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For Immediate Release: Tuesday, February 18, 2003

Published: February 19, 2003

To All Federal Employees and Retirees ELDERCARE: PROTECTING YOUR AGING PARENTS’ ASSETS AND PRESERVING YOUR OWN INHERITANCE-JUST PUBLISHED FOR 2003! …More

Senate Assignments Also Revised

Published: February 19, 2003

In a change that could increase the chances of civil service reforms being enacted in the current Congress, the Senate …More

Key House Panels Revamped

Published: February 19, 2003

Because of the creation of the Homeland Security Department, the House Appropriations Committee has realigned its subcommittees in a way …More

Other Reforms Proposed

Published: February 19, 2003

In addition to the personnel flexibilities, Defense officials have said they will: seek a one-time reorganization of the department under …More

DoD to Seek Personnel Reforms

Published: February 19, 2003

Defense Department officials have said the Pentagon will seek separate authority over many personnel practices, bidding to create what they …More

Debt Ceiling Exercise Could Be Repeated

Published: February 19, 2003

With the government expected to run up against its debt ceiling again soon, it appears likely that the Treasury Department …More

TSP’s Guidance on Catch-Up Investing

Published: February 19, 2003

For a closer look at the TSP Board’s guidance on how the program will operate, go to https://www.fedweek.com/HotFreeNews/default.asp in the …More

Eligibility Rules Set

Published: February 19, 2003

Under the TSP’s guidance, in order to be eligible a participant: must be in pay status; must be contributing either …More

TSP Outlines Catch-Up Policies

Published: February 19, 2003

The Thrift Savings Plan has issued guidance to carry out a law enacted last year allowing participants age 50 and …More

Contracting Restrictions Weakened

Published: February 19, 2003

In other action on the wrap-up budget bill, Congress weakened a provision drafted last year to restrict the Bush administration’s …More

Boost Comes at a Cost

Published: February 19, 2003

While the annual federal pay raise battle commonly is a long and hard-fought one, the process for setting the 2003 …More

Extra Percentage Point Likely to Be Divided Up

Published: February 19, 2003

Although not specified in the recently enacted legislation, it’s expected that the funds for the additional percentage point of salary …More

2003 Pay Raise Finally Settled: 4.1 Percent

Published: February 19, 2003

Congress has passed legislation to fund most of the government through the remainder of the fiscal year that started last …More

Buyout, FEHB, Retirement, Other Bills Offered

Published: February 12, 2003

Among legislation recently offered in Congress are: HR-366, sponsored by Rep. Darlene Hooley, D-Ore., to allow waivers of the general …More

Early Retirement, Buyout Authority Detailed

Published: February 12, 2003

The Office of Personnel Management on Feb. 4 issued in the Federal Register rules to carry out the new government-wide …More

Contracting Out Rule Changes Coming

Published: February 12, 2003

The Office of Management and Budget is expected to issue within several weeks the final version of its proposed changes …More

Hold Those Horses a Little Longer

Published: February 12, 2003

The special rate back pay case involves employees receiving that form of bonus pay during the years 1982-1988 who had …More

Movement Possible Soon on Special Rate Case

Published: February 12, 2003

A judge’s order approving the settlement in the special rate back pay suit is due to become final February 18, …More

Test Upcoming for Pay Provisions

Published: February 12, 2003

The first test of both likely will come in several months as Congress begins to write a “budget resolution” that …More

Raise, Performance Fund in for Scrutiny

Published: February 12, 2003

The Bush administration’s 2 percent pay raise proposal is just one of two major pay initiatives in the fiscal 2004 …More

Locality Pay Fell First

Published: February 12, 2003

The locality part of the 1990 federal pay law quickly fell by the wayside when the Clinton administration raised concerns …More

Death Knell for 1990 Pay Law?

