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Impact of Automatic Cuts Assessed

A recent Congressional Research Service report assessed the impact of potential automatic cutting in many government programs that could begin in January under terms of last year's debt ceiling agreement unless a law to prevent them is enacted. Continue ›

DoD Measure Advancing in House

The House could vote as soon as this week on the annual DoD authorization measure, following approval last week by the Armed Services Committee. Continue ›

Base Closings Request Not Included

The House DoD bill notably does not include authority to conduct two additional rounds of base closings next year and in 2015 as the Pentagon has requested. Continue ›

Whistleblower Protection Bill Clears Senate

Legislation (S-743) has been passed in the Senate to boost legal protections for federal whistleblowers, a bill that has been offered for many years and that has come close to final passage several times. Continue ›

Several Bills Set to Advance

A key Senate committee is set to consider this week a bill to loosen certain Hatch Act political activities restrictions, following an earlier delay of the bill over an issue relating to policy for certain state and local government employees who also fall under the restrictions because their programs receive federal funding. Continue ›

Restrictions on Travel Ordered

In reaction to the GSA conference scandal, OMB has ordered that agencies cut spending on travel by 30 percent from their fiscal 2010 levels starting in fiscal 2013—although with limited exceptions related to national security, diplomacy and certain other purposes. Continue ›

Expert's View: Sick Leave and CSRS

Sick leave is the gift that keeps on giving, writes benefits expert Reg Jones. Continue ›

Developmental Program Changes Finalized

OPM has finalized rules to carry out a 2010 executive order that overhauled federal career developmental programs by creating the Pathways Program, consisting of two new programs plus the pre-existing Presidential Management Fellows program which primarily places those with advanced degrees in federal jobs with the opportunity to convert to competitive service status. Continue ›

Federal Legal Corner: Fitness for Duty Exams

In John Doe v. Pension Benefit Guaranty Corporation, 2012 MSPB 42 (3/27/12), the MSPB ruled that the Pension Benefit Guaranty's Corporation's ordering of an appellant to undergo a fitness for duty examination (FFD exam) and concomitant [...] Continue ›

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federal employee benefits

TSP Fund Performance

TSP FundL IncomeL 2020L 2030L 2040L 2050G FundF FundC FundS FundI Fund
May 16 close$15.2422 $17.5275 $17.9637 $18.3524 $10.0389 $13.9038 $15.6425 $16.5057 $22.0801 $17.6386
Last 12 months2.22%0.95%0.54%0.09%-0.73%2.02%7.58%4.83%-1.24%-12.49%