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
Fedweek
Sign up Now! Free eNewslettersMedicare 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
Order Addresses Other Issues
The presidential pay raise order also addresses raise issues for various special categories of employees, including special rate employees, who …More
Order Finalizes 2006 Raises
President Bush has issued an executive order finalizing the January 2006 federal pay raises, splitting the 3.1 percent average general …More
Leave Year End Coming Up
The current federal annual leave year ends January 7 for most employees. Generally, federal employees may carry over to the …More
Expert’s View: Filling the Medigap
Federal retirees often ask if they should buy Medigap insurance, writes benefits expert Reg Jones. “If you are a federal …More
Half of Teleworkers are ‘Situational’
The data also show that half of federal teleworkers are considered to be “core” teleworkers-that is, their telework occurs on …More
Eligibility Criteria Vary
Of the agencies that specify occupations that are eligible for telework, support staff, temporary employees, and executives as most commonly …More
More Teleworking Reported
The numbers of federal employees eligible to telework and those actually doing so grew in 2004, according to the latest …More
Pretty Good for Government Work, By John Grobe
You’ve probably heard the phrase “pretty good for government work” used in a derogatory fashion. You’ve probably also heard many …More
Locality Pay is Not Based on Cost of Living
In the notice, OPM noted that some who commented on the draft rules suggested that separate locality pay areas be …More
Locality Policies Finalized
Meanwhile, the Office of Personnel Management has published, in the December 19 Federal Register, final rules carrying out certain changes …More
A Little More Patience Needed on Raise
Although many employees are naturally eager to see the new pay tables reflecting the January 2006 federal raise, President Bush …More
Health Insurance Provision a New Twist
The DoD appropriations bill-but not the measure covering other agencies-also contains language that is new for this year, in reaction …More
Contracting Provisions Included in DoD Bill
The annual appropriations bill covering the Defense Department, where most of the government’s contracting-out activity takes place, continues and expands …More
Postmasters Plan May Be Dropped from FEHB
The Office of Personnel Management has said it is considering withdrawing approval of the Postmasters Benefit Plan for participation in …More
Report Examines Revised SES Pay System
The Congressional Research Service has issued a report on the performance-based pay system for federal senior executive service members that …More
Get Those SES Ratings Finished, OPM Says
OPM also encouraged agencies to complete SES performance appraisals “expeditiously” so that pay adjustments may be processed for SES members …More
Senior Exec Rates Going Up Too
The OPM message also said that while the spending bill does not contain any language affecting the amount of the …More
Still Waiting on Final Details on Raise
The Office of Personnel Management has sent a notice to agencies reminding them that while an appropriations bill carrying an …More
Expert’s View: Wake-Up Call for CSRS Retirees
At this time of year federal retirements are common, writes benefits expert Reg Jones. “If you are one of them …More
Mileage Reimbursement Rate May Drop
The IRS has said the mileage rate that is deductible for tax purposes will drop in 2006 to 44.5 cents …More
How Pay Would Be Set
Under the NSPS plan, there would be four categories for setting pay. On first assignment, pay could be set anywhere …More
Ratings Would Translate into Shares
Under the DoD plan-which is subject to change, due to ongoing collaboration with federal unions and possibly due to court …More
New Ratings System Envisioned
The Pentagon plans for the NSPS to have a five-level rating system-the number of levels most commonly used in government …More
DoD Adds More Details on NSPS
The Defense Department has released additional details on how it plans for its new national security personnel system to function …More
TSP Stock Funds Bounce Back
After a down month in October, all three stock-oriented Thrift Savings Plan funds posted gains in November. The small company …More
