OPM’s Retirement Backlog Creeps Higher in March
The backlog of outstanding retirement claims at OPM hit a new six year high last month.
Ian Smith
WEP Reform Legislation Reintroduced
Legislation has been reintroduced to boost the retirement benefits of some federal retirees.
Federal Employees Will Have Better Insurance Protections in the Event of a Government Shutdown
OPM has issued a final rule to strengthen certain benefits protections for federal employees in the event of a government shutdown.
Soaring Stock Market Means More TSP Millionaires (84,808)
The rising stock market has rewarded TSP investors (including millionaires) who have stayed invested for the long term.
Stimulus Payments Coming Soon for Some Non-Filer Federal Beneficiaries
Some federal beneficiaries who do not file recent tax returns will be getting their COVID stimulus payments from the IRS soon.
Contractor Indicted for Stealing Over $1 Million from the Postal Service
A federal contractor has been indicted for allegedly stealing over $1 million from the Postal Service via a 3+ year scheme.
Federal Employees Asked to Help with Influx of Migrant Children
Federal employees are being asked to volunteer for a temporary detail to help with the care and placement of unaccompanied children seeking refuge in the United States.
Postal Service Releases 10 Year Restructuring Plan
The Postal Service has released a proposed 10-year strategic plan that would slow current first-class delivery standards and raise some prices to stem $160 billion in forecasted red ink over the next decade.
Bill Would Rescind New Emergency Paid Leave Benefit
New legislation has been introduced to rescind some of the spending provisions in the new COVID-19 stimulus bill.
Formal Guidance Expected Soon on Emergency Paid Leave Benefit
A Postal Service memo says that OPM will be issuing guidance soon on the new COVID-19 emergency leave benefit for federal employees.