Because many retirees are on a fixed income, property taxes can play an important part in the decision of where to live during retirement years
Federal Employees Can Now Receive Paid Time Off to Vote
Office of Personnel Management announced that federal employees may now receive up to four hours of administrative leave to vote and may now use up to four hours of administrative leave per year to serve as non-partisan poll workers or observers
62 Democratic Lawmakers Ask for 5.1% Federal Pay Raise in 2023
The request is higher than the White House’s proposal of 4.6% made last month and is supported by many federal employee groups
Legislation Would Prohibit TSP From Investing in Russia
If passed, the Terminating Securities from Putin (TSP) Act would bar the Federal Retirement Thrift Investment Board from establishing any Thrift Savings Plan funds that would include an investment of an entity based in Russia
House Passes Bill to Increase Catch-Up Contribution Limit and RMD Age for TSP Participants
If signed into law, the SECURE Act 2.0 would increase the required minimum distributions age and increase the limit on catch-up contributions to qualified employer-sponsored retirement plans such as the Thrift Savings Plan
How Current and Future Federal Retirees Could Be Affected by the Postal Service Reform Act of 2022
While the new law has no effect on current federal retirees’ health benefits participation and cost, federal benefits expert, Ed Zurndorfer, says chances are good that both current and future federal retirees will be affected by similar reforms in the near future
Federal Employee Groups Press for Higher 2023 Federal Pay Raise Than White House Recommended
While the groups support the White House’s recommendation of a 2023 federal pay raise of 4.6%, most are also pressing for a 5.1% increase
White House Budget Proposes 4.6% Federal Pay Raise for 2023
If implemented, this would be the largest pay increase for federal workers in 20 years
Short-Term Disability Insurance for Federal Employees Proposed in Legislation
If passed, federal employees could purchase the insurance at group rates but would be responsible for 100 percent of the premiums
Some Federal Employees Can Sign Up for COVID-19 Hazard Pay Lawsuit
Eligible affected federal employees can sign up for the suit on a website launched last week.