News
Market Sinks on July 31: All TSP Stock Funds Down in July
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.
Legislation Introduced to Repeal Increases in Federal Employee Pension Contributions
Two Congressmen have introduced legislation that would repeal the recent increases in federal workers’ pension contributions.
Moving Toward a 1% Pay Raise in 2015
The 2015 across-the-board federal pay raise, if any, is moving along its usual slow path.
Expanding FEHB Coverage: What Will it Cost Agencies and Is it Legal?
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.
These Highly Paid Federal Employees Reportedly Unhappy and Seeking Union Representation
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?
Breaking the Impasse on Federal Pay
Virtually all stakeholders agree that the General Schedule system needs overhauling, but each needs to see something different to move forward. The author says that problems with the GS system could lead to a deteriorating work environment.
Dog Bites Mail Carrier and Supervisor is Removed
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.
