The number of federal workers and retirees with $1 million or more Thrift Savings Plan accounts jumped to 75,420 as of Dec. 31, 2020. That is up from 49,620 in December of 2019. After the record 11 year bull market corrected more than 30% in March of … [Continue reading] about Bumper crop of TSP millionaires
House Democrats propose 2022 federal pay raise with new bill
The annual tradition continues: A bicameral pair of Democrats have introduced new legislation designed to give federal employees a pay raise in 2022. Rep. Gerry Connolly (D-Va.), chairman of the House Oversight and Reform Subcommittee on Government … [Continue reading] about House Democrats propose 2022 federal pay raise with new bill
Air Force offering airmen a chance to leave service early in attempt to balance the force
In an attempt to deal with high retention rates due to COVID-19, the Air Force is implementing a voluntary retirement and separation policy, allowing airmen to leave the service early or move to the Air National Guard. According to a Jan. 19 release … [Continue reading] about Air Force offering airmen a chance to leave service early in attempt to balance the force
RAND: Federal STEM workers earning thousands less than private-sector
To listen to the Federal Newscast on your phone or mobile device, subscribe in PodcastOne or Apple Podcasts. The best listening experience on desktop can be found using Chrome, Firefox or Safari. The private sector pays more, but federal agencies … [Continue reading] about RAND: Federal STEM workers earning thousands less than private-sector
The year 2020: So what happened again?
It’s only a matter of time before somebody writes a book or does a TV interview saying he or she predicted most of the events of 2020 well in advance. To qualify as visionary of the century this combination of Nostradamus, Pinocchio and your favorite … [Continue reading] about The year 2020: So what happened again?