Tag: Current Events
The Federal Retirement Thrift Investment Board, the group that oversees the Thrift Savings Plan, has given the green light to begin the process of adding mutual funds as an investment option to the TSP.
Contrary to popular opinion, employment in the Federal sector has grown since it hit its low in October 2014, albeit at a much smaller rate. The author provides some details on the federal employment situation and looks at a state by state breakdown of federal employment trends.
The author says that over the last few years it seems the pride of public service has come under strain from changes to internal processes. He analyzes why he thinks this is the case as well as points out some reasons federal workers have to be optimistic despite the apparently lower morale.
Katherine Archuleta is resigning as OPM director in the wake of the recent data breaches that hit the agency’s computer systems according to a White House official.
The Office of Personnel Management just released more information on the data breaches that hit its computer systems, and the number of victims is now up to over 25 million. If you’re feeling confused about what is going on, you’re not alone. Here are some of the key points based on the latest available information that federal workers should be aware of.
The author, who is a financial advisor who works with federal employees, discusses the data breaches at OPM and offers some steps federal workers can take to protect themselves from potential identity theft problems that could arise.