Extension, Partial Rollovers Are Possibilities
The Treasury Department letter did say, however, that the department is looking into
Fedweek
Sign up Now! Free eNewslettersTreasury Cites Reasons for Policy
In response to a letter from Grassley urging changing the FSA policy, the Treasury Department wrote that the rule
Use or Lose Rule on FSAs Draws Attention
The chairman of the Senate Finance Committee, Sen. Chuck Grassley, R-Iowa, has said he wants to change the
Closer Look at Rules
The rules, published in the January 5 Federal Register, also clarify situations in which certain SES members can donate leave …More
OPM Publishes Leave, Other Regs
The Office of Personnel Management has published a set of proposed rules, most of them relatively minor changes or restatements …More
Law Enforcement Pay on the Agenda
House Government Reform Committee chairman Rep. Tom Davis, R-Va. has said that reforming pay practices for federal law enforcement officers …More
One More TSP Open Season
The Thrift Savings Plan has said it will carry out its recently enacted authority to end open seasons for employee …More
Familiar Bills Reintroduce
Several familiar bills that in some cases have been pending in Congress for many years have been reintroduced for the …More
A Look Ahead to the Next Round on Raises
President Bush is scheduled to present his fiscal year 2006 budget proposal on February 7, which will kick off the …More
Guidance Issued on King Holiday, Inauguration Day
The Office of Personnel Management recently issued guidance on how the Martin Luther King, Jr.’s, Birthday holiday and Inauguration Day …More
New Mileage Rates Still Pending
The General Services Administration has not yet released new mileage reimbursement rates for federal travelers for calendar year 2005. The …More
TSP Regs Also Coming
Meanwhile, the Thrift Savings Plan is to issue regulations on a law (PL 108-469) abolishing employee open seasons and allowing …More
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
Wrapup 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
