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More than 55,000 active and retired federal and postal workers have a million dollars, or more, in their Thrift Savings Plan accounts. What’s their secret?
The Trump administration will add Des Moines, Iowa, to its list of locality pay areas, bringing the total to 54. Adding a locality pay area will directly impact 3,100 federal employees, but the move could also have broader effects on the rest of the federal workforce, the Office of Personnel Management said.
Participants in the Federal Employees Health Benefits Program (FEHBP) can expect to pay, on average, 4.9% more for their health insurance in 2021. Participants may pay more or less depending on the options they choose.
News that they will be getting a 1.3% cost of living adjustment in January 2021 is getting a mixed reception from federal, military and Social Security retirees.
The Senate is almost totally occupied with Amy Coney Barrett, President Trump's nominee to the Supreme Court, but this debate also crowds out other important business in a compressed time period.
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus pandemic and its consequences for older people
The Defense Department is putting $600 million into 5G in five new military installations.
Choosing when to retire is never an easy decision, and the pandemic (during an election year) isn't helping feds either.
Sen. Chris Van Hollen (D-Md.) has introduced new legislation that would make the president's payroll tax deferral optional for federal employees and servicemembers.
Far fewer federal employees have chosen to retire so far in 2020 compared to the previous year, and the pandemic, like everything else this year, may be partly to blame.
Three big reforms in military health are being reconsidered due to the pandemic.
Membership in the exclusive federal Thrift Savings Plan millionaire club continues to grow as long-time federal and military investors continue to buy stocks, even when the market hits a rough patch. There were 55,183 current…
New proposed regulations from OPM reinterpret the agency's own 40-year-old reading of the Back Pay Act, and would limit the kinds of cases where federal employees could receive back pay, as well as exclude unions from receiving attorney fees.
In today's Federal Newscast, the Office of Personnel Management wants to change how and when federal employees might receive back pay for an unjustified or unwarranted personnel action.