AUTHOR ARCHIVES
Common stocks lead April TSP earnings
May 2, 2007 Common stocks in the Thrift Savings Plan made the strongest gains for April, though they still trailed behind the plan's international investments for yearlong growth. The C Fund, which tracks Standard & Poor's 500 Index of stocks in the largest domestic companies, gained 4.43 percent last month, far outperforming the ...
Senator renews push to reduce burden of pension offset
May 2, 2007 A bill reintroduced Tuesday in the Senate aims to scale back a pension offset that reduces Social Security benefits for some federal retirees. The bill (S. 1254), introduced by Sen. Barbara Mikulski, D-Md., would ease the burden of a 1977 law that prevents certain retirees from collecting both a government ...
House panel approves 3.5 percent military pay raise
May 2, 2007 A House Armed Services subcommittee on Wednesday passed a 3.5 percent pay raise for members of the military for 2008. That figure, which is half a percent higher than the raise proposed by the Bush administration, likely will give federal labor unions an edge in pushing for an equivalent raise ...
Lawmakers skeptical of planned Federal Protective Service cuts
May 1, 2007 Members of a House committee on Tuesday questioned a proposal to eliminate 249 police officers from the Federal Protective Service. At a hearing of the House Homeland Security Committee, lawmakers expressed concern that the Homeland Security Department's plan to establish a "refocused workforce" at FPS, composed mainly of inspectors and ...
Union official, FEMA clash over morale issues
April 30, 2007 A federal labor union official on Monday called on Congress to help "rescue" the Federal Emergency Management Agency from sinking morale, while an agency official countered that he was not speaking for the entire FEMA workforce. In a letter to Del. Eleanor Holmes Norton, D-D.C., the head of an American ...
GAO settles pay dispute with 12 of 308 senior analysts
April 27, 2007 The Government Accountability Office has reached settlements with 12 of 308 employees denied pay increases last year. The 12 employees were offered promotions, back pay and associated benefits as if they had been promoted as of Jan. 8, 2006, several sources confirmed Thursday. The case goes back to June 2005, ...
Agencies report rise in student loan repayments
April 27, 2007 Federal agencies significantly increased their use of student loan repayment programs in 2006, according to a report released Friday by the Office of Personnel Management. From fiscal 2005 to fiscal 2006, there was a 31 percent increase in the number of federal employees receiving student loan repayment benefits, and a ...
OPM proposes new rules on higher pay for hard-to-fill jobs
April 26, 2007 The Office of Personnel Management has proposed new regulations to help more agencies use a flexibility allowing higher pay for hard-to-fill positions. OPM's proposal, published Wednesday in the Federal Register, provides a regulatory framework for agencies to obtain permission to offer better pay for positions that require specific expertise in ...
Bill would keep Defense labs out of new personnel system
April 25, 2007 A bill introduced Monday in the House would permanently prevent the Defense Department from bringing its laboratory employees under its controversial new personnel system. The bill (H.R. 2007), introduced by Rep. Michael Turner, R-Ohio, would bar the Pentagon from shifting employees at 10 Defense laboratories to the National Security Personnel ...
Lawmakers seek to extend combat-zone tax break to feds
April 24, 2007 Legislation was introduced in the House and Senate last week that would provide federal civilian employees serving in combat zones with the same tax credit that is available to military service members. The bills (H.R. 1974 and S. 1166), sponsored by Virginia Republicans Rep. Frank Wolf and Sen. John Warner, ...
TSP's G Fund Helps Delay Debt Ceiling
CBP Could Escape Furloughs
Feds Flock to TSP's L Funds
EIG 2013 as Told by Your Tweets
Boldly Go Where No Fed's Gone Before
The Big Squeeze: Defense Under Sequester
