A Shrinking Annuity Payment for Some Former Feds
OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.
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.
OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.
The Trump administration’s new budget proposal is reportedly going to propose changes to performance rating systems and within-grade increases for federal employees. Here is a list of other possible proposals as well.
With the possibility of yet another partial government shutdown looming, legislation has again been introduced to ensure federal employees would be paid for any lost time.
The IRS said in a recent announcement that the new tax cut law will not change the 2018 annual contribution limit for the TSP.
Medicare’s General Enrollment Period is underway. Many federal retirees opt to take both FEHB and Medicare Part B.
As Congress races towards another funding deadline, the author addresses the potential risks to federal employees.
TSP investors were very successful in January 2018 as stock prices continued to go up. See which funds had the best record last month.
OPM has issued its annual letter to health insurance carriers under the FEHB. OPM is emphasizing reducing costs and improving efficiency in 2019.
OPM has issued a memo detailing how pay will be handled for federal employees directly impacted by the government shutdown.
The number of TSP millionaires is exploding. Here is a breakdown of federal employees who have achieved this noteworthy milestone in their retirement planning.