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Search Tags: Jack Moore
The Defense Department reported making just $1.1 billion in improper payments in fiscal 2011, a small fraction of the Pentagon's total outlays of more than $1 trillion. But, in a new report, the Government Accountability Office said those estimates are neither reliable nor statistically valid because of "longstanding and pervasive" weaknesses in DoD financial-management practices as well as specific deficiencies in the department's procedures for estimating improper payments.
Nearly two years after the site launched, the Office of Management and Budget still hasn't clearly defined its purpose or its intended audience, according to a new report from the Government Accountability Office.
After more than a year of negotiations, the General Services Administration and business magnate Donald Trump's organization have inked a deal to redevelop Washington, D.C.'s historic Old Post Office Building into a luxury hotel. Now it's up to Congress, which has 30 days to review the agreement, to finalize the deal.
Federal employees who choose to retire part-time and return to federal service under a new phased-retirement option will have to spend at least 20 percent of their time on mentoring activities, according to proposed rules from the Office of Personnel Management, which were released today in the Federal Register
The Office of Personnel Management's efforts to process retirement claims and reduce a longstanding backlog slipped last month, after the agency was forced to cancel employee overtime because of automatic budget cuts. OPM processed 10,954 claims in May, according to new data, 546 fewer than it had projected. That's only the third time in the past 16 months - since the agency rolled out a new plan for clearing the backlog — that OPM failed to hit its processing goal.
The Internal Revenue Service held 225 employee conferences between 2010 and 2012, at a total cost of $49 million, according to a new report from the Treasury Inspector General for Tax Administration (TIGTA). The report also revealed the embattled agency used funding originally slated to hire front-line employees to foot most of the bill for a $4.1 million conference held in Anaheim, Calif., in 2010.
The Obama administration's proposed fiscal 2014 budget called for consolidating or eliminating 116 of the government's 226 STEM initiatives and centralizing the coordination of STEM programs under just three agencies: the Education Department, the National Science Foundation and the Smithsonian Institution. The administration's STEM proposal is one of the government's first visible steps in reversing some of the duplication that riddles the federal landscape and which some lawmakers have seized on as examples of government waste.
After solid showings in March and April, Thrift Savings Plan funds lost a little steam last month, according to new data from the Federal Retirement Thrift Investment Board. Overall, two of the five regular funds posted ended May in negative territory, including the F Fund (the bond market) and the I Fund (international stocks). The F Fund is down 0.76 percent for the year.
Not that long ago, the Office of Personnel Management faced a crisis in processing retirement claims. In part two of our special report, "Retirement Conundrum," Federal News Radio examines how OPM set out to beat its backlog, and how it can stay ahead of an unexpected surge in claims amid automatic budget cuts that threaten to derail progress.
A federal retirement tsunami has been predicted for years but never quite materialized. In our special report, "Retirement Conundrum," Federal News Radio reexamines the trends and developments that led to the botched predictions and what it means today with a recent uptick in retirements reviving old worries.