Sen. James Lankford, R-Okla., requested details on how the federal HR agency’s plans to fund its health insurance trust funds with federal employees still not being paid during the shutdown.
From higher premiums to new IVF coverage, many plans are shifting next year. Here’s how to find out what’s different in your plan and what it will cost you.
Despite a slowing rate of return, last month still marked the third consecutive month in which all portfolios in the Thrift Savings Plan all increased in value.
Civil Service Retirement System retirees will see a 2.8% increase to their defined-benefit annuities next year, compared to just a 2% bump for Federal Employees Retirement System annuitants.
Sens. Ron Johnson, R-Wis., and Chris Van Hollen, D-Md., appeared to agree to negotiations Thursday afternoon on a plan to pay federal employees and potentially contractors amid the ongoing government shutdown.
The government shutdown has raised lots of questions about the retirement process, and retirement benefits, for federal employees while agencies remain closed. Here are some of the most pressing answers.
With the prospect of their first full missed paycheck just days away, federal workers already are seeking outside support, whether via food banks or side jobs.
Children can stay on a parent’s FEHB or PSHB plan until 26, but understanding the 31-day extension, conversion options and Temporary Continuation of Coverage is key to avoiding gaps.
The White House continues to insist that the 2019 Government Employees Fair Treatment Act does not guarantee backpay to furloughed federal workers after every shutdown.
Sen. Brian Schatz, D-Hawaii, has reintroduced a bill that would let federal employees and contractors defer financial problems caused by a government shutdown, a proposal he has introduced multiple times since 2019.
In addition to the military, some senators say air traffic controllers and other civil servants should get their paychecks on time even as shutdown drags on.
Federal employee groups decried the second consecutive year of premium increases eclipsing 10 percent amid a government shutdown and a proposed 1% pay raise for non-law enforcement personnel.
The OPM director uses his weekly updates to detail efforts to replace paper applications, guide employees through the Online Retirement Application system, and address delays and data issues in retirement processing.