New TSP Hardship Withdrawal Option Likely Coming Soon
A proposed rule would allow TSP participants to make hardship withdrawals in the event of natural disasters.
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 proposed rule would allow TSP participants to make hardship withdrawals in the event of natural disasters.
A House bill would expand paid parental leave to cover some federal employees who were excluded by the new law.
The 2021 budget proposes major changes in federal benefits to align more closely with private sector benefits.
The 2021 budget proposal from the White House includes a suggested pay raise for federal employees.
A task force report urges major changes to the civil service system from pay and benefits to handling removal actions and appeals by federal employees.
Stock markets reacted quickly to news of a virus spreading quickly. The January TSP returns reflect this fear.
Two lawmakers have introduced legislation to provide a 3.5% pay raise for federal employees in 2021.
A proposed rule aims to simplify the catch-up contribution process for the TSP.
Legislation has been introduced to make the tax debts of federal employees and retirees public information.
Which topics were of the most interest to federal employees in 2019? Here is the top 20 list of the most popular FedSmith articles last year.