The TSP Modernization Act: Expectations vs. Reality
The TSP Modernization Act was supposed to add flexibility for TSP participants, but is that what it really did?
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.
Group Calls for 20% Pay Cut for All Federal Employees
A group is calling for “DC politicians and bureaucrats” to take a temporary pay cut to share the economic pain from the coronavirus.
26.71% Federal Employee Pay Disparity Says FSC
The Federal Salary Council has made recommendations for locality pay areas and a pay raise for federal employees in 2021.
No COLA in 2021?
Is there a possibility or probability of no cost of living adjustment (COLA) in 2021 for Social Security recipients and federal retirees?
TSP Announces CARES Act Loan Options
The TSP has announced details of temporary loan options under the CARES Act to help federal employees impacted by the coronavirus.
The Thrift Board Blinked
The FRTIB has delayed implementation of its planned change to the TSP’s I Fund, but is this debate really over yet?
TSP Delays Implementing I Fund Change
The TSP’s I Fund will continue using the current index rather than a broader international index based on a decision made today.
TSP Highlights Withdrawal Options for Participants Affected by the Coronavirus
The TSP has issued information highlighting withdrawal options currently available to participants impacted by the coronavirus.
White House Orders FRTIB to Stop Planned Change to I Fund
The White House is taking formal action to stop a planned change to the TSP’s I Fund.
Lawmakers Want Retroactive Application of Upcoming Paid Parental Leave Benefit
A small group of lawmakers want the new paid parental leave policy to be made retroactive to apply to more federal employees.
