Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
Shows & Panels
Pending threats: Separating the sharks from the minnows
Friday - 7/11/2014, 3:30pm EDT
We will (should) hear a lot more about VA bonuses and paperwork problems. And maybe more about what happened to potentially incriminating IRS emails that disappeared in the ether.
Was that a computer glitch, or a 2014 version of the mysterious gaps in the so-called Nixon tapes?
But for the most part, efforts to reform (or fold, staple and mutilate) federal pay, pensions and investment options are largely on hold.
Even with the summer lull and the autumn elections, there are still dozens of bills on Capitol Hill getting varying degrees of attention and, in some rare cases, even action. Limited action.
The bills range from everything to combat tax parity for feds in hostile situations, to scaling back future cost of living adjustments for retirees, to replacing the Federal Employee Health Benefits Program by putting workers and retirees under the Affordable Care Act.
Others would change the default option in the Thrift Savings Plan. At present, new hires who are automatically enrolled in the TSP have their government contribution directed to the Treasury G-fund unless they pick another option. The proposal would make the L-fund, lifecycle, the default option.
Several of the pending bills are definitely in the long-shot category. That includes a proposal to give white collar federal workers a 3.3 percent raise in January, rather than the 1 percent proposed by the White House. Not likely to go anywhere.
The other when-pigs-fly bill would repay all federal workers who were furloughed last year. In addition to being a very, looooooooooooong shot, it would mean that any fed who got unemployment benefits during the furlough would have to repay the money.
The one proposal most feared by many pro-fed lobbyists is the plan to base future retiree COLAs on the so-called "chained CPI". Backers—which includes the Obama administraton—say it provides a more realistic picture of what retirees do when prices for certain items go up — they buy less expensive items. Opponents say the steak-to-chicken-to-hamburger scenario doesn't include the last step: dog food!
By one estimate, moving from the current CPI to the chained CPI index would cost the typical CSRS retiree (who gets $32,000 per year) about $50,000 over his or her retirement lifetime.
NEARLY USELESS FACTOID
If you work in an office and you drink coffee, you probably throw out around 500 disposable cups in a year. Across the U.S., over 23 billion paper cups end up in the trash annually, along with another 25 billion made from Styrofoam.
MORE FROM FEDERAL NEWS RADIO
TSP scores high,
flexible spending low in latest federal employee benefits survey
Federal employees have almost opposite opinions on the usefulness of the Thrift Savings Plan versus the flexible spending program and long-term care insurance available to them.
House panel probes DoD's acquisition
The DoD's focus on the acquisition workforce is key to making sure Pentagon procurement reform stays on track.
What happened to all of the young federal
The lack of 30-and-under talent in the federal workforce means agencies will be facing significant shortfalls in the future