave benefit at their disposal: paid parental bereavement leave.
