Matching Contributions Can Shut Off
If FERS investors hit the dollar cap before the last pay period, their contributions will shut off until 2006 and …More
If FERS investors hit the dollar cap before the last pay period, their contributions will shut off until 2006 and …More
The increase in the percentage of salary limit in the Thrift Savings Plan in 2005 means that additional investors who …More
All three Thrift Savings Plan stock-oriented funds posted positive returns in November, with the small capitalization stock (S) fund leading …More
The bill also sets the stage for some other changes in health benefits coverage. It orders OPM to report on …More
The House has cleared for President Bush
Because the spending bill was not finalized by the end of November, President Bush issued a letter to Congress announcing …More
Congress returned to work this week for a wrap-up session that included finalizing a catchall spending bill for the rest …More
The Office of Personnel Management has published a white paper on modernizing the civil service, tracing the changes that have …More
Generally speaking, an employee may not solicit or accept a gift given because of his official position or from a …More
The measure also includes new language requiring the Office of Personnel Management to conduct a study, to be delivered by …More
The catchall spending bill for fiscal 2005 also contains several provisions that for many years have been part of the …More
The final version of the spending measure also denies any funding for the
It could still be several weeks before the precise January 2005 general schedule raise amounts are announced, even following approval …More
Concurrent with the end of the FEHB open season is the end of the open season for electing flexible spending …More
After the first month of the counting period toward the January 2006 federal retirement cost-of-living adjustment, retirees have banked 0.8 …More
Congress has cleared for President Bush
As the Federal Employees Health Benefits program open season continues (through December 13), those making coverage changes should be sure …More
The Office of Government Ethics recently issued a memo regarding ethical requirements applying to federal employees who are seeking outside …More
The Thrift Savings Plan expects to have its planned new
A similar back and forth occurred on plans (S-2479 and HR-4324) to end the twice-yearly open seasons in the Thrift …More
During the lame-duck session Congress was unable to achieve final passage of proposals (HR-3751 and S-2657) to create a standalone …More
In other action on the catchall spending bill, House and Senate members dropped language
The 3.5 percent January 2005 federal pay raise, which has been working its way through Congress for most of this …More
The annual maximum on a health care flexible spending account is $4,000, not the $3,000 reported in last week
The interest rate the government uses for various purposes related to federal retirement programs
For a look at how Social Security benefits are calculated and the effect of reductions such as the windfall elimination …More
Also in 2005, the threshold is increasing for the earnings test, which applies to those who draw Social Security benefits …More