There are more changes to the NSPS system that will please some under the system. It isn’t simple but it is based on pay for performance–a horrifying concept according to many comments from readers who like the system of everyone getting the same pay raise every year.
2007 was a volatile year for stocks. Is your TSP portfolio diversified if the trend continues–or gets worse–in 2008? Here is a wrap-up of the returns for the past year.
Tens of thousands of federal employees are heading into retirement. They will get a COLA each year. Will it really keep up with inflation? Will you have enough money to last until you die? Unpleasant questions and here are some thoughts before you file your retirement forms.
As 2007 comes to a close, what were the topics of most interest to our readers? You might expect that pay issues would be popular but how about sick leave and mistakes that get federal employees in trouble? Here is a listing of our top 20 articles in order of their popularity. The most popular articles are listed first.
With the approval of the omnibus spending bill by the House, the 2008 federal pay raise saga may be limping to an end this week despite predictions of an administrative disaster befalling the government with another shutdown or the possibility of a continuing resolution for the rest of the year.
The political dispute about spending for the fiscal year 2008 budget continues. What are the options for the 2008 federal pay raise?
December 24, 2007 will be a federal holiday for most federal employees. It was granted within the scope of Executive Order 11582–which most readers have probably never heard of–with pay.
The federal pay system is complex. Some readers have asked good questions because of confusion about the amount of their pay based on the possibility of an average pay increase of 3% or an average of 3.5%. If you are confused, you are not alone.
What is a market “correction?” Are we in a bear market now or do the November TSP prices reflect a correction in a market that may still be going up? The value of the TSP stock funds followed the overall stock market and prices dropped in November. Your long term gains are still intact but here are some facts that should make you take a close look at your TSP funds.
The President has proposed an alternative pay plan for federal employees that would give an average raise of 3% for 2008. Congress is on record as preferring 3.5%. Are you surprised at any of these developments?
