Senators Richard Burr (R-NC) and Tom Coburn (R-OK) have introduced the Public-Private Employee Retirement Act of 2011 which would end the defined benefit pension portion of the Federal Employee Retirement System (FERS) for new federal government hires starting in 2013. Current federal employees would not be affected, but it would apply to members of Congress.
The Fiscal Commission was a bipartisan group created by President Obama to look for ways to reduce the growing federal deficit. A bipartisan group of Senators appears to be working on its own debt reduction plan and cites the Fiscal Commission as its plan’s basis.
When is the best day to retire? It depends. Here are a couple of examples and how it may impact your finances.
As the battle for making government budget spending cuts continues, new proposals continue to be put forth. 3 Congressmen have introduced the Welfare Reform Act of 2011, a bill designed to make welfare programs more efficient.
A Republican sponsored bill recently passed in the House that would cut off federal funds for National Public Radio (NPR). In response to this bill, Congressman Jim McGovern (D-MA) introduced two amendments: one would cut off federal ad spending on Fox News and the other would direct a GAO study of how ad money is spent.
In a 1997 Clinton Administration report performed by the DOI, approximately 3.3 million acres of land were deemed suitable for sale to private entities. This proposed bill would enable the sale of this land.
Are you finding time to take on the big-picture projects that really matter to you and your team? Or are you spending your entire workday reacting? If you consistently find the day getting away from you, try the tips in this free time-management ebook.
The Merit Systems Protection Board (MSPB) continues to order significant penalties for federal employees who violate the Hatch Act. In the most recent Hatch Act decision, the MSPB upheld the decision of an administrative law judge, which ordered an employee removed from his federal employment.
Executive Orders about Federal employees rarely get much media coverage. In his first year, the president issued an executive order that broadened the involvement of Federal employee unions in agencies. While the events in Wisconsin point out concerns about public employee union power, the Administration has required Agencies to involve Federal employee unions in virtually all government decisions.
A former NASA executive lost his appeal of criminal convictions stemming from his role in allocating a $15 million congressional earmark when he was serving as Associate Administrator.
