Most Federal Employees Will Have Back Pay by End of January
Most federal employees should have their full back pay by the end of the month according to OPM.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
Most federal employees should have their full back pay by the end of the month according to OPM.
The author says that Medicare and FEHB are good benefits separately, but they do not work well when used together.
The author points out that the recent government shutdown highlights the important of having an emergency fund for times life happens and paychecks get missed.
OPM has issued guidance to agencies to have employees paid quickly who were impacted by the shutdown. The guidance also answers common questions about leave and pay.
Legislation has been introduced to give federal employees a pay raise retroactive to the start of 2019.
The shutdown has caused financial stress for federal employees who have had to go without paychecks. The author provides tips for financial protection both now and in the future.
Recent lawsuits mean some federal employees could be eligible for double pay because of the shutdown, but it could be a while before they see the money.
The shutdown is officially over, for now. When will federal employees get paid?
A short-term agreement will re-open the government until February 15th. Back pay will occur quickly for federal employees according to President Trump.
The IRS is recalling additional employees back to work to process tax returns. The union agreement may provide a basis for not returning to work until the shutdown ends.