Published: February 12, 2003

In what could sound the death knell for the 1990 Federal Employees Pay Comparability Act-the law that was supposed to …More

TSP Stock Funds Fall Again

Published: February 12, 2003

The three stock-based Thrift Savings Plan investment funds all suffered losses in January, with the common stock (C) fund down …More

More Waiting Ahead

Published: February 12, 2003

If the 2003 raise is set at 4.1 percent retroactive, it likely would be several weeks afterward until agency payroll …More

No Veto Threat on 4.1 Percent Raise

Published: February 12, 2003

Congress hopes to conclude work this week on the budget for the fiscal year that is now almost five months …More

Budget Reviews ‘Governing with Accountability’

Published: February 5, 2003

The Bush administration budget includes a section reviewing agency performance in meeting the President’s Management Agenda, a set of reforms …More

SES Pay Reform Also Proposed

Published: February 5, 2003

The administration’s budget also seeks to reform pay-setting for senior executive service members by replacing the current six-step pay system …More

Benefit Programs Generally Left Alone

Published: February 5, 2003

Other than the funding shift proposal, the White House budget makes little mention of basic federal employee benefits such as …More

Retirement, FEHB Proposal Repeated

Published: February 5, 2003

The Bush administration budget repeats a proposal it made last year and that was rejected by Congress involving the financing …More

Opposition Appears to Be Weakening

Published: February 5, 2003

Supporters of a 4.1 percent 2003 federal raise say the administration-which for most of last year was advocating 2.6 percent …More

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FEDweek Handbooks FEDweek.com - FERS retirement handbook 2025 BUY NOW: FERS Retirement Guide 2025
Issue Briefs FEDweek.com | Primer: government furloughs and shutdowns, what feds need to know Shutdowns & Furloughs – What You Need to Know
Forum
Questions forum

FEATURED

Bill to Pay Federal Employees Fails to Reach a Vote in Senate; Alternative Bill Introduced posted on October 22, 2025

2025 TSP Rollercoaster and the G Fund Merry-go-Round posted on October 21, 2025

Series of Bills Offered to Address Shutdown’s Impact on Employees posted on October 21, 2025

Rethinking the Investing “Rules” Feds Are Told to Follow — Especially for Your TSP posted on October 21, 2025

Does My FEHB/PSHB Plan Stack Up? Here’s How to Tell posted on October 21, 2025

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Latest Guidance

  • Guidance Addresses Impact of Shutdown Furloughs on FEHB, Other Insurance Coverage
  • OPM Guidance Addresses Pay Issues arising During, After Shutdown
  • OGE Posts Guidance on Accepting Assistance, Outside Work During Shutdown

Legal Corner

  • Stricter Suitability Standards: What Fed Employees Can Learn from Security Clearance Holders
  • 5 Steps to Protect Your Federal Job During the Shutdown
  • How to Challenge a Federal Reduction in Force (RIF) in 2025

Latest in Benefits

  • Does My FEHB/PSHB Plan Stack Up? Here’s How to Tell
  • 8 Mistakes Employees Make During Open Season
  • Understanding Your 2026 Federal Health Benefits Options: FEHB, PSHB, and FEDVIP

Career

  • Administrative vs. Shutdown (Emergency) Furloughs
  • What’s the Difference Between a RIF and a Transfer of Function?
  • A Deeper Dive into Federal Career Transition Programs
TSPG FundF FundC FundS FundI Fund
Oct 2319.43 ~20.9 ~107.54 ~101.34 ~53.52 ~
Oct 2219.43 ~20.95 ~106.92 ~99.94 ~53.32 ~
TSPG FundF FundC FundS FundI Fund
Sep0.35 %1.09 %3.65 %2.04 %3.16 %
YTD3.34 %6.14 %14.80 %11.18 %25.34 %
1yr4.44 %2.90 %17.55 %16.41 %15.48 %
3yr4.34 %4.92 %24.88 %19.64 %22.32 %
5yr3.30 %-0.36 %16.43 %11.48 %11.49 %
10yr2.71 %1.95 %15.28 %11.38 %8.53 %
TSP fund performance
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