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Scott Thompson

For more than 20 years, Scott Thompson has written, published and developed hundreds of retirement resources for U.S. federal government employees. Scott is also the former CEO of Federal Employees News Digest (publishers of the Federal Employees Almanac) where he initiated and managed the development of the popular FederalSoup forum for federal employees.

OPM Announces Crack Down on Ineligible FEHB Enrollees

May 6, 2024 My Federal Retirement

The Office of Personnel Management has new tools to reduce the number of ineligible enrollments in the Federal Employees Health Benefits program more…

Survey of Seniors Indicates Recent Cost-of-Living Adjustment (COLA) is Not Enough

April 25, 2024 My Federal Retirement

71% of respondents say that an increase in household costs are exceeding the 3.2% COLA they received this year more…

Have You Checked Your Tax Withholding This Year?

March 26, 2024 My Federal Retirement

The IRS’ online tool makes it easy for both employees and retirees to determine if they are having too little or too much federal tax withheld more…

2025 Federal Pay Raise of 2% Proposed in White House Budget

March 13, 2024 My Federal Retirement

pay riase

If implemented, this would be the smallest pay raise in the last 3 years. Some House and Senate Democrats are proposing a 7.4% increase for 2025. more…

Proposed Legislation Would Repeal Social Security Tax

February 9, 2024 My Federal Retirement

In a recent survey, during the 2023 tax season, 23 percent of those who received Social Security for three years or more said they paid tax for the first time more…

2025 Federal Pay Raise Proposed at 7.4%

February 5, 2024 My Federal Retirement

pay riase

Congressman Gerry Connolly (D-VA) and Senator Brian Schatz (D-HI) reintroduced legislation last week that would provide federal employees with a 2025 pay raise of 7.4 percent more…

OPM Restricts Salary History in Setting Federal Pay

January 30, 2024 My Federal Retirement

The Office of Personnel Management issued a final rule Tuesday eliminating the use of non-federal salary history in establishing pay for job offers to newly-hired or returning federal employees more…

FEGLI Handbook from OPM

January 25, 2024 My Federal Retirement

The Office of Personnel Management has updated the handbook for the Federal Employees’ Group Life Insurance program more…

FEGLI Calculator: Calculating Federal Employees Group Life Insurance Options and Premiums

January 25, 2024 My Federal Retirement

FEGLI calculator

The FEGLI calculator will help you determine the face value and premiums of various combinations of FEGLI coverage plus plus view how the life insurance carried into retirement will change over time more…

Proposed Legislation Would Reduce Pay Disparities for Some Federal Employees

November 30, 2023 My Federal Retirement

If passed, the Locality Pay Equity Act would reduce locality pay disparities for some federal employees more…

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