The stock market dropped in July ending a five month winning streak for the TSP C fund. For the year-to-date and the past twelve months, all of the TSP funds are showing a positive return.
Two Congressmen have introduced legislation that would repeal the recent increases in federal workers’ pension contributions.
OPM has issued a proposed rule to expand coverage of the FEHB to temporary and seasonal employees employed an average of at least 30 hours a week over a twelve-month period. The proposal appears to be in conflict with legislation on the same topic.
A union has filed a petition to represent employees at the Commodity Futures Trading Commission. Average salary at the agency is $145,610 but employees are reportedly unhappy in the belief that their salaries have been lagging behind other agencies such as the FDIC and the SEC. How do their salaries compare to these two agencies and to federal employees in other agencies?
A supervisor with 44 years of service who failed to follow agency policy when a mail carrier was bitten while on duty ends up losing her job based on this and several other misjudgments in carrying out her supervisory responsibilities.