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OPM

No Written Election by the Retiree Results in No Survivor’s Annuity

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithApril 9, 2020 11:50 AM Categories Court Cases Leave a comment
Judge tapping his wooden gavel on its wooden base over a scattering of cash depicting a lawsuit for damages/compensation

The widow of a deceased federal annuitant cannot collect a survivor’s annuity because her spouse never elected one for her.

OPM Cuts Retirement Backlog by 10% in March

FedSmith.com author Ian SmithBy Ian SmithApril 6, 2020 3:07 PM Categories Retirement Leave a comment
Line graph showing the trend in OPM's retirement backlog from October 2018 to March 2020

Despite the outbreak of the coronavirus, OPM has maintained a good pace of processing retirement claims.

Will the Coronavirus Impact Annuity Payments?

FedSmith.com author Ian SmithBy Ian SmithApril 2, 2020 12:03 PM Categories Retirement Leave a comment

OPM has reassured federal retirees that its retirement services operations will not be disrupted by the coronavirus.

FEVS Delayed Due to Coronavirus

FedSmith.com author Ian SmithBy Ian SmithApril 1, 2020 3:36 PM Categories Human Resources Leave a comment
Laptop computer with an indifferent, sad, and happy smiley emojis in the screen depicting employee job satisfaction ratings

The 2020 Federal Employee Viewpoint Survey will be delayed due to the coronavirus.

Options for Teleworking Federal Employees with Caregiving Needs

FedSmith.com author Ian SmithBy Ian SmithMarch 31, 2020 7:02 AM Categories Human Resources Leave a comment
Young mother conducting telework at her home as she talks on the phone in front of a laptop computer while holding her baby

OPM has provided options for agencies to assist teleworking federal employees who also have caregiving responsibilities.

OPM Confirms Insurance Benefits Processing Will Continue Despite Coronavirus

FedSmith.com author Ian SmithBy Ian SmithMarch 25, 2020 5:05 PM Categories Human Resources Leave a comment
Close up of the top of a document labeled 'health insurance claim form' with a stethoscope and some cash lying on top of it

OPM is reminding federal agencies of their responsibilities to continue benefits processing despite potential disruptions from the coronavirus.

OPM Issues New Coronavirus Guidance

FedSmith.com author Ian SmithBy Ian SmithMarch 7, 2020 2:54 PM Categories Human Resources Leave a comment

OPM has released a new memo with questions and answers addressing pay, leave and telework with regards to the coronavirus.

OPM’s Retirement Backlog Starting to Recover from January Spike

FedSmith.com author Ian SmithBy Ian SmithMarch 5, 2020 2:19 PM Categories Retirement Leave a comment
Line graph showing the progression of OPM's retirement claims backlog from October 2018 to February 2020

Despite a large number of new claims in February, OPM was able to start reducing the retirement backlog after seeing it grow in January.

NTEU is Worried About OPM’s Implementation of Paid Parental Leave

FedSmith.com author Ian SmithBy Ian SmithMarch 3, 2020 12:01 PM Categories Human Resources Leave a comment
Book labeled 'new rules' sitting on a desk surface next to a pen and keyboard

NTEU is worried that OPM is “thwarting legislative intent” of the new paid parental leave law for federal employees.

Rewarding High Performers and Chopping Benefits

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 20, 2020 1:42 PM Categories Human Resources, Pay & Benefits Leave a comment
Money flying away

OPM has released its proposed legislative changes impacting pay and benefits for the federal workforce. Here is a summary.

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Daily TSP Rates

May 20, 2022

Fund Last % YTD
G Fund $16.8715 +0.01% +0.81%
F Fund $19.0127 +0.34% -8.97%
C Fund $59.2382 +0.02% -17.66%
S Fund $63.2517 -0.12% -24.20%
I Fund $33.9360 +0.71% -13.96%
L Income $22.5130 +0.08% -4.14%
L 2025 $11.3194 +0.13% -7.58%
L 2030 $38.8666 +0.17% -10.80%
L 2035 $11.5596 +0.19% -11.91%
L 2040 $43.3398 +0.20% -12.97%
L 2045 $11.7701 +0.21% -13.91%
L 2050 $25.5858 +0.22% -14.78%
L 2055 $12.3294 +0.24% -17.16%
L 2060 $12.3286 +0.24% -17.16%
L 2065 $12.3276 +0.24% -17.17%
Get detailed TSP data at TSPDataCenter.com

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