James Announces Resignation
Kay Coles James has announced her resignation as Office of Personnel Management director effective at the end of this month. …More
Fedweek
Sign up Now! Free eNewslettersOPM 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
Rules Still to Come
In its announcement, DoD indicated that it expects to issue proposed rules on the NSPS
DoD Outlines First Phase of NSPS
The Defense Department has announced that the first phase of its new
VA Pay Bill Signed
President Bush has signed into law (P.L. 108-445) legislation to reform the pay-setting practices for doctors at the Department of …More
Experts
There
Remember FSA Use or Lose Feature
Federal employees who are currently enrolled in flexible spending accounts for the 2004 plan year should remember that the plan …More
Follow-Up to TSP Open Season Bill Planned
In the wake of Congress passing legislation (HR-4324) to abolish the twice-yearly open seasons in the Thrift Savings Plan, the …More
Similar Situation in House
In the House, also due to term limit restrictions, Rep. Bill Young, R-Fla., will have to give up the Appropriations …More
Stevens Leaving Appropriations Post
On the Senate side, Appropriations Committee chairman Ted Stevens, R-Alaska, will have to leave that post due to term limits; …More
