October TSP Performance Up; Two Core Funds Up 8%+
The TSP performance in October 2022 was up significantly with returns for some TSP funds above 8%.
Federal Employee Pay News
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Topics include TSP, FEHB, or 2023 federal pay raise, 2023 GS locality pay, 2023 GS pay scale, OPM and GS pay news.
2023 FEHB Plans With Higher Self Plus One Premiums Than Family Option
Some 2023 FEHB plans have higher premiums for the Self Plus One option than the Self and Family option.
Federal Employee Salaries Average $143,643 in Total Compensation
Federal employee salaries often do not include the value of federal benefits. A recent analysis looks at federal benefits as well as salaries.
FRTIB Provides Update on New TSP Website and Converge System
Major changes were implemented at the TSP this year, but they came with some problems. Here is where things stand as of October.
How Not to Lose Your FEHB in Retirement
Federal employees can lose FEHB coverage in retirement unless they meet certain criteria.
Is the TSP Really Cheap?
How do the TSP fund expenses compare to comparable funds outside of the TSP?
What is Driving the 2023 FEHB Premium Increases?
OPM has provided more details about the 2023 FEHB premium increases and what is driving them.
The Stock Market is Down in 2022; How Are TSP Participants Responding?
Although TSP fund performance is down sharply in 2022, the majority of TSP participants appear to be staying the course with their investing.
Enhanced Gender Affirming Care Will Be Available in 2023 FEHB Plans
OPM said that 2023 FEHB plans will provide a number of “enhanced benefit offerings” in areas such as gender dysphoria and Assisted Reproductive Technology.
4.1% Differential Between 2023 Pay Raise, COLA
Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.
