Some Federal Employees Could Get Inflation Bonus in 2023
A draft bill in Congress is proposing paying some federal employees a 2023 inflation bonus to help offset rapidly rising inflation.
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.
A draft bill in Congress is proposing paying some federal employees a 2023 inflation bonus to help offset rapidly rising inflation.
Despite a tumultuous launch, responses from FedSmith readers to our latest survey indicate they are having fewer problems using the new TSP website.
The stock market is down, and many federal employees have seen their TSP savings go down with it. Should they put the money to use elsewhere?
Problems stemming from the new TSP website are not over. Eleanor Holmes Norton wants a GAO investigation and appointment of an inspector general for the FRTIB.
Have you sold or thought of selling your TSP stock funds as you watch your account values drop? Doing so could prove more costly than not selling.
As 2022 TSP performance suffers amid a declining stock market, TSP transfers to the G Fund increased 249% in one month. The G Fund is now the largest TSP Fund.
Congresswoman Eleanor Holmes Norton (D-DC) is still trying to get to the bottom of the recent problems stemming from the rollout of the new TSP website.
What are the differences between life insurance and long term care insurance? Federal employees have two benefits available to meet both of these needs.
What options are available for a TSP account that belongs to a federal employee or retiree who passes away? Here is an overview of the available options.
Congresswoman Eleanor Holmes Norton (D-DC) wants to meet with the head of the FRTIB about problems her constituents have had using the new TSP website.