Pay & Benefits

Obama Looks to TSP to Create New Retirement Savings Plan for Americans

The president’s myRA proposal is modeled on the G Fund.

Nextgov

31 Percent of Feds Will Be Eligible to Retire by 2017

Report calls for broader workforce planning efforts to keep mission-critical areas fully staffed.

Nextgov

Defense Launches New Health Record Procurement

Officials plan to deploy the EHR, which ultimately will serve 9.6 million beneficiaries and 70,000 clinicians, starting in late 2016.

Oversight

After Contentious Debate, Senate Panel Delays Postal Reform Vote

Senators appear close to reaching a deal, but still are sorting through final details.

Defense

Don't Be Fooled: Military Benefits Are on the Chopping Block

Even if Congress repeals recent cuts, it faces a battle with the Pentagon over compensation reform.

Nextgov

VA Paperless Claims Processing System Shut Down

VBMS 'should not be used until further notice,' internal message says.

Management

Obama Came Up With a New Retirement Plan Inspired by Behavioral Economics

The president wants to make it so that money is deducted from paychecks before workers receive them.

Pay & Benefits

Postal Reform Bill Would Create New Health Care Plan for Agency

Updated version of legislation also would establish a new prefunding requirement for workers’ compensation payments.

Pay & Benefits

Lawmakers Vow Repeal of Military Retiree Pension Cut

Pentagon also calls for COLA restoration, but does not rule out future compensation reform.

Management

Obama to Raise Minimum Wage for Federal Contractors

President to issue executive order boosting rate to $10.10 per hour.

Pay & Benefits

Fewer Participants, More Assets at TSP

Officials hope feds come back to the Thrift Savings Plan in early 2014.

Management

Postal Service Delays New Wave of Mail Processing Closures

Decision maintains current delivery standards, potentially avoiding more workforce reductions.

Nextgov

Federal Telework Surge Could Save $14 Billion Annually

Feds who telework twice a week save $16,000 annually, calculator says.

Management

Treasury Moves Up Debt Ceiling Deadline

Extraordinary measures will not provide same window of protection as before, says Secretary Jack Lew.

Pay & Benefits

Navy Seeks to Increase Pay for Sailors at Sea

With the possibility of future pay and benefits cuts looming, Navy wants to provide a small stipend raise to boost recruitment.