FedSmith.com Users Think a 3% Raise in 2016 Would Be Fair
FedSmith.com users said in a recent survey that they think federal employees should be given a 3% pay raise in 2016.
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.
FedSmith.com users said in a recent survey that they think federal employees should be given a 3% pay raise in 2016.
It is not uncommon for an employee to separate from federal service with an outstanding TSP loan. What happens to your loan when you retire or otherwise separate from federal service?
Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.
The author proposes an alternate way of calculating the cost of living allowances for Social Security based on the process of computing cost of living adjustments for federal retirees that he says would result in tremendous long term savings.
Federal employee groups have been expressing their displeasure this week with the president’s proposed pay raise for 2016.
An online petition has been started which asks for a “meaningful pay raise” for federal employees.
President Obama has issued a letter directing an across-the-board pay raise of 1% for federal employees in 2016.
OPM.gov gives examples of GS promotions while on retained pay using the 2 step rule. But how do you calculate a GS promotion step if your retained pay is already well above the amount computed using the 2 step rule?
The five year period leading up to a federal employee’s retirement is of critical importance to utilizing FEHB in retirement.
The stock market is down in August and has gone down faster in the last week. What will you do with your TSP investments in stock funds?