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FAA Reveals What Led to Massive System Wide Outage

January 13, 2023 6:44 PM Tags FAA Leave a comment

The Federal Aviation Administration’s system-wide outage that led to mass flight delays and cancellations on Wednesday was the result of the actions of personnel who the agency said had “failed to follow procedures.”

Legislation Reintroduced to Slash Telework Flexibilities for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJanuary 13, 2023 9:20 AM Categories Human Resources Leave a comment
Image showing a telework setup with a laptop and stack of paperwork on a coffee table in front of a sofa

Legislation has been introduced to prevent the Biden administration from making pandemic era telework policies permanent.

2024 COLA? 2022 Inflation 6.5%, COLA 8.7%, Average Raise 4.6%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 12, 2023 10:00 AM Categories Federal Employee Retirement Leave a comment
December 2022 inflation rate 6.5% 2022 inflation over the last 12 months as of December 2022 and its impact on everyday items: Food at home, electricity, shelter, new cars, gas

The 2022 inflation rate was 6.5% at the end of the year. The COLA for 2023 was 8.7%. What is likely to happen with the 2024 COLA?

Waste in FEHB Program Could Be Costing $1 Billion Annually

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 19, 2023 11:07 AM Categories Federal Employee Pay News Leave a comment
Image of cash going down a drain

A new GAO report says that payments made to ineligible family members under FEHB could be costing OPM as much as $1 billion every year.

The 3 Critical Stages of Retirement

FedSmith.com author Thiago GliegerBy Thiago GliegerJanuary 11, 2023 11:44 AM Categories Federal Employee Retirement Leave a comment

It is important to understand each of the three main stages of retirement in order to make it a success.

DoD Officially Drops COVID Vaccine Mandate for Military

FedSmith.com author Ian SmithBy Ian SmithJanuary 11, 2023 9:05 AM Categories Current Events Leave a comment
Close up of a row of bottles of COVID-19 vaccines

The Pentagon has formally rescinded the military COVID vaccination requirement as part of the 2023 NDAA.

FAA Computer Outage Causes Thousands of Delays, Cancellations

January 11, 2023 7:39 AM Tags FAA Leave a comment

The Federal Aviation Administration suffered a nationwide technical outage and ordered airlines to pause all domestic departures until 9 a.m. ET Wednesday morning.

The Holman Rule: Striking Fear in the Federal Bureaucracy

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 10, 2023 10:34 AM Categories Current Events Leave a comment
Portrait of Congressman William Holman (D-IN)

The Holman Rule allows cutting specific government programs or even specific federal employees. Here is how it has been used and why it has resurfaced.

TSP Releases January 2023 Processing Schedule

FedSmith.com author Ian SmithBy Ian SmithJanuary 10, 2023 6:15 AM Categories Federal Employee Retirement Leave a comment

The TSP has released its January 2023 processing schedule with information about tax distribution forms.

Consulting Outside Family Members on Pending Adverse Action Considered “Ex Parte” Communication

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithJanuary 9, 2023 1:43 PM Categories Court Cases Leave a comment

When an Air Force official testified at arbitration that he had consulted two family members about the fired employee’s defense, he threw a wrinkle into the agency’s case.

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Daily TSP Rates

January 26, 2023

Fund Last % YTD
G Fund $17.2841 +0.01% +0.28%
F Fund $18.7937 -0.23% +3.22%
C Fund $62.3466 +1.11% +5.84%
S Fund $67.0875 +1.05% +9.03%
I Fund $36.9121 +0.11% +8.75%
L Income $23.3385 +0.18% +2.13%
L 2025 $11.7801 +0.28% +3.12%
L 2030 $40.8907 +0.44% +4.65%
L 2035 $12.1835 +0.48% +5.09%
L 2040 $45.7646 +0.52% +5.51%
L 2045 $12.4458 +0.56% +5.89%
L 2050 $27.0971 +0.60% +6.24%
L 2055 $13.1536 +0.74% +7.26%
L 2060 $13.1524 +0.74% +7.26%
L 2065 $13.1510 +0.74% +7.27%
Get detailed TSP data at TSPDataCenter.com

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