Congressman Seeks to Freeze Federal Hiring
Rep. Tom Marino (R-PA) has introduced legislation that would freeze federal hiring for most agencies until the federal deficit is eliminated.
Author: Ralph R. Smith
TSP Funds Up (Along With Gas and Gold) While the Dollar Declines
TSP funds were all up in April and the leading stock market indices are now up for eight months in a row. Why is gas going up, the value of gold going up, and the official inflation rate staying low? What are TSP investors doing with their money during this period of uncertainty?
What Happens to Your TSP Funds If the Debt Limit is Not Raised?
The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?
No Proposed Change to Federal Retirement, Pay Systems in Budget Proposal
The latest budget proposal from the administration does not adopt many of the recommendations from the deficit reduction commission and does not propose substantial changes to the federal retirement system. Here are some of the changes proposed to save money by the federal government that will impact some in the federal community–including one agency where the agency would initiate a buyout of jobs no longer needed.
Rep. Bishop Introduces Legislation to Enhance Border Security
Rep Rob Bishop (R-UT) introduced the National Security and Federal Lands Protection act. The legislation aims to close security gaps on federal lands along the nation’s borders.
Deficit Reduction Commission Proposals Are Still Around: What Will It Mean for Your Pay and Benefits?
The deficit reduction commission made a number of proposals late last year, including some that would impact federal pay and benefits. President Obama has not endorsed the recommendations. That may be about to change. Here is a summary of proposals from this commission that would impact the federal workforce and retirement programs.
Bill Would Expand Probationary Period for Federal Employees
The probationary period for federal employees is frequently not used by managers even though it is intended to be part of the initial hiring process. A new bill has been introduced to extend the federal government’s probationary period for new employees.
After the Shutdown: Will Federal Employees Get Paid?
The threat of a shutdown is looming as many readers know. According to Jim Moran (D-VA), federal employees are unlikely to get paid after the shutdown is over.
Protecting Military Pay in the Event of a Shutdown
Congressman Jack Kingston (R-GA) and Congressman Louie Gohmert (R-TX) have introduced legislation that would ensure military service members continue to get paid in the event of a government shutdown.
No Pay Raises for DoD Employees With Unsatisfactory Ratings Under Proposed Legislation
A bill introduced this week would prohibit Dept. of Defense employees who receive an unsatisfactory rating from receiving a salary increase.
