International Fund Tops TSP Fund Returns in March
The I fund finished ahead of other TSP funds in March and for the first quarter of the year.
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.
The I fund finished ahead of other TSP funds in March and for the first quarter of the year.
Why do current federal employees get a much higher pay raise than federal retirees? I am a retiree and feel that this is unfair.
Two recent guidance documents from OPM highlight provisions affecting the pay for certain federal employees. The author explains what this means for the impacted employees.
Special Provisions federal employees who have a mandatory retirement age face unique retirement planning challenges, but fortunately there is a relatively new TSP law that can help.
New legislation would prohibit agencies from paying bonuses to federal employees who commit serious infractions under their agency’s code of conduct.
The author says that one of the TSP’s greatest strengths (its low costs) can also be one of its greatest weaknesses.
Federal employees are allowed to withdraw money from the Thrift Savings Plan while still working for two reasons: financial hardship and age. The author explains how these withdrawals work.
The Treasury Department is having to use “extraordinary measures” to offset hitting the debt ceiling, and that includes using money from the G Fund to help pay for government operations.
A 2018 federal employee pay raise of 1.9% is to be proposed according to new reports.
Recently introduced legislation aims to provide pay parity between any raises given to General Schedule and Wage Grade federal employees.