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TSP mulls mutual-fund option

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.

Tags: pay and benefits , TSP , Roth TSP , mutual funds , mutual fund window , Kim Weaver , In Depth , Francis Rose ,

Tuesday - 10/23/2012, 08:27pm EDT
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Customer satisfaction with e-government down slightly but near record highs

Satisfaction with federal e-government sites remained high throughout most of 2012, according to a quarterly report from ForeSee and the American Customer Satisfaction Index. On a 100-point scale, customer satisfaction with federal websites now sits at 75.3. That's actually down slightly from last quarter, which had set an all-time high, according to the latest report.

Tags: ForeSee , ACSI , e-government , customer satisfaction , SSA , HHS , federal websites ,

Monday - 10/22/2012, 08:06pm EDT

Pay gap between government, private sector widens to 34 percent

The gap in pay between federal employees and private-sector workers jumped eight percent since last year, according to new data presented at a Federal Salary Council meeting Friday. On average, federal employees earn 34 percent less than their private-sector counterparts, according to the council's analysis.

Tags: workforce , pay and benefits , pay , Federal Salary Council ,

Friday - 10/19/2012, 06:42pm EDT

Unions, watchdog groups renew call for capping 'exorbitant' contractor salaries

A collection of federal unions and watchdogs groups wrote to the House and Senate Armed Services Committee urging support for a law capping taxpayer-funded contracting compensation costs at $230, 700 the maximum salary earned by the highest-paid federal employees.

Tags: acquisition , acquisition policy , contracting , contractor pay cap , TechAmerica , Trey Hodgkins , AFGE , NTEU , POGO , Carl Levin ,

Thursday - 10/18/2012, 06:05pm EDT

USPS hits borrowing limit for first time

The U.S. Postal Service hit its $15 billion borrowing limit for the first time late last month, the agency confirmed. The Wall Street Journal first reported earlier this week that the USPS reached the limit on the amount of money it can borrow from the Treasury Department and is now dependent solely on its own revenue to sustain operations.

Tags: USPS , budget , David Partenheimer , Congress , Darrell Issa

Thursday - 10/18/2012, 08:09pm EDT

Army offers early retirement in effort to reduce force size

Active-duty and reserve soldiers with between 15 and 20 years of service could be eligible for early retirement, the Army announced this week. The service is offering temporary early retirement authority (TERA) to military officers who have not been selected to move on to the next grade as well as noncommissioned officers identified by selection boards for involuntary separation. The service aims to shed 80,000 soldiers from its active component by the end of 2017.

Tags: DoD , Army , pay and benefits , early retirement , Gerald Purcell , workforce

Wednesday - 10/17/2012, 06:48pm EDT

DISA plots out five year plan to keep DoD's cyber edge

The Defense Information Systems Agency's recently released five-year strategic plan takes a multi-pronged approach to building what DISA Director Lt. Gen. Ronnie Hawkins calls "information superiority." Tony Montemarano, director of DISA's Strategic Planning and Information Directorate, joined Pentagon Solutions hosted by Francis Rose, to discuss how DISA leaders developed the new guidance.

Tags: DISA , technology , DoD , cybersecurity , Tony Montemarano , Ronnie Hawkins , In Depth , Francis Rose , Pentagon Solutions ,

Wednesday - 10/17/2012, 04:12pm EDT
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Tips for creating a data-driven workplace

A new report from the Partnership for Public Service and the IBM Center for the Business of Government says data analytics could transform federal management much the way the proliferation of smartphones and mobile technology has reshaped society at large. But that will require a full-scale culture change at agencies, with both managers and rank-and-file employees willing to sign on.

Tags: Partnership for Public Service , IBM Center for the Business of Government , data analytics , technology , best practices ,

Tuesday - 10/16/2012, 06:11pm EDT
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More than $18B spent on 'outdated and outlandish' projects, Coburn report says

Sen. Tom Coburn's report on government waste details spending on 100 government projects, programs and initiatives at a cost of $18 billion. The report also points to potentially systemic issues affecting federal management, such as the lack of strategic sourcing in federal acquisition and the General Services Administration's outdated contract schedules.

Tags: Tom Coburn , waste , budget , wasteful spending , GSA schedules , strategic sourcing ,

Tuesday - 10/16/2012, 06:18pm EDT

Uptick in disability discrimination claims could jeopardize hiring goals, firm says

In a July 2010 executive order, President Barack Obama pushed agencies to hire more people with disabilities, aiming for 100,000 workers by 2015. Agencies have made steady progress toward that goal. However that progress could be in jeopardy: Complaints alleging disability discrimination in federal hiring and appointments have ticked upward over the past five years, according to an analysis by the law firm Tully Rinckey.

Tags: workforce , hiring , disability hiring , EEOC , John Mahoney , Tully Rinckey , Federal Drive , Tom Temin , Emily Kopp ,

Monday - 10/15/2012, 09:07pm EDT
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