Financial Literacy Month: Making the Most of Your TSP as a Federal Worker
April 10, 2023
During Financial Literacy Month, it is essential to remind Federal Employees Retirement System (FERS) covered workers of their retirement benefits and investment options. Retirement income for these workers typically comes from three sources: the FERS basic retirement benefit, Social Security, and the Thrift Savings Plan (TSP). The TSP is a defined contribution plan that offers […]
Temporary Work May Replace Some Fulltime Federal Hiring in STEM Related Occupations
January 3, 2023
A recently implemented policy allows federal agencies to hire temporary employees in certain positions, specifically those related to science, technology, engineering, and mathematics (STEM), for a maximum duration of 10 years. This represents a significant increase from the previous limit of four years. The Office of Personnel Management (OPM) is the government agency responsible for […]
Terminating Federal Workers With Disabilities
December 22, 2022
The Americans with Disabilities Act (ADA) is a civil rights law that aims to guarantee equal opportunities and to prohibit discrimination against people with disabilities in areas such as public transportation, employment, and state and local government services for individuals with disabilities. However, there is often a stigma associated with certain types of disabilities, such […]
The Social Security Fairness Act Gives Back Funds to Federal Employees
October 18, 2022
It’s no secret that Social Security is heading toward disaster by 2035 unless congress allocates significant tax dollars toward funding it. Current legislation is being written to address this impending Social Security breakdown. One of those bills gaining momentum is the Social Security Fairness Act, which would be a much-deserved win for federal employees. The […]
Federal Employees Will Receive a Significant Pay Increase in 2023
August 17, 2022
Federal employees can expect a pay increase in 2023 that is double the amount of any annual increase in over 10 years. The Senate passed an appropriations bill which silently endorses the President’s recommendation for federal employees to receive a 4.6% pay increase next year. And while specific allocations of the raise have not been […]
How Could the Fire ‘At Will’ Bill Affect Your Retirement?
August 5, 2022
A new bill was introduced to congress that would allow for a swifter termination of federal employees. And it could threaten federal workers’ retirement plans as well. The Public Service Reform Act, a bill introduced by Rep. Chip Roy, gives government officials a process to fire federal employees at will. It applies only to career […]
2022 Pay Increase Announced for Federal Workers & Military Personnel
December 27, 2021
President Biden has issued an executive order to implement his plan (originally announced in August) to provide federal workers with an average 2.7% increase in pay for 2022 The pay raise provides federal employees with a 2.2% raise across-the-board with an additional 0.5% for locality adjustments, to total up to 2.7%. The increase would take […]
Thank You to Front Line Federal Workers & Those Who Serve
April 13, 2020
To all the amazing men and women serving on the front lines of the Coronavirus, we dedicate this message of thanks and gratitude to you. To the Federal employees keeping us safe, keeping us healthy, ensuring we receive the services we all rely on and many times take for granted, and to those of you […]
$340 Billion in Emergency Appropriations for Federal Agencies
March 29, 2020
Below is a list of allocations from the $340 billion in emergency spending appropriations, special provisions, and other resources made available to Federal agencies as part of the he Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on Friday, March, 27 2020. For the first time so far, N95 masks (recommended by […]
Do Federal Workers Qualify for the Coronavirus Stimulus Rebate?
March 29, 2020
Question: Do Federal Workers Qualify for the Coronavirus Stimulus Rebate? Answer: Yes. Though there is a catch, which applies to both Federal employees and all other Americans. The rebate sounds fairly simple: all taxpayers get a check for $1,200 with an additional $500 added per child. Unfortunately though, not everyone is to qualify for the […]
