C Fund Up 11% in 2012
All of the TSP funds have a positive return for the year and most were up in July as well. The G fund hit an all-time low rate of return in June.
Socially Responsible Investing Through the TSP and Your Retirement Security
Would a “socially responsible” investment option in the TSP improve your financial future?
Legislation Targets Tax Delinquent Federal Workers; What About Congress?
Since we publicized the House vote on the Federal Employee Tax Accountability Act, we have received numerous questions from FedSmith.com users who wanted to know if the legislation would also apply to members of Congress. Here are some answers.
House Votes to Fire Tax Delinquent Federal Workers
The House voted Tuesday to approve the Federal Employee Tax Accountability Act, legislation which takes aim at the nearly 100,000 federal workers who collectively owed about $1 billion in back taxes in FY 2009.
Government Avoids Pre-Election Day Shutdown
Senate Majority Leader Harry Reid (D-NV) has announced that an agreement has been reached to ensure there won’t be a shutdown before the November elections.
Aligning Agencies’ Customer Service with the Private Sector
Senators Mark Warner (D-VA) and Ron Johnson (R-WI) have introduced legislation to establish, monitor and improve customer service delivery across federal agencies.
No Constitutional Tort Suit Against Former DoD Secretary Rumsfeld
A U.S. citizen claiming to have been victimized by extraordinary detention and interrogation in Iraq will not be able to sue the former Defense Secretary personally for violation of his constitutional rights according to this recent appeals court decision.
USPS Will Not Make Upcoming Mandated Retiree Health Benefits Payments
The US Postal Service said in a statement released today that it will not make mandated upcoming prefunded payments to the Treasury, but that the action will not affect its day-to-day operations.
GAO: DoD Needs to Remember the Human Aspect of Workforce Cuts
A recent GAO report highlights challenges the Department of Defense will face in any attempts to downsize its civilian workforce and urges agency decision makers to maintain the right number of civilian employees with the right skills.
The First Commandment of Performance Appraisal
The author discusses performance standards and what he believes is a fundamental law of performance evaluations and the most common reason appraisals have failed in the past.
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