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The number of new claims received last month dropped while the number of claims processed also decreased in August, according to monthly data from Office of Personnel Management.
A 1% federal pay raise for civilian employees looks more likely with every passing day. But when it comes to next year's paycheck, the president's planned payroll tax deferral throws a wrench into things.
Both federal civilian employees and active-duty military members will see temporary changes to their take-home pay as a result of the president's tax deferral, a senior administration official told Federal News Network. Though civilian employees and the military will see savings later this month, they're expected to pay back deferred taxes starting next January.
Fortunate federal retirees, like people who get Social Security, usually get a catchup-with-inflation increase in their benefits the first of each year.
In an email sent to some civilian workers Tuesday, a large defense agency said no federal employee, department or payroll provider will be able to opt out of the president's upcoming payroll tax deferral planned later this month. All federal payroll providers are expected to "act in unison."
If an unexpected long term care event occurs, are you financially prepared? No matter where you are in your career as a federal employee, consider including long term care insurance as part of your financial plan.
Mike Causey asked long-time fed and financial coach Abraham Grungold to check out the 2020 situation, who listed some things which workers under the Federal Employees Retirement System retiring in 2020 should seriously consider.
And during times like this, when a pandemic is still running wild, your estate, which you may not have known you had, probably needs a little work because the old rules no longer apply.
All federal providers are working to implement the payroll tax deferral policy President Donald Trump announced earlier this month in an executive order, the administration said Monday. The policy should be in place for federal employees by the second pay period in September.
Not much got done in Congress over the last two weeks, and tomorrow is the first day of the last month of the fiscal year.
A coalition of affinity groups at the Justice Department says a nuance in the hiring process, which asks job candidates for their salary history, may disproportionately impact women and employees of color.
In today's Federal Newscast, early retirement and buyout offers the Federal Deposit Insurance Corporation made to employees back in March are off the table.
The surprise wasn’t that it happened, but how quickly the market bounced back. So now investors are trying to makes sense of what to do.
A new survey of 5,000 participants found 87% are happy with the Thrift Savings Plan, a slight dip from 2017, the last year the Federal Retirement Thrift Investment Board collected feedback from its members.