Some Twists in Bills
While endorsing a 4.1 percent raise, the House bill contains several provisions that could have an important effect down the …More
Fedweek
Sign up Now! Free eNewsletters4.1 Percent Raise Figure Advances
Both the House and Senate have moved further to reject President Bush’s proposal for a 2 percent January 2004 raise-a …More
In Remembrance
The second anniversary of the 9/11 tragedy is upon us. And once again while we mourn our dead, we pay …More
Timing Can Be Tricky
Those wishing to make catch-up contributions to the TSP can apply at any time; it is not necessary to wait …More
Catch-Up Contributions Starting for DoD Employees
Beginning with the pay period that starts Sunday (September 7) the Defense Department will start making deductions from payroll for …More
FEGLI Rates Also Could Rise
Another insurance rates announcement possible soon involves the Federal Employees Group Life Insurance Program. Many FEGLI rates rose at the …More
Limited Changes in Coverage Likely
Unlike in some past years, plans are not under orders from Congress to add certain new benefits, and OPM itself …More
New Plan Choices May Appear-Or Not
In addition to various measures to hold down costs, OPM has been encouraging plans to offer non-traditional designs. The most …More
Emphasis on Cost Containment
OPM has been encouraging plans to promote generic drug programs, use of less costly brand-name drugs, mail-order drug programs, and …More
FEHB Rates Announcement Pending
The Office of Personnel Management likely will soon announce new coverage and rates under the Federal Employees Health Benefits Program …More
DoD Changes Ahead-But How Extensive?
The other major piece of must-pass legislation currently before Congress is the annual Defense Department authorization bill (HR-1588) that this …More
Transportation-Treasury Bill the Key
The key bill in the budget deliberations will be the Transportation-Treasury appropriations bill, which is ready for a House vote …More
Spending Bills Await Congress
Congress returns to work this week facing a full plate of business left over from before its August recess, including …More
FSA Program Launching at DoD, Elsewhere
Effective September 1, employees of the Defense and Energy departments, NASA, National Security Agency, National Science Foundation, Office of Management …More
New Per Diem Rates Coming
The General Services Administration likely will soon announce new per diem rates for federal travelers to be effective October 1, …More
The Value of Unused Leave by Reg Jones
As you probably know, when you retire, you’ll be given a lump sum payment for any unused annual leave, writes …More
Separate Rules Would Be Needed
The Labor Department rules-even if they become finalized as proposed and are not blocked or modified in the meantime-would not …More
Overtime Rules Controversy Could Spill Over
A controversy over proposed revisions in overtime rules for private sector employees could spill over into the federal sector, although …More
Proposed Changes in Pay System Noted
The CBO report also noted that the Defense Department authorization bill for fiscal 2004 (HR-1588) now pending in a House-Senate …More
Report Includes Caveats
The CBO report provided these caveats regarding its findings: “Although pay comparisons can provide useful information, the data that underlie …More
Bonuses and Awards a Big Part of Compensation
The report noted that beyond their salary-which this year can range up to $142,500-slightly more than half of federal senior …More
Top Federal Managers and Executives Pay Stacks Up Well Against Some
https://www.fedweek.com/HotFreeNews/showpage1.asp?title=8/27/03 to read CBO’s full report on its findings.
COLA Count Remains Unchanged
The consumer price index measure used to set the January 2004 federal retiree cost-of-living adjustment was unchanged in July, meaning …More
What Do I Want to Do . . . By John Grobe
Many of us would finish the sentence above by adding the words “. . . with my life” or “. …More
Percentage Limits Still Would Apply
The bill would raise the tax code dollar cap on retirement saving programs to $15,000 effective in 2004. The current …More
Tax Reform Measure Could Affect TSP
The House could vote soon on a measure (HR-1776) to reform various federal pension laws that could have an effect …More
Board Thought It Would Win
The Federal Retirement Thrift Investment Board said it decided to wait to allocate $41 million botched computer system project loss …More
Some TSP Investors Escaped Paying for Lawsuit Debacle
Because the board running the Thrift Savings Plan delayed applying a $41 million loss from its unsuccessful suit against the …More
Salary Council to Review Localities
The Federal Salary Council, a body that advises senior federal officials on the general schedule locality pay system, will hold …More
Same Effect Could Repeat Soon
The stock funds’ 12-month returns could fluctuate widely in the months ahead due to the same effect. While the C …More
