Fedweek.com

FEDweek Government News & Resources for Federal …

Information resource for federal and military employees and retirees, helping you get the most out of your government career and retirement.

Actived: 4 days ago

URL: fedweek.com

Comp Time Off for Federal Employees

Compensatory time, or comp time, is time off with pay in lieu of overtime pay for irregular or occasional overtime work, or when permitted under agency flexible work schedule programs. …

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COLA Count Starts Off Negative

COLA Count Starts Off Negative. Through three months of the count toward the January 2010 federal retiree COLA, the count is deep in negative territory, standing at "5.0 …

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Pay Gap Increases; New, Expanded Localities Again Recommended

The last two times new localities were created and existing ones expanded, that process took a number of months—in this case potentially pushing off the changes until the …

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Federal Employee Pay Limits

Section 1114 of Public Law 107-107 modified the biweekly and annual pay limits on premium pay under 5 U.S.C. 5547, removed the separate premium pay limitation for law enforcement …

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Federal Employee Awards

Time off awards. Agencies may grant time off from duty without charge to leave or loss of pay as an award to individuals or groups of employees. (5 U.S.C. 4502; 5 CFR 451). Rank awards.

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Annual Leave, One of Top Benefits to Federal Employees

If you are employed overseas, you can carry over 560 hours (45 days). If you are a Postal Service bargaining unit employee, you can carry over 440 hours (55 days).

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Holiday Premium Pay to Federal Workers

An employee who performs work on a holiday designated by a federal statue is entitled to holiday premium pay. That is pay at the rate of basic pay plus premium pay at a rate equal to the …

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Reminder on Revised Leave Policies for Voting

Image: Ayman Haykal/Shutterstock.com. As a reminder, OPM earlier this year revised and expanded previous policies on administrative leave–paid time off without charge …

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How do I cancel FEHB coverage

5. . Private answer. First of all, don’t cancel your FEHB coverage unless you are absolutely certain your alternative coverage – the plan you are keeping instead of FEHB – covers what …

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Ten Factors to Consider on Federal Retirement

If you do have debt, then you need to carry enough life insurance to cover that debt. 3. Buying Long Term Care Insurance – Retirees should consider the need for long …

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8 Mistakes Employees Make During Open Season

By Lacie Harmon, The Federal Benefits Group. Open Season is set for November 14th to December 12th, 2022. But, while managing your insurance choices can be far from …

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Early Marker for 2024 Raise Set: 5.2 Percent

An early marker has been set for the January 2024—not 2023—federal employee raise, with announcement by the Labor Department of an increase in the employment cost …

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Report Assesses Impact of Repealing Windfall, Offset Provisions

In total, CBO estimates, repealing the GPO would increase off-budget direct spending by $107 billion over the 2022-2032 period. Interaction Among Social Security …

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Federal Government Ethics Policies

Basic Federal Government Ethics Policy. Underlying ethical principles for federal employees are two core concepts: employees shall not use public office for private gain; and. employees shall …

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COLA Count Retreats a Bit off 9 Percent High

The inflation index used to set federal retirement COLAs fell by 0.1 percentage points in July, the first decrease so far in the measuring period toward the January 2023 …

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Public Service Loan Forgiveness for Federal, Military, USPS

This opportunity ends on Oct. 31, 2022. For employees that owe about $35K or more in federal student loans, this underutilized program can mean tens of thousands of dollars forgiven …

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Did FERS Actually End the CSRS "Golden Handcuffs" Effect

It’s above average at 7.1 percent for those with less than five years, then falls off to 3.9 percent for those with 10-19 years before rising to 7.4 for those with 20-29 …

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