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For the fourth straight month, the number of federal employees filing for retirement has outstripped the Office of Personnel Management's expectations, according to new data released by the agency. OPM also beat its projections for processing retirement claims.
Thousands of IRS computers could be prone to cyber intruders because officials aren't updating software in a timely manner, according to a report from the Treasury Inspector General for Tax Administration.
Nearly six months ago, Northrop Grumman filed a $179 million lawsuit against the U.S. Postal Service, alleging the agency delayed and disrupted its work on a multimillion-dollar contract to create and install high-tech mail sorters. Now, USPS has countered those claims, alleging the company actually owes it millions of dollars because the contract ran over schedule, according to documents obtained by Federal News Radio.
After months of solid numbers, most of the funds in the Thrift Savings Plan posted negative returns in October, including all of the Lifecycle (L) Funds. The G, F and I Fund all posted slight gains.
After superstorm Sandy, the government is putting all hands on deck response to the storm, providing on-the-ground assistance, federal funding and coordinating rescue and clean-up efforts.
Tags: FEMA , GSA , Sandy , Dan Tangherlini , DHS , Craig Fugate , Janet Napolitano , Transportation , Ray Lahood , Julius Genachowski , FCC , EPA , Energy Department , management , U.S. Coast Guard , DoD ,
The Defense Department's personnel chief Erin Conaton is taking a medical leave of absence, Pentagon Press Secretary George Little said in a statement Wednesday. Panetta designated Jessica Wright, the assistant secretary of defense for Reserve Affairs, to act as the acting principal deputy undersecretary of defense for personnel and readiness in Conaton's absence.
The Federal Executive Board in Baltimore has recommended that federal agencies in Baltimore reopen Wednesday -- with unscheduled leave and telework options in place. There's no word yet from the Office of Personnel Management on the operating status of federal buildings in Washington, D.C. for Wednesday.
The pot of money funding FEMA's relief efforts contains $3.6 billion, according to Federal Emergency Management Agency Administrator Craig Fugate. That includes some funds carried over from last fiscal year as well as new funding from the stopgap spending measure approved by Congress last month.
The chairmen of the House Oversight and Judiciary committees have written to the Office of Information and Regulatory Affairs (OIRA) demanding to know why the public release of a report on upcoming federal regulations is behind schedule. In a letter to the agency, Reps. Darrell Issa (R-Calif.) and Lamar Smith (R-Texas), the chairmen of the Oversight and Government Reform and Judiciary committees, respectively, say OIRA has not been forthcoming about the expected publication date of a report that should have been released months ago.
The Federal Retirement Thrift Investment Board, which manages the TSP, is mulling whether to add a new option to federal employees' (401)k-style retirement plan: a mutual fund window. The mutual fund window would allow participants to move investments out of the TSP funds they've invested in and into a private-sector suite of mutual funds. However, the board is still studying the issue, Kim Weaver, the director of external affairs for the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose. No changes are imminent.