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Stopgap Funding Plan Starts to Move

The House could vote as soon as this week on a temporary budget measure that generally would fund agencies until December 11 and prevent the type of partial government shutdown that occurred last year when the new fiscal year started October 1 with no spending authority in place. Continue ›

FSA Grace Period Policy Changing

OPM is revising the flexible spending account program's "use or lose" feature effective with the 2015 plan year. Continue ›

OPM's Advice on Seeking Phased Retirement

OPM recently issued guidance on the new phased retirement program emphasizing that the first step for employees eligible and interested is to speak with their immediate manager. Continue ›

Download Now: The Federal Employee's Guide to Phased Retirement

FEDweek has just updated its free download on the new type of retirement allowing employees to receive partial annuity benefits while working part time, called The Federal Employee's Guide to Phased Retirement, reflecting the final OPM policy decisions recently announced. Continue ›

Guard Against Hitting TSP Dollar Limit

This time of year is a good point for FERS employees to check to make sure they won't lose government contributions to their TSP accounts due to hitting the annual investment dollar limit too early. Continue ›

What Happens When Limit is Hit

If FERS investors hit the dollar cap before the last pay period of the year, their own investments will shut off until next year and so will government matching contributions worth up to 4 percent of salary (although the automatic 1 percent of salary government contribution for FERS employees would continue). Continue ›

Expert's View: Get Ready for the Annual Open Season

Open season is your annual opportunity to either change or elect coverage that you can rarely do at any other time of the year, writes benefits expert Reg Jones. Continue ›

Guidance Sent on Work Flexibilities

OPM has sent guidance following up a June White House memo encouraging agencies to inform employees of the various workplace flexibilities that are available for work-life balance purposes and to make the most use of them possible within the law and agency mission needs. Continue ›

OPM Explains Right to Request Flexibilities

Reflecting language in the White House memo, the OPM guidance adds: "Federal employees have the right to request, without fear of retaliation or adverse employee action as a consequence of making such a request, work schedule flexibilities available to them under law, pursuant to any applicable collective bargaining agreement or under other agency policy. Continue ›

Federal Legal Corner: Claim Stated for FLSA Violations

On July 31, 2014, in Martin, Jr. et al. v. the United States, No. 13-834C, (July 31, 2014), the U.S. Court of Federal Claims ruled that a class of plaintiffs had stated a claim for violations [...] Continue ›

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federal employee benefits

TSP Fund Performance