News

$157,196,468 Spent on Union Salaries in FY 2012

Filed in News by on October 14, 2014

OPM reports that $157,196,468 was spent on official time expenses for unions in fiscal year 2012. What role do politics and the influence of unions in the administration play in this report and the reported numbers?

Continue Reading »

Pay Taxes on the Seed, Not the Harvest

Filed in News by on October 13, 2014

One advantage federal employees have when saving for retirement is the Roth TSP. A Roth investment allows you to pay tax on the seed (the smaller, starting investment) and reap the bounties (the investment plus growth/interest) tax-free. The author explains more about how this works.

Continue Reading »

Supporting Our Patriots in the Federal Workforce

Filed in News by on October 11, 2014

Senator Heidi Heitkamp (D-ND) says federal employees haven’t received fair pay increases in years and more must be done to support them.

Continue Reading »

About Those 2015 Health Insurance Premium Rates

Filed in News by on October 8, 2014

The average cost of health insurance premiums for 2015 is going up 3.2% according to OPM. How does this compare to the private sector?

Continue Reading »

Health Insurance Premiums Increasing in 2015

Filed in News by on October 7, 2014

Federal employees covered under the Federal Employees Health Benefits Program will see an overall average increase of 3.2% in their premiums next year.

Continue Reading »

Night Pay is the Right Pay But ONLY When It’s Regularly Scheduled

Filed in News by on October 7, 2014

The author details what qualifies as night work for General Schedule employees, how much night pay will be, and any conditions that may impact whether you will receive night pay when assigned to a shift that includes night hours.

Continue Reading »

The Confluence of Factors During the OPM Disability Retirement Process

Filed in News by on October 6, 2014

Is there is a sensible approach in preparing, formulating and filing for OPM Disability Retirement benefits? The author offers some details about the application process.

Continue Reading »

Little Change to Retirement Backlog in September

Filed in News by on October 6, 2014

The backlog of retirement applications at OPM stayed relatively flat in September.

Continue Reading »

Free Email Updates

Sign up for our free email updates to get our latest news sent directly to your inbox
  • Our top stories sent each business day
  • More news from your FedSmith.com authors
  • The day's closing prices for the TSP funds
  • Videos for the federal workforce