Financial Considerations When Leaving for a Private Sector Job
Thinking of leaving your job as a federal employee? These are some important financial considerations to keep in mind when moving to the private sector.
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.
Thinking of leaving your job as a federal employee? These are some important financial considerations to keep in mind when moving to the private sector.
A new legislative proposal would require the Treasury Department to make interest free loans available to federal employees during the shutdown.
Recently introduced legislation would let federal employees and contractors withdraw from retirement accounts without penalty during the shutdown.
President Trump has signed legislation into law that guarantees back pay to federal employees.
Legislation has been introduced to formalize the continuation of a pay freeze on the vice president and other senior officials during the shutdown.
Does FEHB coverage ever cease under a partial government shutdown?
Recently introduced legislation would allow excepted federal employees to withdraw from the TSP with no penalties to have money during shutdowns.
The author says the partial government shutdown is a reminder for federal employees to always be prepared with emergency savings to get through tough times.
The TSA administrator announced he is paying a bonus to officers to help alleviate some of the financial hardship of the shutdown.
Recently introduced legislation would ensure that essential federal employees continue to get their regular paychecks during the current shutdown.