1% Pay Raise for 2015 Is Now Official
President Obama signed an executive order on Friday officially setting the 1% pay raise for federal workers in 2015.
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President Obama signed an executive order on Friday officially setting the 1% pay raise for federal workers in 2015.
President Obama signed the Smart Savings Act into law this week to automatically enroll new federal employees into TSP L Funds.
I am getting conflicting information regarding the extra pay period in 2015 as it relates to setting my TSP contributions for the year – are you absolutely certain there will be an extra pay period?
Working on Sunday does not automatically result in Sunday pay. The author discusses what constitutes Sunday work, how much Sunday pay is, and conditions that may impact whether you will receive Sunday pay when assigned to work during Sunday hours.
The author says that the Thrift Savings Plan board members are recognizing that plan participants want more flexibility in making withdrawals in retirement. She says this is a step in the right direction and will likely lead to positive changes for the TSP in the future.
The author says that while you can retire on any date that you choose, there may be some advantages to retiring at certain times of the month or year. She shares her opinions as to which dates she believes may be best dates for federal employees to consider retiring.
There is a change to the procedures for the closing of federal offices in the Washington, DC area. Providing an excused absence for employees on pre-approved leave will no longer be automatic.
The information for federal annuity payments is now available from the OPM website. Here is how to actually find the information you may be seeking about next year’s annuity payment.
Congress recently passed the Smart Savings Act to change the default allocations in the TSP for newly hired federal employees.
Federal employees are receiving an across-the-board pay raise of 1% in 2015. How does this compare to pay raises in the last decade, and what impact will this have on GS employees’ annual salaries next year?