Investors More Conservative than Private Sector Workers
The report also says stock-related investments make up about two-thirds of private sector 401(k) plan assets but the average TSP …More
Fedweek
Sign up Now! Free eNewslettersReasons for Participating, and Not
Among participants, the most common reason is the tax advantage, cited by 70 percent, followed by the convenience of payroll …More
TSP Also Reports Survey Results
The TSP meanwhile released results of a survey it conducted last year, showing that investors overall support increasing the available …More
How the Private Sector Compares
For some of the questions, OPM presented comparisons with similar survey questions of private sector employees. There was an insignificant …More
Some Changes in Trends
The report shows some trends since the initial 2002 survey reflected in both the 2004 and 2006 surveys. For example, …More
Some Other Indicators Low
As in the past surveys, certain areas showed far lower levels of satisfaction. Only 22 percent agreed or strongly agreed …More
Employees Like their Work, Benefits
Federal employees hold generally positive views about their jobs, pay, benefits and immediate supervisors, although they take a dimmer view …More
Student Loan Rules Changes Proposed
OPM proposed in the January 9 Federal Register several changes in the student loan reimbursement program, a recruiting and retention …More
TSP Guidance on 2007 Contributions
The TSP has released guidance in the form of questions and answers regarding the pay date issue and other 2007 …More
Count Those Pay Dates Carefully
Some federal employees will have 27 pay dates in calendar year 2007, which could affect TSP investment planning for some …More
Expert’s View: Survivor Benefits for Spouses
If you are married and die while still employed by the federal government, your surviving spouse is entitled to certain …More
Bonus Award Regs Finalized
OPM published in the January 11 Federal Register the final version of rules proposed last year to clarify that when …More
Mileage Rate Unchanged—For Now
The reimbursement rate for federal employees using their own cars on official business remains at 44.5 cents per mile at …More
Commuting Subsidy Maximum Rises
The IRS has raised the tax-free limit on public transit subsidies from $105 to $110 a month, potentially triggering an …More
Employee Bills Introduced
Among legislation introduced in the early days of Congress are: S-80, by Sen. Ted Stevens, R-Alaska, to grant eight weeks …More
Administration Opposes Changes
The Bush administration meanwhile wrote in a position statement that the passage of original TSA measure “was delayed over debate …More
Personnel Rules Dispute Begins
In what could be the only the opening shot in a running battle between the White House and the Democratic-led …More
Catch-up Contributions Reminder
Active employees who are age 50 or above, or will be before the end of the year, and who wish …More
I Fund Leads TSP Returns Again
For the third year in a row, the international stock I fund in 2006 turned in the best performance among …More
Expert’s View: Children’s Survivor Benefits
If you leave child survivors at your death, they may be eligible for a monetary benefit, writes benefits expert Reg …More
Key Panel Reshuffled
The appropriations committees of Congress are being reorganized by the new leadership, in part to end a situation that existed …More
Status of Special Rate Raises
OPM has issued guidance regarding the status of pay for special rate employees in 2007, stating that as usual, the …More
NSPS Raises Look Much the Same
The 2007 raise also is the first under DoD’s national security personnel system, although only about the 11,000 employees who …More
No Additional Locality Pay for Gulf Coast
OPM has issued guidance on recruitment and retention flexibilities for Gulf Coast region employees affected by the 2005 hurricanes but …More
Some Changes in Locality Boundaries
While there was no major change in the structure of the GS locality pay system for 2007, several changes in …More
Pay Raise Kicks In
Beginning with the pay period that started Sunday (January 7), new federal salary rates have kicked in, reflecting general schedule …More
Guidance on Holiday Policies Issued
OPM has issued guidance regarding pay and leave policies for Christmas and New Year’s, both of which fell in the …More
Leave Year Coming to End
The current federal leave year ends January 6. Generally, federal employees may carry over to the next leave year no …More
Familiar Bills Likely Ahead
Traditionally, early in a new Congress members reintroduce bills that they have pushed for years without success. In the federal …More
Fiscal 2008 Budget Upcoming
While dealing with unfinished 2006 work, Congress will have to start work in about a month on the fiscal 2008 …More
