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TSP’s Winning Streak and Other Good News

March 1, 2017 February continued a solid growth streak for the Thrift Savings Plan, with all of its funds ending the month in the black. Common stocks in the C Fund were the top performers for the month, increasing 3.97 percent. They were up 5.95 percent for 2017. Here are the details for...

DHS to Solicit Proposals for ‘Wall Structures’ on Southern Border

February 24, 2017 The Homeland Security Department on Friday said it planned to issue a solicitation on March 6 for “the design and build of several prototype wall structures in the vicinity of the United States border with Mexico.” Customs and Border Protection will handle the procurement, according to the presolicitation notice posted...

The Hiring Freeze Takes a Toll on One Benefit, a Petition for a TSP Tweak and More

February 22, 2017 Federal employees’ biggest fear about President Trump’s hiring freeze may be that it could add to their workload if colleagues leave and aren’t replaced. But as families on at least two military bases are finding out, the moratorium on hiring may also affect the delivery of workplace benefits. The freeze...

Protecting Federal Employees' Pay, Hope for Paid Parental Leave and More

February 15, 2017 The White House has again signaled that President Trump intends to overhaul federal employee compensation and move work to the private sector, this time including those reforms as part of a promise to “innovate and update government.” This clearly doesn’t bode well for civil servants’ pay, retirement benefits or job...

Dental Premiums Drop, Retirement Claims Spike, Anxiety Over Benefits 'Reform' Grows

February 8, 2017 Kudos to the dedicated feds at the Agriculture Department’s National Finance Center. The center, which processes payroll for more than 650,000 federal employees, was badly damaged in a tornado that hit eastern New Orleans on Tuesday. USDA quickly initiated its Continuity of Operations plan, relocating staff to an alternative work...

Feds Will Get Paychecks on Time After Tornado Hits Major Processing Facility

February 8, 2017 This story has been updated. The New Orleans-based center that processes payroll for more than 650,000 federal employees was severely damaged by one of the tornadoes that hit the eastern part of the city on Tuesday, but has enacted its emergency plan and does not anticipate any delays in issuing...

Solid TSP Growth, An Opening Bid for the 2018 Pay Raise and More

February 1, 2017 It’s no secret that many Republicans on Capitol Hill are eager to slash federal employee pay and retirement benefits, and now it’s becoming clear the Trump administration is of a similar mindset. White House Press Secretary Sean Spicer said while announcing the hiring freeze last week that federal employees’ compensation...

Hiring Freeze Fallout, Tax Relief, Education Benefits and More

January 25, 2017 There’s a great deal of uncertainty surrounding the federal hiring freeze President Trump imposed through an executive order he signed on Tuesday. The order exempts military personnel and leaves open exceptions for “limited circumstances” and positions agencies deem “necessary to meet national security or public safety responsibilities.” But because most...

A Managers Guide to the New Administration

January 17, 2017 Every presidential transition creates uncertainty for those who serve in the executive branch, especially when a new political party comes to power. The incoming Donald J. Trump administration is likely to engender more anxiety than most—even among federal managers who supported the new president, and there are many. Trump has...

Congress’ Big Plans for Federal Service, Locality Pay Loophole and More

January 11, 2017 All indications suggest that 2017 is going to be an interesting year for federal employees in the pay and benefits arena. Before we get to that, here’s a reminder that Washington area feds (at least most of them) will see at least one concrete benefit from new administration—an extra day...