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Lawmakers to unveil leave investment bill for TSP 03/15/10

Bipartisan measure would allow employees to deposit the cash value of leftover annual leave in retirement savings accounts.

Rep. Stephen Lynch, D-Mass., will sponsor the legislation.
[J. Scott Applewhite/AP]

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• GAO upholds Afghan training contract protest 03/15/10 DynCorp International argues that the Army's new proposed task orders were outside the scope of the underlying multiple awards contract.
• Agencies' progress meeting FOIA transparency mandate mixed 03/15/10 Research institute finds more pressure and leadership from the administration are needed to make significant changes.

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QUOTE | UNQUOTE

"It's another benefit that will help to enhance retirement savings for federal workers without costing taxpayers a dime."

IFPTE Legislative Director Matt Biggs, lauding a bipartisan proposal that would allow civil servants to invest unused annual leave in their TSP accounts.

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