L 2050 Fund Debuts in TSP
The TSP is unveiling a new fund in its family of Lifecycle funds: the L 2050 fund. The fund is designed for participants who will begin to withdraw their holdings after 2045 and replaces the now obsolete L 2010 fund.
Open Season for Federal Employee Long Term Care Insurance
Open season dates for federal employee long term care insurance have been announced. Also, same sex domestic partners of federal employees will now qualify for coverage and will only be subject to “abbreviated underwriting” for the insurance rather than the more stringent “full underwriting” requirements.
Presidential Memo on Extending Benefits to Same-Sex Domestic Partners of Federal Employees
Presidential Memo on extending benefits to same-sex partners of federal employees and children of same-sex domestic partners that are similar or the same as the benefits for spouses or children of other federal employees.
Long Term Care Insurance: Do Your Homework
Long term care insurance has been a source of frustration for some who did not anticipate a significant increase in premiums last year. If you are considering signing up for this insurance plan, do your homework about the costs and potential benefits.
Transfers and Federal Jobs
Federal employees in the competitive service are free to transfer to other federal jobs without going through the same OPM hiring process. Here are a few things you need to know about transfers and federal jobs.
NTEU Responds to FedSmith Article on TSA Organizing
In a recent article, “Aggressive Union Organizing At Transportation Security Administration: National Security Issues?”, the author addressed concerns about the scope of recognition if NTEU were to win the election. The National NTEU President responded to the article. FedSmith provides her response and brief comments from the Author of the article.
Extending Pay Freeze Until 2015? Spending Reduction Bill Becomes Public
The Spending Reduction bill is now available. Despite the expressed hope of some readers, it does call for an extension of a federal pay freeze for five years. Did the President imply support for a five year freeze?
State of the Union Address: 2011
Text of the State of the Union address delivered on January 25, 2011.
Federal Union Pre-Decisional Bargaining: Is There Any Limit on the Scope?
The Office of Personnel Management and Office of Management and Budget (on dual letterhead, the first the Author has seen) issued guidance to Agency Heads on the operation of labor management Forums and on the administrations expectations concerning the Pre-decisional role of Federal unions in Agency decision making. The Author raises a number of questions including whether this memorandum invites ethics problems for Agencies. You decide.
Why Did My Federal Employee Pay (and Probably Yours) Go Down?
The Author says he wondered why, back during the Reagan administration, his paycheck went down. Here is the answer as to why and how federal pay was reduced and that you may still be receiving less than your nominal annual salary.
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