Proposed Bill Would Give Federal Employees a 3.3% Raise
Federal workers would get a 3.3% pay increase under legislation proposed today by Rep. Gerry Connolly (D-VA).
Congressmen Want to See Updated Official Time Report from OPM
Two Congressmen recently sent a letter to Katherine Archuleta, the director of the Office of Personnel Management (OPM), asking for a current official time report to show how many hours federal workers spent on union business.
What Does the Merit Systems Protection Board Have in Common with Federal Health Care Enrollment?
A balky website for filing appeals with the MSPB is turned aside as an excuse for missing the filing deadline by both the Board and the appeals court. The employee is therefore out of luck in trying to challenge her removal.
Self Plus One Health Insurance Effective January 1, 2016
The self plus one enrollment option for federal employee health insurance will be available for enrollment on November 9, 2015. Copy of the OPM letter is contained in the article.
Managing Leave and Attendance Problems
Leave abuse and attendance problems can harm an organization. The author says that these problems mostly lie with management and offers some suggestions for how to deal with the problem. He also analyzes the history of some related MSPB cases for precedent on leave issues.
TSP Considers Adding New Investments to Lifecycle Funds
Total assets in the TSP now exceed $400 billion. Also, consideration is being given to changing the investments for the lifecycle funds to include new types of assets such as emerging market stocks.
Involving Employees in Work Related Decisions
Knowledge workers are not interchangeable. Using their expertise to make decisions can create a more effective organization. The author offers suggestions for treating these employees as an asset.
For New Retirees: More Money in the Interim Payment
When Federal employees retire, they start getting “interim” payments, almost immediately. These payments are approximately 60% of the final, fully annuity. For FERS employees under age 62, there is also an annuity supplement of hundreds of dollars. The author offers details on these annuity payments.
The Impact of Life Expectancy on Social Security
The author says that increasing life expectancies in America creates two financial burdens for Social Security and offers some detail on what this means.
TSP’s Roth vs. Traditional Roth IRA: Advice From an Expert
Should you invest in the Roth option within the Thrift Savings Plan or do a traditional Roth IRA? One financial advisor offers his advice to a member of the Air Force on what he believes is the best choice.
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