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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.

Lawmakers Seek Administrative Leave for Federal Employees Receiving COVID-19 Vaccine

February 19, 2021 My Federal Retirement

According to the lawmakers, some federal agencies do not yet to allow time off for employees to get immunized more…

15 Weeks Paid Leave Included in Proposed COVID Relief Package

February 16, 2021 My Federal Retirement

This is an expansion from the two weeks available in 2020 — and would be available through Sept. 30, 2021 more…

Lawmaker Reintroduces Equal COLA Act for Both CSRS and FERS Federal Retirees

February 3, 2021 My Federal Retirement

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…

Types of Thrift Savings Plan (TSP) Loans

February 3, 2021 My Federal Retirement

TSP LOANS

There are two types of Thrift Savings Plan loans: General purpose loan with a repayment… more…

House Democrats Propose 3.2% Pay Raise in 2022 for Federal Employees

January 27, 2021 My Federal Retirement

If passed, the law would mandate an across-the-board increase of 2.2% and a 1% increase in locality pay more…

Elimination of WEP and GPO Proposed in Bipartisan Legislation

January 25, 2021 My Federal Retirement

Social Security

The WEP and GPO reduce or eliminate Social Security benefits for many that are those who are covered by government-sponsored pension plans more…

Most Federal Employees Will Get Higher Annual Leave Carryover

January 12, 2021 My Federal Retirement

Annual Leave

The 2021 National Defense Authorization Act allows eligible federal employees to carry over an additional 25% of unused from 2020 into 2021 due to the COVID-19 pandemic. Guidance has been issued by the Office of Personnel Management more…

IRS Begins Delivering Second Round of Stimulus Payments

December 31, 2020 My Federal Retirement

The Internal Revenue Service has issued FAQs on the the second round of payments — which are generally $600 for singles and $1,200 for married couples filing a joint return — authorized by the newly enacted COVID-relief legislation more…

Spending Package Signals 1% Federal Employee Pay Raise for 2021, Extended Time to Pay Back Deferred Payroll Taxes

December 28, 2020 My Federal Retirement

Congress passed the omnibus spending package Monday to fund federal agencies through the fiscal year and provide further COVID-19 relief more…

2021 Federal Leave Chart / Record / Calendar

December 21, 2020 My Federal Retirement

Keep track of your 2021 leave with this handy calendar downloadable in PDF more…

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Understanding Your TSP Investment Options: A Guide to the G, F, C, S, I, L Funds, and Mutual Fund Window

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