If passed, the legislation would guarantee that federal retirees in the Federal Employee Retirement System (FERS) and the Civil Service Retirement System (CSRS) both receive the same annual percentage cost of living adjustment each year more…
Lawmakers Want to Provide Federal Employees 12 Weeks of Paid Family and Medical Leave
For federal employees, while parental leave is paid due to the Federal Employee Paid Leave Act in 2019, family and medical leave is unpaid more…
NARFE Urges Lawmakers to Repeal Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)
The National Active and Retired Federal Employees Association sent a letter to all returning House members last month to support reintroduced legislation that would repeal the WEP and GPO provisions of Social Security more…
Thrift Savings Plan (TSP) Calculators
The TSP website has a variety of helpful online calculators for federal employees that can assist in estimating the growth of contributions, maximizing agency-matching contributions, assessing tax treatment, determining retirement income from withdrawals, and estimating loan payments more…
Treasury to Suspend Investments to TSP G Fund, Some Federal Retirement Programs to Avoid Hitting Debt Ceiling
These actions have been taken before, and the Treasury Secretary made assurances that the federal programs affected “will be made whole.” more…
FEHB Could Be Wasting $1 Billion Per Year, GAO Report Says
The report indicates that due to a lack of information about the number of ineligible family members receiving payments, the Federal Employees Health Benefits program could be wasting nearly $1 billion each year more…
When Will the 2023 Federal Pay Raise Be Announced?
The White House and the Office of Personnel Management will take several steps this month to finalize the 2023 federal pay raise and publish the official pay tables more…
OPM Suspending Long-Term Care Insurance Applications Due to Premium Concerns
The carrier that operates the Federal Long Term Care Insurance Program (FLTCIP) issued a warning to the Office of Personnel Management that current premiums are unsustainable and it likely would have to request significant rate increases more…
New Start Dates for Medicare Part B Coverage in 2023
The Social Security Administration issued a reminder this week of upcoming changes in 2023 to Medicare Part B more…
Some 2023 FEHB Plan Premiums Are Higher for Self Plus One Than Family Coverage
OPM last week issued a list of FEHB plan choices where the enrollee share of premiums for the Self Plus One enrollment type is higher than for the Self and Family enrollment type for the 2023 plan year more…