TSP Catch-Up Bill Hits Snag
Meanwhile, legislation (HR-3340 and S-1822) to allow TSP investors age 50 and older to make special “catch-up” investments over and …More
Fedweek
Sign up Now! Free eNewslettersRise in Investment Limits Moving Up
The change in the TSP open season schedule means that the next one percentage point increase in the allowable percentage …More
TSP Open Season Dates to Change
The ongoing Thrift Savings Plan open season, which started May 15 and ends July 31, will be the last under …More
Law Enforcement Officer Bills Introduced
Several measures recently introduced in Congress seek to improve certain federal law enforcement officer benefits. They are: HR-4763, which would …More
Enhanced Disability Annuities Allowed
The Office of Personnel Management says it is now allowing enhanced disability annuities for CSRS disability annuitants and their survivors …More
Pre-Selection Called a Problem in Job Competitions
“In more than a few cases” federal supervisors have already identified the candidate they want to fill a job vacancy …More
Underwriting Requirements Outlined
Meanwhile, OPM has announced the underwriting requirements that will apply to those seeking lifetime coverage. Different sets of rules apply …More
Alternative Coverage Also to Be Defined
OPM late this month also will be announcing details on several other features of the program that weren’t ready during …More
More LTC Announcements Upcoming
The Office of Personnel Management will announce late this month several features relating to the Federal Long Term Care Insurance …More
Relatively Little Investment in S, I Funds
Although the S and I funds were eagerly anticipated by some TSP investors during the period between when they were …More
F, G Funds Still Top Performers
Meanwhile, the bond (F) and government securities (G) funds remain in positive territory, with the former gaining 0.88 percent in …More
New TSP Funds Conclude Rocky First Year
The Thrift Savings Plan’s international stock (I) fund and small and mid-sized U.S. company (S) fund concluded their debut year …More
Questions about Existing Rights Raised
While alternative personnel policies were relatively easy to install at TSA because the agency was starting from scratch, applying such …More
TSA a Model for Flexibilities?
The law passed last year to create the Transportation Security Administration may become a model for the personnel policies of …More
Greater Flexibility Sought for Proposed Security Department
The Bush administration’s proposal to create a Homeland Security department includes a request for “significant flexibility” over personnel policies including …More
GSA Seeks Vehicle Smoking Ban
The General Services Administration, which in 1993 barred the use of tobacco products in GSA fleet vehicles used by federal …More
DoD Authorizes Civilian Hostile Fire Pay
The Defense Department has authorized hostile fire pay for its civilian employees at the Pentagon, the World Trade Center and …More
OMB Moving Ahead on Contracting Revisions
Despite opposition from employee organizations, the Office of Management and Budget says it is moving ahead with a plan to …More
Expanded Police Powers for IG Agents Advances
The Senate Governmental Affairs Committee has approved legislation (S-2530) that would extend to some agents of agency inspector general offices …More
Overseas Jobs to Be Reexamined
The Office of Management and Budget is reviewing the number of federal employees assigned overseas with an eye to “rightsizing” …More
Other TSP Policies Also to Change
The proposed rules also would change policies regarding contributions, loans and withdrawals for those activated for military service, for example …More
TSP Proposes Death Benefit Changes
The Thrift Savings Plan’s governing board has proposed changes in rules affecting death benefits payable under the program. Current TSP …More
Other Bills May Need a Boost
Several other measures of interest to employees and retirees are continuing to draw co-sponsors but with time running short, those …More
Prospects Called Favorable on TSP ‘Catch-Up’ Bill
Another plan that officials say seems to have a strong chance of passage would allow Thrift Savings Plan investors age …More
Civil Service Reforms Still Have a Chance
Although there is little chance of reform of federal pay-setting this year, officials say, there remains a chance that at …More
Raise Looking Like 4.1 Percent
Spending plans are moving ahead that likely will set the average federal employee raise in January 2003 at 4.1 percent. …More
Budget, TSP, Other Measures on Congressional Plate
Congress returns to work this week from its Memorial Day recess with only about three months of legislative working time …More
Air Control Managers Could See Improved Benefits
Meanwhile, legislation has been offered in the House (HR-4760) to allow air traffic controllers who move into management or administrative …More
Law Officer, Retirement May Be Broadened
A measure (HR-4770) to extend the special retirement provisions applying to federal law enforcement officers to Federal Protective Service officers …More
Unions Would Pass on ‘Cafeteria’ Offerings
The American Federation of Government Employees and the National Treasury Employees Union have said in testimony and in prepared statements …More
