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What Change to the Civil Service System Is Really Needed?

By Timothy J. ClarkMay 18, 2011 8:17 AM Categories Human Resources Leave a comment

The greatest barrier in providing quality service can be working within a bureaucratic system that rewards mediocrity, avoids accountability, is susceptible to corruption, minimizes risk, encourages avoidance, rewards employees who serenely accept the status quo and discourages those with a desire for providing better service at less cost.

A Blueprint for Civil Service Revival

By Bob GilsonMay 17, 2011 9:31 PM Categories Federal Workforce News, Human Resources Leave a comment

The author examines the failure of the 1978 civil service reform statute in labor relations and human resources generally and suggests a plan to encourage responsive Agency management, integrity and a restoration of merit to the civil service system while continuing to permit employees to be represented on working conditions.

Postal Service Facing Default on Future Retiree Health Benefits Payments

FedSmith.com author Ian SmithBy Ian SmithMay 17, 2011 3:34 PM Categories Federal Workforce News Leave a comment

Postmaster General Patrick Donahoe testified before a Senate subcommittee on May 17 that in its current financial state, the Post Office does not have the funds necessary to make a $5.5 billion pre-payment for retiree benefits due later this year.

Debt Ceiling Reached But Sky Isn’t Falling on Thrift Savings Plan Investors

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 17, 2011 8:27 AM Categories Pay & Benefits Leave a comment

With the United States hitting the debt ceiling, can you still withdraw your money from your Thrift Savings Plan? Here is the answer from a TSP official.

Proposed Bill Would Give Edge to Jobs for Federal Employees

By FedSmith.comMay 16, 2011 7:33 PM Categories Federal Workforce News Leave a comment

U.S. Senator Barbara A. Mikulski (D-MD) has introduced the Correction of Longstanding Errors in Agencies Unsustainable Procurements (CLEAN UP) Act,legislation that aims to reduce waste, fraud and abuse in the federal contracting out process and give preference to federal employees for performing work.

We Gotta Get Out of This Place

FedSmith.com author Ann WertsBy Ann WertsMay 16, 2011 4:39 PM Categories Human Resources Leave a comment

The author poses the question, with all the noise around shrinking government and making federal employees out to be the “bad” guys, what would the real effects of some of the current proposals be?

Processing Time for Calculating Annuities is Getting Worse: Is it OPM’s Increasing Workload?

By Robert F. BensonMay 16, 2011 7:21 AM Categories Retirement Leave a comment

Over the years, OPM (Office of Personnel Management) processing time for calculating annuities for new retirees has gotten progressively worse. Is it the increasing workload that is causing the problem? Here are the statistics.

FedSmith.com Readers Talk about Why They Work for the Government

FedSmith.com author Ian SmithBy Ian SmithMay 14, 2011 5:43 PM Categories Federal Workforce News Leave a comment

We recently asked FedSmith.com readers why they work for the federal government and received a wide variety of answers.

Religious Beliefs Not Automatic Days off for Fed Employees, Court Says

FedSmith.com author Mathew B. Tully, Esq.By Mathew B. Tully, Esq.May 13, 2011 7:35 AM Categories Court Cases Leave a comment

A recent ruling by the U.S. Court of Appeals for the 8th Circuit is providing a reminder to federal employees that protections for religious beliefs do not automatically translate into a right to skip work.

Rep. Chaffetz to Congress: Pay your Taxes

By FedSmith.comMay 12, 2011 4:33 PM Categories Federal Workforce News Leave a comment

Rep. Jason Chaffetz (R-UT) has introduced the Members of Congress Tax Accountability Act. It would require Members of Congress to disclose their delinquent tax liability, would require an ethics inquiry into that delinquency, and would garnish the wages of a Member with a delinquent federal tax liability.

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Daily TSP Performance

May 4, 2026

Fund Last % YTD
G Fund $19.8731 +0.04% +1.46%
F Fund $20.8728 -0.32% -0.04%
C Fund $115.6318 -0.40% +5.59%
S Fund $109.1196 -0.34% +8.68%
I Fund $61.3781 -0.28% +10.61%
L Income $30.1723 -0.09% +3.18%
L 2030 $60.9371 -0.20% +4.89%
L 2035 $18.6651 -0.24% +5.58%
L 2040 $71.8065 -0.27% +5.93%
L 2045 $19.9260 -0.29% +6.24%
L 2050 $44.2732 -0.31% +6.55%
L 2055 $23.0836 -0.35% +7.72%
L 2060 $23.0808 -0.35% +7.72%
L 2065 $23.0779 -0.35% +7.72%
L 2070 $13.6778 -0.35% +7.72%
L 2075 $11.9476 -0.35% +7.72%
Get detailed TSP data at TSPDataCenter.com

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