TVA Pays Record Amounts To Top Executives

on November 17, 2019 in Agency News with 0 Comments

The Tennessee Valley Authority paid its new CEO, a former federal employee at the U.S. Nuclear Regulatory Commission, total compensation of $8.12 million in his first six months on the job according to regulatory filings from the federal utility.

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80% Disparity for Fed Benefits Says Report

By on November 15, 2019 in Pay & Benefits with 0 Comments
80% Disparity for Fed Benefits Says Report

A report describing an 80% advantage in compensation for federal workers has received little notice. Here is a summary.

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Harassment, Culture of Fear Flourished at AFGE, Staff Say

on November 15, 2019 in Current Events with 0 Comments

Current and former AFGE employees are questioning whether an investigation by the union into into sexual harassment allegations that took place there will dig deep enough.

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Postal Service Net Losses Widen by Over 100% in FY 2019

By on November 14, 2019 in Agency News with 0 Comments
Postal Service Net Losses Widen by Over 100% in FY 2019

The net losses at the Postal Service went up considerably in 2019, although there were some bright spots in its financial results.

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USPS IG Reveals How Manager Stole $630k Worth of Stamps

on November 14, 2019 in Agency News with 0 Comments

After Postal Service officials discovered that the manager of a Louisiana post office had stolen more than $630,000 worth of stamps and concealed the theft, supervisors wanted to know how it was done. The agency's Inspector General has provided details.

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FRTIB Moving Forward with I Fund Change

By on November 14, 2019 in Pay & Benefits with 0 Comments
FRTIB Moving Forward with I Fund Change

Despite political pressure to do otherwise, the FRTIB is moving forward with a change to the I Fund that will add more investments in Chinese companies.

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Former VA Employee Charged with Health Care Fraud

By on November 13, 2019 in Court Cases with 0 Comments
Former VA Employee Charged with Health Care Fraud

A former VA employee, his daughter and ex-wife are facing charges of health care fraud in excess of $300,000.

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Does Political Drama in Washington Impact Your Federal Retirement?

By on November 13, 2019 in Retirement with 0 Comments
Does Political Drama in Washington Impact Your Federal Retirement?

Political drama can cause shifts in the stock market. Should this cause federal employees to worry about their retirement savings?

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Inflation and its Impact on your Federal Retirement

By on November 13, 2019 in Retirement with 0 Comments
Inflation and its Impact on your Federal Retirement

Federal retirees receive COLAs on their annuities to help offset inflation, but are there any similar options with your TSP account?

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Why the F Fund is the Rodney Dangerfield of the TSP

By on November 12, 2019 in Retirement with 0 Comments
Why the F Fund is the Rodney Dangerfield of the TSP

The F Fund is an often forgotten investment option in the TSP. The author describes how it might fit into your portfolio.

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