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4:48 am, October 23, 2014

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House committee OKs bill making TSP's L Funds the default for new hires

New Thrift Savings Plan participants would be automatically enrolled in an age-appropriate Lifecycle Fund -- instead of the G Fund -- under a bill set to be debated Wednesday by the House Oversight and Government Reform Committee. The Smart Savings Act, introduced by the committee's chairman, Rep. Darrell Issa (R-Calif.), is supported by the Federal Retirement Thrift Investment Board.

Tags: TSP , pay and benefits , retirement , Darrell Issa , Greg Long , Jack Moore

Tuesday - 03/11/2014, 04:14pm EDT

GAO seeks budget hike to restore staffing from rock-bottom levels

The Government Accountability Office is requesting about $525 million for fiscal 2015, an increase of about 4 percent, or $19 million, above current levels. The additional funding would allow the agency to continue staffing up the agency from the nearly rock-bottom levels it hit over the past few years. The additional funding would also allow GAO to make upgrades to its aging IT infrastructure and do long-deferred building upkeep and and maintenance

Tags: Congress , budget , 2015 budget , GAO , Gene Dodaro , Jack Moore

Wednesday - 03/05/2014, 04:33pm EST

Will IRS budget pleas be ignored in Congress?

IRS Commissioner John Koskinen told members of the House Appropriations Subcommittee on Financial Services and General Government that budget and staffing reductions are impacting the agency's core missions of customer service and tax collection. The agency projects it will only be able to answer 61 percent of phone calls this year, meaning some 20 million phone calls will go unanswered. Meanwhile, taxpayers attempting to reach IRS offices are facing wait times that stretch past 20 minutes.

Tags: budget , Congress , IRS , John Koskinen , Ander Crenshaw , NTEU , Colleen Kelley , workforce

Thursday - 02/27/2014, 04:18pm EST

House Dems, employee groups want Obama to chuck chained CPI

More than 100 members of the House and a dozen outside groups have signed on to a letter to President Barack Obama from Rep. Allyson Schwartz (D-Pa.) requesting that the upcoming White House budget not include a proposal to alter the way retirees' cost-of-living adjustments are calculated. The National Active and Retired Federal Employees Association, the American Federation of Government Employees and the Military Officers Association of American have signed on in support of the letter.

Tags: pay and benefits , Congress , Allyson Schwartz , NARFE , AFGE , Joseph Beaudoin , J. David Cox

Wednesday - 02/19/2014, 02:58pm EST

Congress eyeing legislative fix for security clearances

President Barack Obama signed the OPM IG Act into law this week. The law provides the agency's top watchdog with an additional source of funding to conduct audits and investigations of the security-clearance process.

Tags: OPM , oversight , background investigations , security clearances , Stephen Lynch , Darrell Issa , Jon Tester , Patrick McFarland , Congress , Senate , Jack Moore

Thursday - 02/13/2014, 04:14pm EST

House Republicans back away from debt fight

Tags: Congress , debt limit , pension , workforce , DoD

Wednesday - 02/12/2014, 09:18am EST

House approves military pension bill

The House voted overwhelmingly Tuesday to restore full cost of living increases to pension benefits for younger military retirees, responding eagerly to election-year pressure from veterans groups.

Tags: Congress , pension , COLA , pay and benefits , military

Tuesday - 02/11/2014, 07:20pm EST

House works on bills impacting federal agencies, workforce

With the partial government shutdown behind them, members of Congress are working on several bills that impact the federal workforce, including a resolution that supports ending the federal pay freeze and a bill that tackles the claims backlog at Veterans Affairs.

Tags: Congress , budget , pay freeze , Veterans Affairs , claims backlog , workforce , Michael OConnell , cybersecurity , TSA , acquisition

Tuesday - 10/29/2013, 02:41pm EDT
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