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8:16 pm, July 12, 2014

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Under budget deal squeeze, will future feds opt out of TSP?

If the proposed budget deal becomes law, new federal workers will see a total of 10.6 percent of their salaries automatically withheld from their paychecks to cover their retirement benefits. That could lead to them contributing less or not at all to their voluntary Thrift Savings Plan accounts, experts said.

Tags: workforce , pay and benefits , retirement , TSP , David Snell , NARFE , Greg Long , FRTIB , budget ,

Wednesday - 12/11/2013, 03:26pm EST

How the budget deal will impact current and future feds

Newly hired federal workers will be required to contribute more toward their pensions and some military retirees will see smaller cost-of-living adjustments under a budget deal announced by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) Tuesday evening. The budget deal, which sets funding levels for the next two years, eases some of the bite of the automatic spending cuts, known as sequestration. The pact restores about $63 billion to agency spending through the end of fiscal 2015, split about evenly between Defense and civilian agencies.

Tags: Congress , budget , sequestration , retirement , pay and benefits , COLA , Joseph Beaudoin ,

Wednesday - 12/11/2013, 04:08am EST

IRS nominee Koskinen pledges to turn around employee morale, pushes for budget increase

John Koskinen, President Barack Obama's pick to lead the embattled Internal Revenue Service, pledged to restore public trust in the agency following the recent uproar over revelations of purported political bias by IRS employees. Speaking before the Senate Finance Committee Tuesday morning, Koskinen also said he'd work to turn around the declining employee morale.

Tags: Senate , Senate Finance Committee , Max Baucus , Orrin Hatch , John Koskinen , IRS , IRS scandal , employee morale ,

Tuesday - 12/10/2013, 02:02pm EST

Lawmakers to budget committee: Don't throw feds under the bus

Lawmakers, who face a self-imposed Friday deadline to come up with a fiscal 2014 budget plan, appear to be making progress toward a limited deal that would stave off another shutdown and give agencies the certainty of funding for the remainder of the year.But lawmakers with districts surrounding Washington, D.C. are preemptively speaking out against any proposal that, in their words, would "throw federal employees under the bus." Rep. Frank Wolf (R-Va.), says that too often in the past federal employees' pay and benefits have "been used as pawns in budget negotiations."

Tags: Frank Wolf , Barbara Mikulski , Ben Cardin , Congress , budget , retirement , workforce , pay and benefits ,

Monday - 12/09/2013, 02:15pm EST
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Even as federal retirements continue declining, OPM processing nosedives

The number of federal employees filing for retirement is on a downward swing. For the fifth month in a row, fewer federal employees than expected filed for retirement, according to new data from the Office of Personnel Management. However, OPM's efforts at processing federal-employee retirement applications also took a nosedive last month. OPM processed just 5,700 claims in November, less than half of what it predicted it would and nearly half the number of cases the agency cleared last month.

Tags: retirement , OPM , Ken Zawodny , retirement backlog ,

Thursday - 12/05/2013, 05:32pm EST

OPM tweaks snow-closure policy, with added push for telework

With the official start of winter just two weeks away, the Office of Personnel Management is tweaking its closure and dismissal guidelines. The updated policy changes the way OPM will communicate delayed arrivals and continues to call on agencies to ensure all federal employees who are telework-ready actually do so when OPM gives the say-so during inclement weather.

Tags: OPM , snow policy , workforce , Brenda Roberts ,

Thursday - 12/05/2013, 01:23pm EST

VA benefits set to slightly increase in 2014

When veterans and their families, who receive disability compensation and retirement benefits from the Veterans Affairs Department, receive their annual cost-of-living increase next month, for the first time ever, it won't be rounded down to the nearest dollar. Overall, the COLA for veterans benefits will increase 1.5 percent. Until this year, the COLA for veterans' benefits was rounded down to the nearest dollar. That will change with payments beginning in January.

Tags: VA , Eric Shinseki , pay and benefits , benefits , disability benefits , COLA ,

Wednesday - 12/04/2013, 11:41am EST

Survey: Budget crises leave little time for long-term planning

A string of recent budget crises, doomsday deadlines and last-minute deals has complicated agencies' longer-term budget planning. However, most agency budget professionals say they're plowing through the uncertainty and will be able to meet spending targets for fiscal 2015 mandated by the Office of Management and Budget, according to a recent survey by Grant Thornton and the American Association for Budget and Program Analysis.

Tags: budget , 2015 budget , OMB , management , financial management , Grant Thornton , American Association for Budget and Program Analysis ,

Wednesday - 11/27/2013, 04:48pm EST

Mica says agencies 'thwarting' proposed FTC relocation

Rep. John Mica (R-Fla.), chairman of the House Oversight's Subcommittee on Government Operations, said the Federal Trade Commission and the General Services Administration are "thwarting" his proposal to force the FTC to relocate out of its historic headquarters building and into leased space in Southwest Washington, D.C.

Tags: Congress , House , John Mica , GSA , federal buildings , Chris Wisner , David Robbins , FTC ,

Tuesday - 12/03/2013, 05:10pm EST

Whistleblower cases have gone 'through the roof,' even as OSC faces uncertain budget

The Office of Special Counsel, the agency tasked with investigating federal-agency whistleblower claims and protecting whistleblowers, themselves, from retaliation has seen demand for its work skyrocket in the wake of recent legislative changes. Now, Carolyn Lerner, the head of the OSC, said she hopes the small agency's budget will keep pace.

Tags: OSC , Carolyn Lerner , workforce , whistleblower , Federal Drive , Tom Temin , Emily Kopp ,

Monday - 12/02/2013, 05:23pm EST
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