Some Catch-Up Investors Might Have to Wait
Certain Thrift Savings Plan investors are supposed to be allowed to begin making “catch-up” contributions soon, but some agencies might …More
Fedweek
Sign up Now! Free eNewslettersAdministration Supports Revisions
The Bush administration supports changing the “deadly sins” provisions, saying in its budget proposal earlier this year that it favors …More
Revision of ‘Deadly Sins’ Advances
The House has approved legislation (HR-1528) containing language to soften the so-called “ten deadly sins” policy in effect at the …More
Medicare Reform Raises Concerns
Congressional action toward enacting a reform of the Medicare program has raised concerns in the federal community regarding the reform’s …More
COLA Count Slips Again
The inflation index used to set the January 2004 federal retiree cost-of-living adjustment fell in May for the second straight …More
Court Addresses Hearing Rights
A recent decision by the U.S. Court of Appeals for the Federal Circuit addresses the rights of federal employees to …More
Special Considerations for ‘Catch-Up’ Investors
Individuals eligible to make “catch-up” contributions under a new TSP feature beginning next month for those age 50 and older …More
TSP Open Season Drawing to Close
TSP investors wishing to take advantage of the current open season must do so by the end of this month-not …More
Bugs in the System
Following launch of the TSP’s new computer system June 16, numerous investors tried to check out their account information and …More
CSRS Workers: Beware of ‘Windfall’ Trap
A little known (or understood, for that matter) law squeezes anticipated Social Security benefits for most CSRS retirement system workers. …More
OPM’s Guidance on Fees
Also still to be announced is which agencies will absorb the fees envisioned in the FSA program–$4 a month for …More
FSA Open Season Ending
The initial open season for the federal flexible spending account program ends Friday (June 27), only two weeks after the …More
Bargaining on Plan Lies Ahead
The Senate likely will use the bill as that chamber’s bargaining position during an upcoming conference with the House on …More
DoD Personnel Reforms Take Step Forward
In a vote that could virtually guarantee that significant changes will be made in civilian personnel policies at the Defense …More
Early-Out Rules Expanded
Another set of interim rules published by OPM on the same day carry out a separate provision of the same …More
New Hiring, Degree Rules Issued
The Office of Personnel Management has published interim rules-effective immediately, although comments are being accepted-carrying out several government-wide changes in …More
Lack of Money the Main Issue
Said the OPM report (see above), “The most common barrier to using the student loan repayment program reported by the …More
Few Student Loan Reimbursements Paid
Only about half of agencies are using of their authority to reimburse employees for student loan costs as a recruiting …More
Movement Possible on DoD Reforms
The Senate Governmental Affairs Committee this week could approve legislation (S-1166) that would give the Defense Department most of the …More
Keeping Your Eyes on the Exit Door
By John Grobe There are clouds on the federal employment horizon. Will they be storm clouds that bring strong winds …More
Startup Questions Remain
The extension of the FSA open season occurs as many agencies continue to work to revise their payroll systems to …More
Fees Policies Could Vary
The actual enrollments in the FSA program were in part delayed by uncertainty regarding whether employees would have to pay …More
Update: FSA Open Season Extended, Enrollments Accepted
The open season for the federal flexible spending account program has been extended by a week, to June 27, and …More
Some Special TSP Considerations
Although the transfer to the new computer system will not require any special action by the large majority of investors, …More
New Loan, Withdrawal Options on Tap
Other changes related to the new computer system include: there is no longer a limit on the number of times …More
Not Quite Day Trading
One much-anticipated feature of the daily valuation system is the end of the prior lag time-ranging from two to six …More
TSP Daily Valuation Up and Running
The Thrift Savings Plan, having been burned several times by setting goals for getting its new computer system running and …More
Lower Reservist Retirement Age Proposed
Legislation offered in the Senate (S-1035) by Sen. Jon Corzine, D-N.J., would reduce the retirement age for National Guard and …More
Rules for Those Not Receiving Settlement Packages
Certain individuals who may believe they are eligible for payments under the settlement were not mailed the packages, however. These …More
Special Rate Packages Should Be in Hand
Individuals in the database of the special rates back pay settlement should have received their “distribution packages” by now. Those …More
