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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.

Senator Introduces Bill for New ‘Climate Choice’ TSP Investment Option

September 12, 2018 My Federal Retirement

If passed, it would enable federal employees to invest retirement savings without supporting the fossil fuel industry more…

If A 2019 Federal Pay Freeze Is Implemented, What Would It Include — Or Not?

September 11, 2018 My Federal Retirement

Many federal employees — and retirees — are asking if a pay freeze would affect within-grade step increases or CSRS and FERS cost-of-living adjustments (COLAs). Here is some insight
more…

As Opposition to Pay Freeze Grows, Lawmakers Could Still Approve 2019 Pay Raise

September 11, 2018 My Federal Retirement

As the House and Senate near a conference agreement for next year’s spending bill, nearly 200 Republican and Democratic lawmakers have urged passage of a minimum 1.9% pay increase more…

President Issues Notice of 2019 Federal Pay Freeze Plan

August 30, 2018 My Federal Retirement

In a letter to Congress on Thursday, President Trump said he is exercising his authority to implement a 2019 pay freeze for civilian federal employees more…

Social Security Benefits Lose 34% of Buying Power Since 2000, Study Shows

August 29, 2018 My Federal Retirement

The study’s findings indicate the loss occurred even though beneficiaries received a 2% annual cost-of-living adjustment for 2018. The Senior Citizens League estimates the 2019 COLA 2019 will be about 3.3% more…

Senate Approves 2019 Federal Pay Raise

August 2, 2018 My Federal Retirement

While the Senate approved a pay increase for civilian federal employees for next year, it will need to resolve its differences with the House more…

Bill Would Protect Telework Participation From “Sweeping Bans”

July 31, 2018 My Federal Retirement

If passed, the legislation would increase teleworking for employees at federal agencies amid proposed reduction of such options by the Trump administration more…

IRS to Address Recent Changes to 529 Education Savings Plans

July 31, 2018 My Federal Retirement

The Internal Revenue Service plans to issue regulations on three recent tax law changes affecting popular 529 education savings plans more…

White House Resists Senate Proposal for 2019 Pay Raise

July 26, 2018 My Federal Retirement

The Office of Management and Budget (OMB) Tuesday expressed opposition to a Senate spending bill… more…

Bipartisan Legislation Would Provide Financial Relief to Some Federal Employees

July 24, 2018 My Federal Retirement

If passed, the bill would close a loophole that prevents certain federal workers from having additional taxes on their moving expenses fully reimbursed. more…

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