Tag: Agency News

Postal Service Suffers $5.5 Billion Net Loss in 2014

Filed in News by on November 14, 2014

The Postal Service had a net loss of $5.5 billion in FY 2014.

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Retirement Claims Inventory Rises in October

Filed in News by on November 5, 2014

OPM received more retirement claims in October than it did in September which pushed the backlog of outstanding claims higher.

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OPM Issues Guidance on President’s Long Term Unemployment Initiative

Filed in News by on October 16, 2014

The U.S. Office of Personnel Management (OPM) recently issued guidance to Federal agencies to assist in the implementation of the President’s three-part call to action plan to address barriers to employment for the long term unemployed.

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Retirement Claims Backlog Down Slightly in August

Filed in News by on September 6, 2014

The Office of Personnel Management processed more retirement claims than it received in August, leading to a reduction in the backlog of outstanding claims.

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OPM’s Proposal to Expand FEHB: Is Agency Ignoring Existing Law to Avoid Healthcare Act Penalties?

Filed in News by on August 29, 2014

OPM has proposed to expand FEHB coverage to temporary employees with a full government contribution. The proposal does not address how the agency is able to ignore existing legislation in the new proposal and this issue is being questioned by the ranking member of a Senate committee.

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Postal Service Loses $2 Billion in Q3

Filed in News by on August 11, 2014

The Postal Service has ended the third quarter with a $2 billion loss compared to a net loss of $740 million for the same period last year.

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Retirement Backlog Grows in July

Filed in News by on August 5, 2014

The backlog of retirement claims at the Office of Personnel Management reversed course and actually grew in July over the previous month.

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TSP Rated as Most Valuable Benefit to Federal Employees

Filed in Headline Archives, News by on July 8, 2014

OPM has released the results of the 2013 Federal Employee Benefits Survey. The Thrift Savings Plan (TSP) was rated as one of the top benefits available to federal employees as well as the program with the highest enrollment among the federal workforce.

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