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The Federal Retirement Thrift Investment Board has announced that it has selected BlackRock Institutional Trust Company as the investment manager for the F Fund.
While the stock market was volatile last month, those that remained invested in the TSP stock funds came out ahead for the month and are ahead substantially in 2012.
Republican leaders released a counter-proposal with their suggested solution to the notorious “fiscal cliff.” Their recommendation is to use the plan put forth by the Deficit Commission two years ago, one which outlined a number of spending cut proposals, including some that would have an impact on the federal workforce.
Any reading of OPM Chief Berry’s memo to Agency Heads on telework points out the weaknesses of Uncle Sam’s current scheme for consistent policies affecting employees. The author says that Berry doesn’t get that consistency throughout government on a working conditions issue is merely a dream on his part.
Congressman Barney Frank and Congressman Mike Capuano have introduced legislation which would merge the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
The author says that the idea of locality pay works well on paper, but in practice it has become convoluted after its planners began worrying about congressional support and the locality areas were expanded in size.
AFGE sent a letter to Senators asking for support of an amendment by Senator Ben Cardin (D-MD) that would prevent cuts to the Department of Defense’s civilian workforce.
Following the vote on Nov. 9 by Transportation Security Administration workers to ratify the first-ever collective bargaining agreement at the agency, the American Federation of Government Employees and TSA on Nov. 30 will officially sign the agreement, which goes into effect Dec. 9.
In a memo released this week to heads of executive departments and agencies, OPM director John Berry urged agencies to work towards having a more comprehensive telework policy that utilizes OPM’s recently updated inclement weather policy.
William R. Dougan, National President of the National Federation of Federal Employees had some harsh words for Senator Bob Corker’s fiscal cliff plan.
