MSPB Settlement Policy Issued
Cases before the Merit Systems Protection Board can be suspended for up to 60 days to allow the parties to …More
Fedweek
Sign up Now! Free eNewslettersPresident’s Management Agenda Update
The Office of Management and Budget recently released an updated look at how well the government in general-and individual agencies …More
DoD Issues Guidance on Buyout, Early Outs for Restructuring
The Defense Department has issued guidance on what it terms “special workforce restructuring buyouts and early retirements” during the fiscal …More
Practical Effect Questionable
The suggestion of an order to open all commercial type jobs to privatization has upset federal unions, which were main …More
Bid to Restrict Contracting May Backfire
Bush administration officials have adopted a new stance toward a congressional move to restrict the use of numeric goals for …More
GS Raise Figure Still Unsettled
Because of delays in the annual appropriations process, final action on the January 2003 GS pay raise still has not …More
‘Average’ Amount a Tricky Calculation
Blue-collar employees under the wage grade pay system-sometimes called the federal wage system-are supposed to be paid according to prevailing …More
Wage Grade Pay Cap Could Be 4.21 Percent
Under assumptions for the January 2003 federal employee raises drafted by the Federal Salary Council, blue-collar federal employees would have …More
Investment Policy Changes Advance
The House Ways and Means Committee has approved legislation (HR-5558) that would change several tax policies affecting retirement savings programs …More
Rocky Road to Passage for Catch-Up Bill
The TSP catch-up contributions measure addresses an anomaly in a law passed last year that allowed such catch-up contributions in …More
TSP Catch-Ups Could Begin Next Year
Catch-up contributions to the Thrift Savings Plan for investors age 50 and older could begin as early as the TSP …More
New TSP Computer System Delayed Again
The Thrift Savings Plan has delayed yet again the launch of a new computer system, saying that testing showed the …More
Reforms Drawing Little Attention
Even though the reforms in the Voinovich proposal are among the most significant civil service changes to be offered in …More
Civil Service Reforms on Hold
The Senate’s decision to shelve, at least for the time being, a proposal to create a Department of Homeland Security …More
Overview of FSAs
For an explanation of what FSAs are and how they work, go to https://www.fedweek.com/HotFreeNews/default.asp for the full story in the …More
Other Features May Be Added
OPM officials noted that FSAs are common in the private sector, where some employer plans offer uses of such accounts …More
Scope of FSA Coverage a Consideration
The government’s planned flexible savings account program, due to begin next July, will fall under the same tax code provisions …More
Another Bad Month for Stock Funds
The TSP’s three stock-oriented funds all suffered significant losses in September, with the common stock (C) fund down 10.87 percent, …More
TSP Catch-Up Bill Passes House
The House has passed legislation (HR-3440) to allow Thrift Savings Plan investors aged 50 and above to make special catch-up …More
TSP Open Season Upcoming
Investors in the Thrift Savings Plan are will get another opportunity increase the amount they can invest each biweekly pay …More
Wishful Thinking Dept.
With both Congress and the administration failing to act on the raise so far, some employees meanwhile apparently are raising …More
3.1 Percent Raise Figure a Longshot
While there has been speculation in some quarters recently suggesting that the average January 2003 federal pay raise will be …More
Pay Hikes Could Range Up to 4.87 Percent
General schedule raises in January 2003 would range from 4.02 percent to 4.87 percent among the GS localities, under a …More
Union Stakes in Homeland Security Fight
As the Senate continues to debate creation of a new Department of Homeland Security, union rights of the employees who …More
Locality System Change Proposed
The rules governing the boundary lines for locality pay for general schedule employees would be revised under proposed rules published …More
Conference on Key DoD Bill Continues
House and Senate members have been meeting for the past several weeks-and by all indications will be continuing to meet …More
Social Security Benefit May Be Affected
By reducing taxable pay, participants in flexible savings accounts will be reducing somewhat any Social Security benefit they stand to …More
Some Twists in FSA Concept
The flexible savings accounts that will become available to executive branch employees next year have several special provisions that individuals …More
New Additions, Cost Shifts
Meanwhile, four plans will be added to the FEHB program in 2003, two in Florida and one each in Montana …More
Changes in FEHB Plans Also Coming
While much of the attention to the recently announced changes in Federal Employees Health Benefits program offerings in the 2003 …More
