IRS Income Data a Poor Measure of Inequality
A new report from the Tax Foundation says that using IRS income data to measure overall financial health is a mistake.
Author: Ian Smith
TSP Participation Hits Record High
The percentage of participants who are contributing to the Thrift Savings Plan (TSP) hit a record high in July 2014.
EEO Complainant Awards Up in 2012
According to a new report from the EEOC, the amount of money awarded to complainants who filed EEO appeals was up 18.2% in FY 2012 over the previous fiscal year.
Study: Half of Americans Not Prepared for Retirement
A new study from the Federal Reserve shows that half of Americans surveyed have either given “a little” or no thought at all to preparing for their retirement.
Per Diem Rates Unchanged for 2015
The General Services Administration has announced per diem rates for FY 2015 with the standard rates remaining unchanged from last year.
Half of Senate Makes Request to Block Postal Facility Closures
50 Senators sent a letter to members of the Senate Appropriations Committee requesting that any future legislation prevent the Postal Service from closing or consolidating any more mail processing facilities in FY 2015.
How Many Federal Employees Are Leaving Government Service?
A new report from the Partnership for Public Service shows that more than 114,000 people left the federal government in 2013, mostly through retirements.
House Committee Recommends Big Changes for the IRS
A new report from the House Committee on Oversight and Government Reform is recommending drastic changes for the Internal Revenue Service as part of its ongoing investigation into targeting of groups for political reasons.
Phased Retirement and the TSP
The Thrift Savings Plan has issued some guidelines for federal employees who fall under the new phased retirement status to be aware of as they transition into the new phased retirement program.
Postal Service Loses $2 Billion in Q3
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.
