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Benefits News


Employees should consider increasing TSP contributions for the remainder of 2017

With a little more than four months remaining in 2017, employees are encouraged to increase their Thrift Savings Plan (TSP) contributions. This week’s column discusses TSP contribution limits during 2017. Also discussed are the different types of TSP accounts, agency automatic and matching TSP contributions for FERS-covered employees, and the tax consequences of TSP contributions and withdrawals.

New travel per diem rates take effect Oct. 1

The General Services Administration has increased the per diem rates for fiscal year 2018, which will go into effect Oct. 1.

Senator questions ACA exemption for Congress

The chairman of the Senate Homeland Security and Governmental Affairs Committee has sent a letter to the Office of Personnel Management acting director seeking more for information on the OPM rule that grants an Affordable Care Act exemption to Congress and its staff.

New law gives vets unlimited access to education benefits

President Trump is giving veterans unlimited access to college assistance under the Forever GI Act that he signed into law Wednesday.

IG: EPA’s buyouts given to ineligible workers

While the Environmental Protection Agency successfully reduced its workforce as instructed, it also highlighted the agency’s “weak” management system, failed to produce other restructuring goals, and led to misuse of authority, according to an Office of Inspector General report.

Higher travel per diem rates take effect Oct. 1

The General Services Administration has increased the per diem rates for fiscal year 2018, which will go into effect Oct. 1.

USPS business operations up, but total revenue remains down

The U.S. Postal Service urged for postal reform and regulatory relief in its fiscal year 2017 third quarter earnings report.

Bill aimed at cracking down on feds' abuse of travel benefits passes Senate

The Senate approved a bill that aims to crack down on waste, fraud and abuse by federal employees while they travel for work.

Senate passes VA health funding, employment bill

The Senate this week has passed a bill aimed at boosting employment and funding health care at Veterans Affairs.

SEC charges brokers with defrauding federal employees

The Securities and Exchange Commission has charged four former brokers with swindling older federal employees out of their Thrift Savings Plan retirement accounts.

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