TSP Funds All Positive in 2005
All five Thrift Savings Plan funds yielded positive returns in 2005, with the international stock (I) fund leading the way …More
Fedweek
Sign up Now! Free eNewslettersMileage Rate Drops for 2006
The rate the government pays federal employees for using their privately owned vehicles for official business is dropping in 2006 …More
Correction
An item in the December 28 FEDweek misstated the amount of COLA increases going to those retired under the FERS …More
OMB Seeks to Speed Up Clearance Process
The Office of Management and Budget has sent a directive to agencies attempting to address one of the issues relating …More
GAO’s Look at How Such Plans Work
For GAO’s explanation of how consumer-driven plans work and other findings from the report, go to fedweek.com/HotFreeNews in the hot …More
OPM Promises to Monitor Program
In its comments on the GAO report, the Office of Personnel Management said it recognizes that “some are concerned that …More
GAO Presents Data on Alternative FEHB Plans
Enrollment in “consumer-driven” plans in the Federal Employees Health Benefits program remains relatively low, the Government Accountability Office has said, …More
Expert’s View: The Changes are Here—Salary
For most employees, the new pay and leave year begins on January 8., writes benefits expert Reg Jones. “However, you …More
Some Initiatives Continuing
In a memo to NSPS program managers, the program executive office said “we want to ensure that our employees, supervisors, …More
DoD Puts Some NSPS Training on Hold
Meanwhile, DoD has put a hold on certain training related to NSPS, saying it has “received much feedback . . …More
DHS Regs Suit Also Progressing
Unions challenging a similar set of personnel rules at the Department of Homeland Security and the government have until February …More
DoD Suit Court Date Coming Up
A federal district court judge in Washington, D.C. will hold a hearing January 24 on a suit by a group …More
CRS Looks at Federal Pay Setting
The Congressional Research Service recently issued a report on federal pay-setting, including a look at the process the government uses …More
Expert’s View: Information for New Retirees
Those who are enjoying your first few days as retirees will soon be receiving a pamphlet from the government, writes …More
Other Bills of Interest
Other pending bills of interest to employees and retirees include HR-1765 and S-1255, to make student loan reimbursement payments for …More
Some Attention Still Coming
Although those provisions were enacted only late in 2005, the contracting issue likely will get at least some attention in …More
Contracting Issues May Settle Down
One area where there might be less controversy this year than in years past involves the contracting out program, which …More
Premium Conversion Seems Stuck
One retirement-related measure that made some progress in 2005 but that quickly bogged down is the effort to allow retirees …More
GPO, WEP Bills Remain Pending
As in past Congresses, various bills are pending to entirely repeal or to soften two Social Security provisions that often …More
Pay Issue a Perennial
President Bush will release his annual budget proposals in about four weeks and if he follows recent practice will not …More
Congress Faces Unfinished Work
The second session of the current Congress-the Senate returns to work on the 18th and the House on the 31st–will …More
Bill Contains ‘Soft Landing’ Provisions
The DoD authorization bill extends by four years, through fiscal 2010, DoD’s authority to offer “voluntary RIFs”—in which employees not …More
Some Planned Changes Softened
However, House-Senate conferees softened several other restrictions that had been written into earlier versions of the bill. The House had …More
DoD Authorization Bill Addresses Contracting Issues
Just before finishing work for the year, both the House and Senate passed a Defense Department authorization bill (HR-1815) that …More
Higher Contributions Allowed for TSP Investors
Biweekly investments in the Thrift Savings Plan will no longer be limited according to percentage of salary, effective in calendar …More
Voluntary Contributions Rate Drops
The interest paid in the voluntary contribution retirement savings program available to CSRS (but not FERS) employees falls in 2006 …More
Medicare Costs Rise
The monthly premium paid by those receiving Medicare Part B (primarily physicians’ services) benefits are rising from $78.20 to $88.50. …More
Social Security Rates Changing
For FERS employees, the Social Security maximum wage base is rising from $90,000 to $94,200. That is the portion of …More
New FEHB Coverage Begins
Also beginning this month are the new premium rates paid by both employees and retirees under the Federal Employees Health …More
New Year Brings New Finances
In addition to the raise, the arrival of the new year brings several changes in the financial pictures of federal …More
