Pay & Benefits

TSP’s C fund shows signs of life in March

The Thrift Savings Plan’s C fund posted positive returns in March for the first time this year, according to the latest numbers from the plan.

Pay & Benefits

Thrift savings skinny

Federal employees may be able to check their TSP accounts daily by summer 2003.

Defense

Bill would close pay gap for active duty feds

Three Senate lawmakers introduced a bill Wednesday that would require the government to pay the difference between civilian and military wages for federal employees called to active duty.

Defense

New department begins pay and personnel overhaul

The Homeland Security Department’s 170,000 employees will have a say in a plan to replace federal civil service rules with new rules governing their pay, hiring, evaluation and union involvement, department officials announced Tuesday.

Management

Postal Service may face tough times

Defense

Airport screeners question pay policy

Management

Overtime pay for some federal workers could change

Overtime pay rates for some federal workers could change if the Office of Personnel Management follows the Labor Department’s lead in revising its overtime regulations.

Pay & Benefits

Nest egg

Federal employees will soon be able to sock away money for extra health care expenses.

Management

Feds satisfied with pay, but not with management

Most federal employees are satisfied with their salaries, but they hold their leaders in low esteem, a new survey of 100,000 government workers has found.

Pay & Benefits

Federal employees receive 1 percent locality pay for 2003

Federal civilian employees will receive an average 4.1 percent pay raise in 2003, which includes 1 percent for locality-based pay, according to an executive order issued Friday.

Pay & Benefits

House chairman makes deal to avoid cuts in employee benefits

House Government Reform Committee Chairman Tom Davis, R-Va., has maneuvered to avoid having to cut $39 billion from federal employee benefits programs. But the cuts will have to come from other agency spending.

Pay & Benefits

Tax relief

Lawmakers want to reduce civilian and military retirees’ tax bills.