NY Federal Benefits Experts and Advocates

Important Message

IMPORTANT NOTICE:

We are striving to keep up to date with the latest information for your benefits. As you know, the overwhelming issue facing us and the Congress is the Coronavirus. Most, if not all of our Representatives time is being utilized to deal with this crisis facing our nation. If issues do arise that affect our benefits or pay, NARFE will strive to provide our members with all the information you need to stay tuned into these issues.

In the meantime, please stay safe and healthy.

Dennis Gawron

Federation President

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Beneficiary Designations Still Valid even if not in New System, says TSP

The TSP has said that although beneficiary designations made by some account holders did not carry over into its new operating system, those designations are still valid.

One major complaint from many TSP investors since the June 1 switchover is that the designations they had made are no longer shown in their “My Account” online accounts.

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OPM Announces Admin Leave for Employees To Vote

The Office of Personnel Management (OPM) recently announced that federal employees may now receive up to four hours of administrative leave to vote in federal, state, local, tribal, and territorial elections.

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Proposed 5.1% pay raise for feds in 2023

A proposal newly introduced in Congress (HR-6398) by several Democrats—and backed by federal employee organizations—for an average 5.1 percent raise for 2023 marks the beginning of the long annual process of determining the following year’s raise.

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2022 Federal Pay Raise Finalized at 2.7%

President Biden issued an executive order Wednesday finalizing the 2022 federal employee pay raise of 2.7 percent. The increase will be effective January 1, 2022.

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