New Details Clarify Which Federal Employees are Excluded from Paid Parental Leave
Additional details have been released clarifying which federal employees would be excluded from the new paid parental leave benefit.
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.
Additional details have been released clarifying which federal employees would be excluded from the new paid parental leave benefit.
The number of TSP millionaires has dramatically increased in the past year and increased by tens of thousands over the past few years.
Amidst many people extolling the virtues of the new paid parental leave benefit for federal employees, one person has expressed concerns about its ramifications.
Investors in the TSP change over time. The G Fund has decreased in popularity in recent years and the popularity of the Lifecycle funds continues to increase.
The mileage reimbursement rates for federal employees traveling for work will be slightly lower in 2020.
The TSP has published the January 2020 processing schedule with important tax information for TSP participants.
Despite gloomy investment predictions for 2019, TSP investors fared well. One TSP fund had a return of 31.45% for the year.
The new paid parental leave law does not apply to some federal employees as written, but some lawmakers want to change that.
OPM said in a recent memo that it will be issuing regulations to outline how the new paid parental leave benefit will work.
This is a list of all paid federal holidays in 2020.