Already Approved Changes Await Finalization
One change already enacted into law and put into effect—on paper, at least—is phased retirement, allowing retirement-eligible employees to ask …More
One change already enacted into law and put into effect—on paper, at least—is phased retirement, allowing retirement-eligible employees to ask …More
OPM auditors recently examined the books of the FEGLI program and while the report generally was positive it did find …More
A memo from the White House and the heads of OPM and OMB seeks to improve employee engagement in the …More
Agencies are to review and analyze data “to identify areas/organizations of strength and weakness, gathering input from employees, and using …More
Most federal employees work under a pay cycle whose ending date for the current biweekly period will be Saturday (January …More
Employees may invest in the TSP by percentage of salary or by dollar amount per pay period. Regular investments continue …More
The large company stock C fund posted the highest return among TSP funds in calendar year 2-2014, up by 13.78 …More
OPM has ordered FEHB carriers to put in place a series of protections against fraud, waste and abuse such as …More
FEHB enrollees would be at no risk of losing their health insurance coverage if their plan drops out of the …More
If you had the option, would you prefer a 4-day (40 hour) federal workweek over the established 5-day week? Poll …More
The arrival of the new year brings several changes in the financial pictures of federal employees and retirees, some due …More
Federal retirement benefits are increasing effective with January payments by 1.7 percent for those retired under CSRS and those under …More
The investment limit on tax-favored retirement savings plans such as the TSP will rise to $18,000 from $17,500. That’s the …More
The Social Security withholding “FICA” tax of 6.2 percent will apply to salary up to $118,500, up from $117,000. For …More
For those drawing Social Security benefits, the earnings test applying to beneficiaries aged 62 through “full retirement age,” currently 66, …More
President Obama has issued an executive order finalizing what has been evident for many months, that federal employees will get …More
Another provision of the budget measure specified that political appointees under the Executive Schedule are to have their pay frozen, …More
For GS employees (and by extension, for wage grade employees) the raise will be paid across the board with no …More
Employees who will be unable to use all their “use or lose” annual leave by the time the current federal …More
OPM has reissued its guidance on agency operating status during weather emergencies, a guide officially only for the Washington, D.C. …More
Toward the end of the year, many federal employees become concerned about losing money in a health care flexible spending …More
OPM has put out guidance on the impact on other federal benefits for certain employees now eligible for FEHB coverage …More
Congress has adjourned for the year with one of its final actions having been to approve a budget measure that …More
Just before adjourning the Senate approved a House-passed bill (HR-5771) that would increase the maximum subsidy many agencies pay for …More
The Senate also passed S-1744, which would make several changes to policies regarding security clearances, which are needed for many …More
OPM is dropping a long-standing policy of designating certain states as “medically underserved” in the FEHB program effective with the …More
OPM says its average processing time on retirement applications is now 37 days and that 83.4 percent of new claims …More
A budget measure that now is within days of final voting in Congress would allow a 1 percent across the …More
The Senate also plans to vote in upcoming days on two bills passed by the House last week. One is …More
One other bill (S-1691) set for late-session action would overhaulfor Border Patrol agents “administratively uncontrollable overtime,” a special form of …More