Posted by: sarah_oz@yahoo.com
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Soft Skills Development & Training
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Sent from my ASUS Pad
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Happy New Year,
I updated my guide on the January effect for 2016. You can read it in full at https://tspsmart.com/The-January-Effect.
Depending on how you define it, the effect has faded away the last decade and most of the effect occurred during the pre-election years since 1950 (2016 will be an election year).
Of note, January 2014 and 2015 were down 1.9% and 1.8% respectfully for the TSP S fund (non-SP500 small caps) and down 3.5% and 3.0% respectfully for the TSP C fund (SP500). So while you could say the small caps outperformed the large caps, they were still down the last two years. The markets did bounce back in both Februarys.
January 2012 and 2013 were up significantly, but the markets were under the spell of QE back then. Now monetary policy is tightening, credit spreads are widening, market internals have not recovered since July, we're in a earning recession, and the Santa did not Rally. I define this as a hostile investing environment.
Hopefully Santa was just late,
Michael
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You could just look at the OPM website and see the 2016 pay schedule.
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How to Figure Your 2016 Pay Raise
By GovExec Staff
December 29, 2015
Federal employees can breathe a sigh of relief now that President Obama has made next year's 1.3 percent pay raise official, with a Dec. 18 executive order. What will the raise mean for your paycheck? The answer depends on where you live. For the first time since 2010, the raise will be split between a 1 percent across-the-board hike and a locality increase that hovers around 0.3 percent but will be bigger for employees in expensive regions such as California's Bay Area and Washington, D.C.
To calculate what your new salary will be in 2016, start by multiplying your 2015 base pay by 0.01 to reflect the across-the-board hike of 1 percent. Then add that number to your base pay. Next, take the new number and multiply it by the total locality increase for your area (which you can find in the chart below). Add this to the previous number to arrive at your total pay for 2016.
For example, if you are a GS 1, Step 1 employee in Washington, D.C., you would first take your 2015 base pay of $18,161 (found on this table from the Office of Personnel Management) and multiply it by 1 percent, or 0.01. That would give you $181.61. Then add this to the base pay, getting $18,343. Next, multiply this new number ($18,343) by 0.2478 to reflect the 24.78 percent locality adjustment for the Washington-Baltimore-Arlington area. This gives you $4,545.30 in locality adjustments. Add that to $18,343 and you have a 2016 salary of $22,888.
Locality pay doesn't apply to the military and Senior Executive Service. Military members are slated for a 1.3 percent total pay raise; SESers can refer to the 2016 pay tables published in the Federal Register last week for information about their 2016 pay rates.
Under the omnibus spending bill President Obama signed into law earlier in December, hourly federal workers will be eligible to receive the same percentage pay bump as their salaried colleagues. OPM acting Director Beth Cobert issued a memorandum to federal agencies last week telling them to cap the hourly pay raise at 1.37 percent. That figure represented both the 1 percent across-the-board raise certified by Obama last week, as well as the average adjustment of the first increase to locality pay in five years.
Wage Grade workers could receive a raise of less than 1.37 percent if the annual wage survey of private sector rates in a given area is lower than that amount, Cobert said. The omnibus also spelled out a formula for determining the minimum raise for each wage area.
Unlike the raise for GS employees, the Wage Grade increase is applicable to the 2016 fiscal year. That means the increase is retroactive to Oct. 16, 2015.
(Top image via Rrraum/Shutterstock.com)
By GovExec Staff
December 29, 2015
How to Figure Your 2016 Pay Raise
How to Figure Your 2016 Pay RaiseA look at what next year's boost will mean for you. Preview by Yahoo
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By GovExec Staff
December 29, 2015
Federal employees can breathe a sigh of relief now that President Obama has made next year's 1.3 percent pay raise official, with a Dec. 18 executive order. What will the raise mean for your paycheck? The answer depends on where you live. For the first time since 2010, the raise will be split between a 1 percent across-the-board hike and a locality increase that hovers around 0.3 percent but will be bigger for employees in expensive regions such as California's Bay Area and Washington, D.C.
To calculate what your new salary will be in 2016, start by multiplying your 2015 base pay by 0.01 to reflect the across-the-board hike of 1 percent. Then add that number to your base pay. Next, take the new number and multiply it by the total locality increase for your area (which you can find in the chart below). Add this to the previous number to arrive at your total pay for 2016.
For example, if you are a GS 1, Step 1 employee in Washington, D.C., you would first take your 2015 base pay of $18,161 (found on this table from the Office of Personnel Management) and multiply it by 1 percent, or 0.01. That would give you $181.61. Then add this to the base pay, getting $18,343. Next, multiply this new number ($18,343) by 0.2478 to reflect the 24.78 percent locality adjustment for the Washington-Baltimore-Arlington area. This gives you $4,545.30 in locality adjustments. Add that to $18,343 and you have a 2016 salary of $22,888.
Locality pay doesn't apply to the military and Senior Executive Service. Military members are slated for a 1.3 percent total pay raise; SESers can refer to the 2016 pay tables published in the Federal Register last week for information about their 2016 pay rates.
Under the omnibus spending bill President Obama signed into law earlier in December, hourly federal workers will be eligible to receive the same percentage pay bump as their salaried colleagues. OPM acting Director Beth Cobert issued a memorandum to federal agencies last week telling them to cap the hourly pay raise at 1.37 percent. That figure represented both the 1 percent across-the-board raise certified by Obama last week, as well as the average adjustment of the first increase to locality pay in five years.
Wage Grade workers could receive a raise of less than 1.37 percent if the annual wage survey of private sector rates in a given area is lower than that amount, Cobert said. The omnibus also spelled out a formula for determining the minimum raise for each wage area.
Unlike the raise for GS employees, the Wage Grade increase is applicable to the 2016 fiscal year. That means the increase is retroactive to Oct. 16, 2015.
(Top image via Rrraum/Shutterstock.com)
By GovExec Staff
December 29, 2015
How to Figure Your 2016 Pay Raise
How to Figure Your 2016 Pay Raise A look at what next year's boost will mean for you. | |||||
Preview by Yahoo | |||||
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Please don't bother. See archives.
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I'll send you the returns for tspkey as soon as I can find them—have no idea how to post to this group even though I have a yahoo account
From: TSP_Strategy@yahoogroups.com [mailto:TSP_Strategy@yahoogroups.com]
Sent: Tuesday, December 29, 2015 5:20 PM
To: TSP_Strategy@yahoogroups.com
Subject: [TSP_Strategy] Re: TSP Allocation Guide Historical Returns
Thanks Sarah...looking around the site leaves one wondering about their returns.
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Thanks Sarah...looking around the site leaves one wondering about their returns.
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We tried adding it in 2014, but they failed to consistently provide their ytd returns.
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I've been looking around this forum and the performance history of the paid and free services but can't find anything on TSP Allocation Guide. Are they too new to track? Thanks for any information and Happy New Year (and good returns) to everyone!
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