News Briefs

February 13, 1997
THE DAILY FED

News Briefs

The following news summaries are from OPM AM, the daily newsletter of the Office of Personnel Management. OPM AM is available on OPM Mainstreet, the agency's electronic bulletin board, at 202-606-4800.


THE FEDERAL DIARY--"Government workers whose optional retirement nest egg is in the C-fund (stocks) of their tax-deferred thrift savings plan earned an impressive 6.22 percent last month. By comparison, the G-fund (Treasury securities) return was 0.56 percent in January and the F-fund (bond index) return for January was 0.3 percent" (The Washington Post).

HISPANICS--"The 1995 OPM report 'Hispanic Americans in the Federal Government, A Statistical Profile' states that 60 percent of Hispanics in the federal civilian work force occupy professional, administrative, or technical positions in the General Schedule and related pay plans" (Hispanic Business, February).

TECHNOLOGY--"After nearly a decade of development and design work, OPM is scrapping its plans for fully automating the Federal Employee Retirement System. OPM officials will hire a consultant to help them draw up a new blueprint for an alternative to the FERS Automated Processing System (FAPS)" (Government Computer News, February 10)...A consortium of 25 agencies has put more than 500,000 federal workers in touch with their payroll and personnel information through Employee Express (Government Computer News, February 10).

CONSULT WITH CONGRESS--"Before finalizing strategic plans for implementing the Government Performance and Results Act, agencies should sit down with members of Congress and with stakeholders to make sure their efforts are in line with what Congress expects, according to Carl D. DeMaio, director of planning and training at the Congressional Institute, Washington" (FEND's Government Performance Report, February 10).

AROUND GOVERNMENT--"The government faces problems in managing defense programs, collecting taxes, designing computer projects, controlling fraud and waste in benefit programs, minimizing loan program losses and managing contracts at civilian agencies the GAO reported" (The Washington Post)...GAO slams Pentagon management labeling them, "among the worst in the government" (The Washington Post)...The Hatch Act may once again complicate the candidacy of a would-be D.C. Council member (The Washington Post).

OTHER VIEWS--FEHB mentioned in articles on Medicare reform (Physicians Financial News, NY, NY, Jan. 15; Columbian, Vancouver, WA, Jan. 7)...Maryland and D.C. Blue Cross Blue Shield plans to merge (Modern Healthcare, Chicago, IL, Jan. 20)...First Priority Health Plan ranked high (Times Leader, Wilkes-Barre, PA, Jan. 21).

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by Brocade

    Best of 2016 Federal Forum eBook

    Earlier this summer, Federal and tech industry leaders convened to talk security, machine learning, network modernization, DevOps, and much more at the 2016 Federal Forum. This eBook includes a useful summary highlighting the best content shared at the 2016 Federal Forum to help agencies modernize their network infrastructure.

    Download
  • Sponsored by CDW-G

    GBC Flash Poll Series: Merger & Acquisitions

    Download this GBC Flash Poll to learn more about federal perspectives on the impact of industry consolidation.

    Download
  • Sponsored by One Identity

    One Nation Under Guard: Securing User Identities Across State and Local Government

    In 2016, the government can expect even more sophisticated threats on the horizon, making it all the more imperative that agencies enforce proper identity and access management (IAM) practices. In order to better measure the current state of IAM at the state and local level, Government Business Council (GBC) conducted an in-depth research study of state and local employees.

    Download
  • Sponsored by Aquilent

    The Next Federal Evolution of Cloud

    This GBC report explains the evolution of cloud computing in federal government, and provides an outlook for the future of the cloud in government IT.

    Download
  • Sponsored by Aquilent

    A DevOps Roadmap for the Federal Government

    This GBC Report discusses how DevOps is steadily gaining traction among some of government's leading IT developers and agencies.

    Download
  • Sponsored by LTC Partners, administrators of the Federal Long Term Care Insurance Program

    Approaching the Brink of Federal Retirement

    Approximately 10,000 baby boomers are reaching retirement age per day, and a growing number of federal employees are preparing themselves for the next chapter of their lives. Learn how to tackle the challenges that today's workforce faces in laying the groundwork for a smooth and secure retirement.

    Download
  • Sponsored by Hewlett Packard Enterprise

    Cyber Defense 101: Arming the Next Generation of Government Employees

    Read this issue brief to learn about the sector's most potent challenges in the new cyber landscape and how government organizations are building a robust, threat-aware infrastructure

    Download
  • Sponsored by Aquilent

    GBC Issue Brief: Cultivating Digital Services in the Federal Landscape

    Read this GBC issue brief to learn more about the current state of digital services in the government, and how key players are pushing enhancements towards a user-centric approach.

    Download
  • Sponsored by CDW-G

    Joint Enterprise Licensing Agreements

    Read this eBook to learn how defense agencies can achieve savings and efficiencies with an Enterprise Software Agreement.

    Download
  • Sponsored by Cloudera

    Government Forum Content Library

    Get all the essential resources needed for effective technology strategies in the federal landscape.

    Download

When you download a report, your information may be shared with the underwriters of that document.