The Cost of the Proposed Benefits Cuts
The author says that recent proposals will end up reducing federal employees’ benefits by more than the value of the TSP’s F, S and I Funds combined.
The author says that recent proposals will end up reducing federal employees’ benefits by more than the value of the TSP’s F, S and I Funds combined.
At a town hall discussion held this week, OPM director Jeff Pon hinted that there may be major changes in store for federal employee compensation.
One Congressman is unhappy with OPM’s proposals to reduce federal employees’ benefits and has expressed his dissent in a letter to the agency.
In his Public Service Recognition Week proclamation, President Trump stressed the importance of implementing the President’s Management Agenda.
OPM made a slight improvement to the outstanding retirement backlog in April to bring the total below 18,000.
Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.
OPM has issued a new rule which it says will increase the number of FEHB plan options and potentially help lower costs.
A recent IG report said OPM needs a contingency plan for the FLTCIP. OPM says that is much ado about nothing.
OPM has issued final regulations about new weather/safety leave policies which will be of particular interest to federal employees who telework.
OPM has announced the timeline for when the 2018 Federal Employee Viewpoint Survey will be administered.