USPS Reports $639 Million Net Loss for Q2 2022
USPS reported a net loss of $639 million on total operating revenue of $19.8 billion for the second quarter of FY 2022.
OPM Retirement Backlog Drops By Nearly 4% in April
The OPM retirement backlog finally reversed course in April and declined for the first time so far in 2022.
Elimination of WEP and GPO Would Be Unfair
The author says that a bill proposing to do away with the WEP and GPO would actually be unfair.
Man Heading to Prison for Stealing His Twin’s Identity to Get Federal Benefits
A Florida man is heading to prison for stealing his twin brother’s identity and using it to obtain federal benefits.
Using a “Big Toe”: How Federal Employees Can Find Balance in Their Retirement Planning
When federal employees’ financial plans get out of balance, it can impair their future retirement years.
TSP Changes That Affect Everyone
A mutual fund window and mobile app are among the changes that are coming to the TSP in early June.
Four Personal Budget Factors Federal Retirees Must Anticipate
Federal retirement budgets will be very different because of taxes, insurance costs, pension deductions for survivor benefits, and Medicare.
2022 Sammies Finalists Announced
The finalists for the 2022 Samuel J. Heyman Service to America medals (Sammies) have been announced in honor of Public Service Recognition Week.
Lawmakers Push for 5.1% 2023 Federal Pay Raise
A group of over 60 House Democrats want a higher 2023 federal pay raise for federal employees than what has been proposed by the White House.
2022 TSP Performance: Worst Start for Stocks Since World War II
The performance of the TSP funds so far in 2022 reflects the worst start for stocks since World War II.
