Interfund Transfer Restrictions Show Effect
Although TSP investors made more than 166,000 interfund transfers in September, that number actually is well below the more than …More
Fedweek
Sign up Now! Free eNewslettersTSP Investors Get More Conservative
TSP investors shifted more of their money toward more conservative allocations during September, part of a months-long trend that has …More
Expert’s View: The Voluntary Contributions Program
There’s a program that can help CSRS employees earn additional annuity when you retire, writes benefits expert Reg Jones. "Not …More
DoD Bill Signed
President Bush has signed into law the annual DoD authorization bill (P.L. 110-417), which requires the government to produce a …More
System Upgrade Proves Not So EZ
OPM has canceled a main contract on its "RetireEZ" project, which involves automating many retirement-related functions with a goal of …More
CRS Summarizes Benefits for Former Presidents
The Congressional Research Service has issued a report on benefits for former Presidents. For a closer look, go to https://www.fedweek.com in …More
TSP Limits Increasing
The IRS has announced that investment limits on tax-favored retirement savings plans such as the TSP will rise in 2009. …More
Most Medicare Rates Also Increasing
Meanwhile, many rates under the Medicare program also are increasing for 2009. The premium paid by the large majority of …More
Social Security Figures Also Affected
Meanwhile, several figures important in the Social Security program also are being adjusted for 2009. Earnings subject to the 6.2 …More
COLA, Raise Are Two Separate Things
The annual COLA announcement always sets off a round of confusion in the federal community involving raises and COLAs. The …More
COLA the Highest in Recent Years
The 5.8 percent COLA that most federal retirees and survivor beneficiaries will receive with their January 2009 payments will be …More
Expert’s View: A False Premise
Some retirees seem to be suffering from a misunderstanding about how the election of a survivor annuity works, writes benefits …More
OPM Launches Hiring Initiative
OPM has announced a new hiring initiative designed to address widespread frustrations experienced both by applicants—including current federal employees wishing …More
Non-Foreign Area COLAs Stay in Place
Another of the final administration initiatives was to replace the "non-foreign area" cost-of-living adjustment paid to employees outside the contiguous …More
Contracting Out a Mixed Bag
The year also produced a mixed bag of results on an issue of long-running conflict between the White House on …More
TSP Ideas Advance to a Point
Also as part of the tobacco policy bill, the House approved language that would have made several important changes in …More
Other Retirement Proposals Also Stall
Also stalling after clearing a House committee was a proposal to allow federal retirees to participate in the "premium conversion" …More
Short-Term Disability Insurance Idea Dropped
Among the last major Bush administration initiatives for federal personnel was a proposal unveiled earlier this year to create a …More
Many Ideas Fall by the Wayside
Congress has left behind numerous proposals favored by members of one party or the other, and in some cases by …More
TSP Returns Posted, if You Can Bear to Look
All three stock-related TSP funds, plus the bond fund, dropped in September, dragging the lifecycle funds down with them. The …More
Electronic Pay, Senior Level Bills Approved
Congress has sent to the White House HR-6073, which provides that federal employees receiving their pay by electronic funds transfer …More
Expert’s View: FEHB Premiums in Retirement
Benefits expert Reg Jones concludes his series on misconceptions about health insurance benefits in retirement by explaining how premiums are …More
DoD Measure Has Limited Impact
The final version of the fiscal 2009 DoD authorization bill (S-3001) sent to President Bush would make only relatively minor …More
Some Areas Would Receive Higher Pay
The group also recommended that the 3.9 percent average raise for GS employees that was approved as part of a …More
Locality Pay Program Remains Stable
A special advisory group on federal pay matters, the Federal Salary Council, has backed only minor changes in the locality …More
Some Issues with Ratings System Addressed
The rules also reflect several changes that DoD undertook on its own initiative, in part responding to questions about the …More
NSPS Rules Changes Finalized
DoD has published the final version of rules proposed earlier this year making numerous changes in the national security personnel …More
DHS Personnel System Dropped
DHS has dropped plans to carry out an alternative personnel program there, following the latest funding cutoff, in the continuing …More
Use Is Concentrated by Occupation, Agency
The OPM report also showed that use of the incentives is concentrated by occupation and by agency. The Defense Department …More
Use of Incentive Payments Increases
Federal agencies roughly doubled their use of recruitment, retention and relocation incentive payments in 2007 versus 2006, according to a …More
