Federal employees will see two new options in the Federal Employees Health Benefits Program during this year’s open season more…
Your New TSP Withdrawal Options
This new video provides a broad overview of the changes coming to the Thrift Savings Plan on Sept. 15 from the passing of the TSP Modernization Act more…
WEP Repeal Legislation Introduced in House
If passed, the bill would permanently repeal the Windfall Elimination Provision affecting many federal retirees and transition “to a fair formula” for receiving Social Security benefits more…
TSP Outlines New Method for Catch-Up Contributions
The “spillover” method will start in 2021, and will make it easier for eligible participants to contribute more toward their retirement. An FAQ is provided more…
Legislation Would Stop Bonuses for Some Federal Employees
The bill would prohibit agencies from giving bonuses to federal employees who have conduct violations, and recover previously awarded bonuses when the agency learns of misconduct more…
New Guidance for Federal Employee Bonuses in 2020 Issued by OPM
The Office of Personnel Management issued two memos in the last week regarding employee awards and performance management in FY2020 more…
Bill Would Provide Lifetime ID Theft Protection After OPM Data Breach
The legislation requires OPM to provide the coverage for the remainder of the life of the affected individuals more…
TSP to Introduce New L (Lifecycle) Funds in 2020
The Thrift Savings Plan will expand the L funds from a 10-year increment asset allocation to a five-year increment more…
Paid Family Leave Added as Amendment to NDAA
The measure would provide all federal employees12 weeks of paid leave for the arrival of a new child or to care for a sick loved one more…
House Passes 2020 Federal Pay Raise
If signed into law, it would be the largest pay raise for federal employees in ten years more…