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Search Tags: Jack Moore
After tanking in August, all the funds in the Thrift Savings Plan bounced back last month, according to data from the Federal Retirement Thrift Investment Board.
For thousands of federal employees who head to work today, it won't be to execute their agencies' missions, but to shut down their computers, fill out a timesheet and, in some cases, hand over their BlackBerry smartphones. Here are four things feds should know as they prepare for the first government shutdown in more than 17 years.
Despite coming close in 2011, a government shutdown hasn't occurred since 1996. Frank Reeder, who was director of the Office of Administration of the White House in the Clinton administration at the time, said one of the most challenging aspects was managing the morale of the federal workforce.
Federal employees began learning Friday whether they'll be forced to stay home if the government shuts down next week. Supervisors were tasked with informally telling employees today whether they are classified as "essential" or "nonessential," according to several federal-employee unions briefed by the Obama administration. Congress is prepared to work through the weekend, but the clock is ticking down for lawmakers to agree on a funding bill keeping the lights on at agencies beyond Sept. 30, the end of the fiscal year.
The cash-strapped U.S. Postal Service says it can return to being profitable and begin to pay down its debt if Congress gives it the authority to overhaul its health benefits structure. Postmaster General Pat Donahoe told the Senate Homeland Security and Governmental Affairs Committee Thursday that launching a postal-specific health care plan would help save the agency $8 billion annually through 2016.
Members of the Federal Retirement Thrift Investment Board approved a nearly 18 percent increase in the agency's budget for the coming fiscal year that will help lay the groundwork for a wholesale overhaul of the TSP participant experience, board officials say. The single, new initiative included in the 2014 budget is the first in a series of steps built around redesigning the entire participant experience, the board's executive director, Greg Long told board members.
Concerns over missed red flags in Navy Yard shooter Aaron Alexis's background have thrust the federal government's security clearance program into the spotlight. But the problem is likely bigger than one company. The Office of Personnel Management — and its contractors — which accounts for 90 percent of the federal government's background investigations, has faced persistent challenges with security clearances over the years, according to the Government Accountability Office.
Budget cuts and bad publicity have combined to put the kibosh on both the number of government conferences scheduled this year and the number of employees and contractors attending them, according to a new poll from Market Connections, Inc. and Boscobel Marketing Communications. Among federal employees, nearly 72 percent of survey respondents said they have attended fewer events in fiscal 2013 than they did last year.
Naval Sea Systems Command leadership will work to find alternative work accommodations for the 3,000 employees who worked in the command's headquarters at the Washington Navy Yard facility. The building was the site of a mass shooting Monday in which 13, people, including the gunman, were killed.
Updated Thrift Savings Plan regulations would allow the same-sex spouse of a TSP participant to collect death benefits as long as they were married in a state that recognizes same-sex unions, regardless of where they live currently.