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Month: February 2018

IRS Still Giving Bonuses to Employees with Tax Compliance and Conduct Problems

FedSmith.com author Ian SmithBy Ian SmithFeb 16, 2018 10:14 AM Categories Agency News Leave a comment
Stack of bills on a desk marked 'final notice' and 'past due' with a calculator, glasses and pen

A new IG report finds that despite some improvements, the IRS is still paying bonuses to employees with tax compliance and workplace conduct issues.

5 Things a Widow or Widower Would Tell You About FERS Survivor Benefits + A Common Question

By Kelly MonroeFeb 15, 2018 3:53 PM | Updated: Feb 24, 2018 4:37 PM Categories Pay & Benefits, Retirement Leave a comment
Illustration showing three survivor benefit options depicted by a lifeguard's life ring: full, partial (half life ring) and waive (no life ring pictured)

How much does your spouse receive from your FERS pension if you pass away? That depends on the survivor benefit option you choose.

White House Proposals For Civil Service Reform: What They Got Right

By Jeff NealFeb 15, 2018 12:18 PM Categories Pay & Benefits, Human Resources Leave a comment

The White House’s 2019 budget blueprint offered many proposals for civil service reform. The author provides an analysis of which ones he says are correct.

IG: VA Secretary Misused Government Resources on Overseas Trip

FedSmith.com author Ian SmithBy Ian SmithFeb 14, 2018 3:53 PM Categories Agency News Leave a comment

A VA Inspector General’s report found an overseas trip taken by the agency Secretary to have fun afoul of ethics regulations.

What Impact Does Sick Leave Have on the FERS Annuity Computation?

FedSmith.com author John GrobeBy John GrobeFeb 14, 2018 1:57 PM | Updated: Feb 22, 2018 8:14 AM Categories Q&A, Retirement Leave a comment
Close up young woman's hands using a calculator at a desk to make financial calculations while taking notes on a notepad

Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?

When Could Your Use of Social Media Violate the Hatch Act?

FedSmith.com author Ian SmithBy Ian SmithFeb 14, 2018 10:51 AM | Updated: Nov 2, 2019 8:20 PM Categories Human Resources Leave a comment

The Office of Special Counsel has issued new guidelines to help federal employees understand how to stay within Hatch Act guidelines when using social media.

Postal Reform Needed to Avoid a ‘Taxpayer Funded Bailout’

FedSmith.com author Ian SmithBy Ian SmithFeb 13, 2018 5:16 PM Categories Agency News, Pay & Benefits Leave a comment

The White House’s 2019 budget proposal addresses the ailing financial condition of the Postal Service, saying that reforms are necessary going forward.

Shrinking Supplemental Annuity Payments: Response from OPM

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 13, 2018 4:24 PM | Updated: Feb 19, 2018 2:01 PM Categories Q&A, Retirement Leave a comment

Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.

Legislation Introduced to ‘SCRAP’ Certain Lifetime Congressional Benefits

FedSmith.com author Ian SmithBy Ian SmithFeb 13, 2018 11:34 AM Categories Pay & Benefits Leave a comment

Two Congressmen want to see some of the lifetime benefits given to lawmakers taken away and have introduced a bill to do just that.

The Rumor was True: FY 2019 Budget Proposes Pay Freeze

FedSmith.com author Ian SmithBy Ian SmithFeb 12, 2018 5:18 PM | Updated: Feb 17, 2018 5:20 PM Categories Pay & Benefits Leave a comment
US dollars frozen in a block of ice depicting a pay freeze

Rumors that surfaced last year about a pay freeze in the White House’s budget proposal turned out to be true.

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April 21, 2026

Fund Last % YTD
G Fund $19.8418 +0.01% +1.30%
F Fund $21.0016 -0.31% +0.57%
C Fund $113.4140 -0.63% +3.56%
S Fund $108.8549 -0.80% +8.41%
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L Income $30.0457 -0.26% +2.74%
L 2030 $60.4983 -0.51% +4.13%
L 2035 $18.5104 -0.60% +4.70%
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L 2045 $19.7386 -0.70% +5.24%
L 2050 $43.8323 -0.75% +5.49%
L 2055 $22.7995 -0.88% +6.39%
L 2060 $22.7968 -0.88% +6.39%
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L 2075 $11.8007 -0.88% +6.39%
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