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FedSmith has been gracious enough to feature our Founder, Neal Thompson, as a regular contributing author. Check out his most recent articles as they pertain to your federal retirement fedsmith.

In October , FedSmith author Michael Wald wrote about a letter to lawmakers asking them to find a solution to the sharp expected increase in Medicare Part B premiums for some federal employees. While most CSRS retirees would be affected by a large increase, other groups feeling the impact would include people turning 65 this year, state and local government retirees not covered by Social Security, and state Medicaid programs. The COLA increase for will be 0. The bill would extend limits on Medicare Part B premium increases in to those who do not pay premiums directly from a Social Security benefit. This would benefit a number of federal retirees. The bill is a long way from being approved. It was assigned to a congressional committee on December 2,

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All rights reserved. This website is not intended for users located within the European Economic Area. What agency has the most employees? Which feds get paid the most? Federal News Radio looks at the latest federal pay data from the Office of Personnel…. Listen Live Schedule. Artificial Intelligence. Ask the CIO. Big Data. CIO News.

Feds have TSP withdrawal options, fedsmith. At least now there is the possibility of a fix going into effect before the Medicare fedsmith take effect.

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The GS pay scale incorporates a federal pay raise with an overall average increase of 5. This consists of a General Schedule GS base pay increase of 4. For , the average pay raise was 4. The pay raise was the largest pay raise in 20 years for the federal workforce. During the Bush administration , federal employees received an identical pay raise percentage of 4. On the other hand, and better news for those federal employees in , the inflation rate was 1. So, primarily because of inflation, the federal pay raise exceeds the 4. In addition to the 4. The document below is a listing of the complete set of GS locality pay tables for federal employees under the General Schedule. How do federal employees under the General Schedule calculate their annual salaries to see the effect of the federal pay raise?

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FedSmith has compiled an overview of the basic federal employee benefits package along with links to sources of additional information. A number of comprehensive benefits programs are available to federal employees. These programs are also available for retirees and survivors. FEHB offers federal employees comprehensive health insurance , federal employees have 15 or more health plan choices. Each plan provides comprehensive coverage for you, your spouse, and your children under age There are no waiting periods and no restrictions on pre-existing conditions. You can enroll during your first 60 days as a newly eligible employee, during the Federal Benefits Open Season mid-November to mid-December , or when you have a qualifying life event such as marriage, divorce, or birth. You can also get coverage for your spouse and eligible children. If you cannot perform everyday tasks such as eating, dressing, and bathing because of a chronic illness, injury, disability, or aging, long term care insurance through FLTCIP can help you pay for the assistance you need.

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Read Our Posts. Cost-cutting targets public unions. CIO News. Dive Into Our Expertise. Which feds get paid the most? Furthermore, because total Medicare premiums are designed to cover 25 percent of the cost of the program, those not held harmless are forced to pay higher premiums to cover the lost premium income resulting from application of the hold harmless provision to others. Cloud Computing. Is your federal pay above or below average for your state? We believe in educating you to provide confidence and clarity when it comes to your federal retirement package. Eye on Washington with Jessica Klement. View Dates. Listen Live Schedule.

How much are federal employees who work for the United States federal government paid?

Don't Take Our Word for It We understand entrusting us to guide you through retirement is a big decision, and not one to be taken lightly. In October , FedSmith author Michael Wald wrote about a letter to lawmakers asking them to find a solution to the sharp expected increase in Medicare Part B premiums for some federal employees. See what our clients have to say about working with us. Furthermore, because total Medicare premiums are designed to cover 25 percent of the cost of the program, those not held harmless are forced to pay higher premiums to cover the lost premium income resulting from application of the hold harmless provision to others. Amtower Off-Center. Inside the IC. The bill is a long way from being approved. Read Our Posts. While most CSRS retirees would be affected by a large increase, other groups feeling the impact would include people turning 65 this year, state and local government retirees not covered by Social Security, and state Medicaid programs. The committee will consider it and possibly send it on to the House or Senate as a whole. Ask The Expert When it comes to your retirement benefits, you have questions. Here at Federal Retirement Services, we believe every federal employee deserves access to accurate and reliable information on their retirement.