How did your TSP investments perform last month? See the latest monthly TSP performance at TSPDataCenter.com.
According to recent data from the EBRI’s annual Retirement Confidence Survey, many workers do not have the confidence that they will have enough money to retire. When you consider the average savings rate being reported, it’s easy to see why.
OPM’s retirement processing report for August shows a slight increase in the actual number of claims received and a continued slow but steady reduction in the total backlog of claims.
All of the TSP funds had a positive return in August with the C fund showing a YTD return of 13.61%.
The author says that the design of a performance management system is the responsibility of the system owners, and ultimately, so are the results. A poorly designed system can lead to angry and dissatisfied employees, especially as it relates to pay for performance.
The author outlines ten things you can do now to make the most of your federal benefits.
Two recent Hatch Act violations serve as a reminder to federal employees about risks to their jobs during an election season. Some federal employees are even subject to violations outside of the office.
The Republican Party platform that was adopted Tuesday at the Republican National Convention in Tampa would cut the size of the federal workforce and adjust federal pay and benefits to “reflect those of the private sector.”
In a landmark case (Berry v. Conyers), the Federal Circuit Court of Appeals tells Agencies that if an employee no longer is able to hold a “sensitive” position, the removal is not subject to “Adverse Action” rules or appealable to MSPB. While the principle is not new, the Court decision begs the question of why Agencies don’t use this flexibility more often.
The federal government is getting better at hiring individuals with disabilities, but the author says that based on his experience, there is room for improvement.
Will the Bush era tax cuts be extended by Congress? Nobody knows, but regardless of what Congress does, the authors offer steps one can consider taking before year end to improve your personal finances.
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