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Wednesday, August 10th, 2022
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Armed Forces News

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Old Ironsides Gets First Female Skipper

Published: January 6, 2022

The War of 1812 frigate Constitution, the Navy’s oldest commissioned vessel, is getting its first female commanding officer. Cmdr. Billie …More

VA Seeks To Eliminate, Reduce Copays for Suicide-Risk Treatment

Published: January 6, 2022

Veterans who want help because they are at risk for suicides would make no copayments for outpatient mental health treatment, …More

2022 CONUS COLA Rates Released

Published: December 30, 2021

Service members living in the New York City area, San Francisco and Nantucket, Massachusetts, will receive the highest CONUS COLA …More

Provider of Military Housing Found Guilty of Fraud

Published: December 30, 2021

A provider of privatized housing to the armed services will pay more than $33.6 million in fines and an additional …More

MacDill Chosen as Preferred KC-46A Home

Published: December 30, 2021

The Air Force has selected MacDill Air Force Base, Florida, to serve as the preferred home base for the next …More

Navy, CG Seize Weapons, Ammo

Published: December 30, 2021

With assistance from Coast Guard members, crews of the Navy patrol coastal ships Tempest and Typhoon seized roughly 1,400 AK-47 …More

fedweek.com: cbo report on federal pay and benefits justification for benefit cuts cherry picking

Senate Passes 2022 Defense-Spending Bill with 2.7 Percent Military Raise

Published: December 17, 2021

Service members would receive a 2.7-percent increase in basic pay on Jan. 1, under the $777.7 billion defense-spending bill that …More

Study Suggests Framework to Address Extremism Within the Military

Published: December 17, 2021

A RAND Corporation study has suggested the US Military consider putting in place a terrorism prevention framework to address current …More

Hunger Pervasive Among Families of Enlisted, Says Charity Org

Published: December 17, 2021

Some 160,000 enlisted families – primarily from the lower enlisted ranks – have trouble putting food on the table, according …More

Gray Area Retirees Get Their Own myPay Portal

Published: December 17, 2021

Gray area retirees – those who completed enough years of service to qualify for retirement but not yet eligible to …More

Air Force Adopts Agile Combat Doctrine

Published: December 16, 2021

Airmen would be better trained and equipped to react to threats, under the Air Force’s new Agile Combat Employment (ACE) …More

House Passes 2022 Defense Spending Bill

Published: December 10, 2021

Service members would receive a 2.7 percent increase in basic pay on Jan. 1, under the 2022 defense-spending bill that …More

Survey Addresses Why Soldiers Stay, Leave

Published: December 10, 2021

Soldiers generally choose to stay in the service because of retirement pay and benefits and the opportunities to serve their …More

Leadership Qualities To Take Enhanced Role in AF Evaluations

Published: December 10, 2021

The Air Force plans to incorporate the 10 Airman Leadership Qualities (ALQs) it introduced earlier this year into both feedback …More

Contaminated Water Source ID’d at Pearl Harbor

Published: December 10, 2021

The Navy has identified the source of petroleum hydrocarbons that contaminated the water distribution system at Pearl Harbor Naval Station, …More

What Service Members Need to Know About How to File an Article 138 Complaint

Published: December 8, 2021

Article 138 of the Uniform Code of Military Justice (UMCJ) is one of the most powerful rights for a service …More

Air Force Readies for B-21

Published: December 2, 2021

Preparations are underway at the Air Force Civil Engineer Center (AFCEC) for the necessary infrastructure to support the B-21 Raider …More

Army To Flag Records of Soldiers Who Refuse Vaccine

Published: December 2, 2021

Soldiers who refuse to be vaccinated for Covid-19 will have their records flagged and be subject to a memorandum of …More

ONR Launches Academic Center

Published: December 2, 2021

The Office of Naval Research (ONR) and Stanford University are joining together to establish a new academic center at the …More

VA Extends Claims Period Due to USPS Mail Delays

Published: December 2, 2021

Citing delays in the U.S. Postal Service’s delivery of mail, the Department of Veterans Affairs is extending by 90 days …More

AF Modifies Physical Fitness Test

Published: November 26, 2021

Airmen will have to meet some new requirements in order to meet physical fitness requirements. Beginning Jan. 1, the following …More

SecNav, CNO Address Next Step for Covid Vax Refusers

Published: November 26, 2021

The Navy’s chief civilian leader and top officer both believe the impact sailors who refuse to be inoculated for Covid-19 …More

Guard Unit Gets Upgraded Black Hawk

Published: November 26, 2021

Since taking delivery of six UH-60V Black Hawk helicopters this summer, one Pennsylvania Army National Guard unit has certified more …More

Navy To Separate Vaccine Refusers; General Discharge

Published: November 18, 2021

Sailors who refuse to be vaccinated for Covid-19 will be separated from the service, the Navy announced. Their discharges would …More

Expanded Care for Personnel Exposed to Toxic Burn Pits

Published: November 18, 2021

Veterans who suffer from health maladies related to their exposure to toxins emitted from burn pits will have greater access …More

What You Need to Know About Your SBP Benefits

Published: November 18, 2021

Unfortunately, military retirement pay stops after the death of the retiree. What this means is that a military veteran could …More

fehb value for federal employees critical

TRICARE Open Season Underway

Published: November 18, 2021

Open season is underway for TRICARE beneficiaries, and will extend through Dec. 13. During this time, eligible participants of TRICARE …More

First Woman Completes Army Sniper Course

Published: November 18, 2021

A Montana National Guard soldier became the first woman to complete the rigorous Army Sniper Course. The unidentified woman successfully …More

Air Force Probes Promotion Disparities

Published: November 18, 2021

The latest Air Force review of promotion disparities shows that even though females were overrepresented in some ranks, minorities were …More

Interpersonal Violence Report Prompts AF Response

Published: November 11, 2021

Findings of a study by the Air Force’s Interpersonal Violence Task Force prompted the service to launch initiatives aimed at …More

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MOST READ

Bill before Senate Would Alter Retirement Savings, Distribution Policies
posted on August 10, 2022


Your FERS Annuity is Worth More Than You Think
posted on August 8, 2022


Pay Gap Figure Put at 22.47 Percent; More Feds Could Join Higher-Paying Zones
posted on August 9, 2022


Key Senate Bill Backs 4.6 Percent Raise, Would Ban Future Schedule F
posted on August 2, 2022


Latest Guidance

  • How the Pay Gap Figure Is Calculated
  • OMB Previews Potential Changes in Pay, Benefits Law
TSPG FundF FundC FundS FundI Fund
Aug 0916.99 ~19.09 ~62.8 ~67.39 ~33.24 ~
Aug 0816.98 ~19.13 ~63.06 ~68.48 ~33.39 ~
TSPG FundF FundC FundS FundI Fund
YTD1.41 %-7.86 %-12.58 %-20.48 %-14.77 %
Jul0.26 %2.47 %9.22 %10.32 %5.15 %
1 yr2.02 %-8.87 %-4.64 %-21.59 %-13.46 %
TSP fund performance
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