Other Areas Also Need Guidance
OPM also will have to issue implementing regulations on provisions in that same law (PL 108-447) to give employees greater …More
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Sign up Now! Free eNewslettersWrapup Work on 2004 Policy Changes Needed
The Office of Personnel Management needs to issue guidance on several changes enacted as part of various laws last year, …More
It
Like all old sayings, the saying
DoD, DHS Also Bear Watching
Both the Defense and Homeland Security departments are expected to announce soon their plans for revised personnel systems that will …More
Report on Compensation Could Complicate Matters
One issue that apparently will arise during this year
Differences on Performance Link Remain
In recent years, the White House has tried to move the government away from across-the-board raises. It has proposed such …More
GPO, WEP Repeal Reintroduced
Legislation (HR-147) has been introduced in the House to repeal the government pension offset and windfall elimination provision, two aspects …More
One New Mileage Rate Released, Others Still Pending
The General Services Administration has raised the mileage reimbursement rate for federal travelers for calendar year 2005 to 40.5 cents …More
James Announces Resignation
Kay Coles James has announced her resignation as Office of Personnel Management director effective at the end of this month. …More
OPM Issues Pay Raise Memos
The Office of Personnel Management has issued several memos describing how the January 2005 pay increases will work for various …More
I Fund Leads 2004 Returns
The international stock (I) fund of the Thrift Savings Plan was the leading TSP fund in 2004, posting a gain …More
New FEGLI Rates
Effective with calendar year 2005, new premiums apply to Option B coverage in the Federal Employees
Higher Contributions for TSP Investors
Reflecting changes in the TSP open season that concluded Dec. 31, biweekly investments in the TSP can increase by 1 …More
Voluntary Contributions Rate Rises
The interest paid in the voluntary contribution retirement savings program available to CSRS (but not FERS) employees rises in 2005 …More
Medicare Costs Rise
The monthly premium paid by those receiving Medicare Part B (primarily physicians
Social Security Rates Changing
For FERS employees, the Social Security maximum wage base is rising to $90,000 from $87,900. 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
Retiree COLA Paid Out
Retirees are getting their annual cost-of-living adjustments with their January checks (or direct deposits, for those who get their payments …More
New Year Brings New Finances
The arrival of the new year brings several changes in the financial pictures of federal employees and retirees, some due …More
Special Extension Until December 31, 2004
To: All Federal Agencies, Libraries and Employees: Due to the large volume of bulk orders from federal agencies, and single …More
Locality Boundaries Change Finalized
Effective with the federal pay raises to be paid in January, boundary lines for many of the general schedule locality …More
CPI Indicator Increases
The inflation index used to determine federal retiree cost-of-living adjustments increased by 0.2 percentage points in November, bringing the count …More
Special Rates Raise Ahead
The Office of Personnel Management has decided that information technology employees in special rate categories should receive the same across-the-board …More
Leave Year End Coming Up
The current federal annual leave year ends January 8. Generally, federal employees may carry over to the next leave year …More
Increases Not Due to Open Season
The increases in FEGLI rates for 2005 will be the last of the previously announced three-step set of increases that …More
FEGLI Rates Reminder
Federal Employees Group Life Insurance premiums for FEGLI enrollees at older ages will increase in January as part of a …More
Some Policies Not Changing
Those rules also will outline agency responsibilities to keep track of when government contributions for newly hired employees can begin. …More
TSP Rule Changes Coming
Recent passage of the legislation to end the employee open seasons in the TSP does not mean that immediately after …More
TSP Open Season Ending
The Thrift Savings Plan
Questions and Answers on Spiral One
For Defense Department questions and answers on spiral one, go to www.fedweek.com/HotFreeNews in the hot free info section of our …More
