Postal Service Records $754 Million Loss in Q1
Despite a record number of Christmas season deliveries and an increase in revenue over the same period last year, the Postal Service suffered a $754 million net loss in the first quarter.
A Quick Reminder That Spell Check And Auto-Correct Won’t Catch Every Mistake
The spell-check, auto-correct and voice-recognition programs on your phone, email, word processor and other tools can be useful — but they’re not replacements for a thorough review of your work before you send it out.
Legislation Introduced to Roll Back Increased Pension Contributions
Legislation has been introduced that would lower the pension contribution amounts for new federal employees.
FedSmith.com Users Overwhelmingly Support a 40 Hour Work Week
Results from one of our recent surveys show that the majority of FedSmith.com users are overwhelmingly in favor of having the definition of full time employment remain set at 40 hours per week.
OPM’s Retirement Backlog Surges in January
OPM saw a massive spike in the number of outstanding retirement claims as evidenced by its latest retirement processing status report.
Can I Do an MRA +10 Without a Reduced Benefit?
I am looking to do MRA +10. Can I do it without a reduced benefit and keep my health insurance benefits?
Night Differential During Training and Travel
I am a night shift employee. If I go away for training out of state and I am there for a week or two and my training class is in the day does this apply?
I Forgot About It – That’s Why I Deserve an Extension
A federal retiree acknowledged receiving the notice from Office of Personnel Management about the strict deadline for appealing an annuity decision, but said he should have received an extension because he put it aside and forgot about it. See how the court reacts in Schumacher v. Office of Personnel Management (CAFC No. 2014-3110 (nonprecedential), 9/15/14).
Most TSP Funds Down in January
Most of the TSP funds were down in January with the C fund leading the trend with a negative return of -2.99%. Should investors be worried?
An Investment That ‘Can’t Lose Money’
A financial planner we met with was interested in moving a chunk of our TSP investment into an investment that “can’t lose money.” What are your thoughts on this?
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