Katy Saldarini

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Pay and Benefits Watch TSP welcome wagon

October 12, 2000 Newly hired federal employees could begin investing immediately in the Thrift Savings Plan and employees could roll over funds from private sector retirement plans into their TSP accounts under a bill that passed Congress Tuesday. Under current law, federal employees must wait up to a year to begin contributing...

Small agencies pay big performance bonuses

October 12, 2000 Small agencies can be the best places in government to work if you want cash rewards for performance. Two small agencies, the Federal Deposit Insurance Corporation and the Nuclear Regulatory Commission paid the biggest average bonuses to their employees in 1997, according to a new analysis of performance bonus...

DOE launches plan to combat racial profiling

October 11, 2000 Energy Secretary Bill Richardson Tuesday announced a plan to eliminate racial profiling by the Energy Department and its contractors. Richardson ordered revisions of DOE's contracts to include provisions banning racial profiling, according to an Associated Press report. Richardson also said the department would begin considering how a contractor deals with...

TSP's C Fund slumps in September

October 10, 2000 The Thrift Savings Plan's C Fund-which invests in common stocks-lost ground in September, following a strong gain in August, according to the latest statistics from the Federal Retirement Thrift Investment Board. Following an August jump of 6.19 percent, the C Fund dropped 5.27 percent in September-the sixth time the...

Agencies reject challenges to outsourcing lists

October 6, 2000 Only about 6 percent of challenges to the largest federal agencies' 1999 Federal Activities Inventory Reform (FAIR) Act lists were successful, according to a new General Accounting Office report. Last year the 24 largest federal agencies identified approximately 900,000 jobs that could potentially be outsourced under the 1998 FAIR...

Pay and Benefits Watch: COLAs and Patent pay

October 5, 2000 Federal employees in Alaska, Hawaii, Guam, Puerto Rico and the Virgin Islands are now getting-or soon will get-higher COLA rates effective the first pay period beginning on or after Oct. 1, last Sunday. These employees have been waging a battle to get their cost-of-living allowances boosted, saying that the...

Agencies honor top-performing executives

October 5, 2000 Fifty-three career senior executives have been recognized with the Presidential Rank of Distinguished Executive, the highest award for civil servants, the Office of Personnel Management announced Wednesday. Senior management officials at federal agencies nominate executives for the awards, while panels of private citizens choose the winners. The panels' selections then...

Health and taxes

September 28, 2000 Several readers have written in with questions about the new law allowing employees to have health insurance premiums treated as pre-tax income. One reader wants to know if after he takes advantage of "premium conversion" (the Office of Personnel Management's name for the new benefit) he can still claim Federal...

New Thrift Savings Plan funds to debut in May

September 28, 2000 Participants in the federal Thrift Savings Plan will be able to invest in two new funds beginning in May 2001, the Federal Retirement Thrift Investment Board announced Wednesday. The TSP board had been planning to roll out two new investment funds-the Small Capitalization Index Investment (S) Fund and the International...

Agencies get advice on improving phone service

September 27, 2000 In order to provide quality customer service over the phone at large call centers, federal agencies need clear goals, committed managers and good compensation packages for employees, according to a new report from the General Accounting Office. Because agencies most frequently interact with their customers via call centers, Rep. Amo...

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