Generally, all employees furloughed during a government shutdown are paid at the conclusion of the shutdown. In a letter last ...

Thousands of federal workers in the Bay Area area are going without pay amid the government shutdown. If you're one of them, ...

As the shutdown drags on, some Congress members are looking at alternatives for securing pay and benefits for federal employees affected by the funding lapse.

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A rule change allows furloughed feds and those working without pay to take out loans against their retirement during shutdowns. A rule change taking effect Feb. 5 allows furloughed feds and those ...

Since the late 1980s, federal retirement has consisted of three basic components. Feds who qualify for full retirement can expect their pension, known as their annuity or Basic Benefit, calculated by ...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government shutdowns. Congressional Democrats introduced bills that would waive ...

PORTLAND, Ore. (KOIN) – On day three of the government shutdown, Senator Ron Wyden (D-OR) helped introduce a bill on Friday to support federal workers experiencing financial hardship while Congress is ...

The Thrift Savings Plan is changing its loan program in an effort to discourage government employees and retirees from using it as a line of credit. Starting July 1, the TSP will charge a $50 fee to ...

Participants can access their Thrift Savings Plan accounts by telephone or the Internet, and a huge backlog of unprocessed TSP loan applications and other paperwork has been virtually eliminated, ...

I am writing regarding the Aug. 2, 2024, article titled "Thrift Savings Plan's rocky rollout of new system caused by mismanagement, GAO says." The article painted an incomplete picture of the results ...