Thrift Savings Plan officials should be held more accountable to Congress, the General Accounting Office said in a report issued Thursday.
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After lengthy debate, the House Armed Services Committee approved a $400.5 billion Defense authorization bill that would give the Pentagon broad new powers to manage its civilian workforce.
A much-delayed computer system that would give federal employees more control over their retirement savings accounts is still on track to debut in mid-June, officials said Monday. But the new system will cost more than originally expected.
Federal managers governmentwide have a new hiring tool at their disposal.
The House Government Reform Committee approved legislation late Wednesday that would overhaul the civilian personnel system at the Department of Defense, as well as give broad personnel flexibilities to NASA and the Securities and Exchange Commission.
The Thrift Savings Plan’s C, S, and I funds increased in April, marking the first time this year that all three funds have posted positive returns in the same month, according to the latest numbers from the plan.