How did your TSP investments perform last month? See the latest monthly TSP performance at TSPDataCenter.com.
According to the Bureau of Economic Analysis (an organization within the Department of Commerce), the average federal employee now makes $79,197, not including benefits. And, when benefits are added in, the average federal employee compensation averaged $119,982 based on 2008 figures.
Why do so many agencies make upper management responsible for the contents and accuracy of letters of reprimand? the author says that this policy undermines a supervisors’ authority to lead.
The plain language of the proposed order requires Agencies to “allow employees and their union representatives pre-decisional involvement in all workplace matters”. This provision has some fairly staggering consequences if implemented. Pay very careful attention if you’re in operational management.
Lifecycle funds are growing in popularity for TSP investors. At the end of July, more than 606,000 TSP investors had money in an L fund. But investors are not putting all of their assets in one location. The number of participants with their entire TSP balance in one L fund is surprisingly small.
A draft of the proposed Executive Order on the administration’s vision of Federal labor relations has surfaced. There is a striking similarity to President Clinton’s E.O. 12871. There are also striking differences. The Author offers a side by side comparison and looks at how this new Order might play out.
There have been several Federal Register notices, proposed rule extensions, numerous comments from interested parties, and probably much wringing of hands within OPM on a proposal to eliminate time in grade restrictions. The final result: No changes.
The political debate in America on health care and the role of government in our economy is intensifying. What is your view? How has this issue been handled by the major parties and the White House?
What will your 2010 pay rate be in actual dollars and cents? That depends in large part on the final action by Congress and the President.
The federal debt is increasing rapidly. America’s creditors are nervous about getting their money back and the potential impact of inflation. The Treasury Department is trying to reassure investors as the government prepares to borrow another $406 billion in the next quarter. Federal employees have an investment alternative not available to the general public.
What will you do when you retire? Many people travel to places they have always wanted to visit. Author Steve Oppermann is one of these retirees. He travels around the world, when not conducting human resources seminars for federal agencies.
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