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Search Tags: annual leave
Some furloughed federal employees could offset their forced time off with annual leave -- but only under certain circumstances, according to updated guidance from the Office of Personnel Management. If an agency cancels the need for planned furlough days after an employee has already taken those days off, he or she is permitted to substitute annual leave to offset the furlough.
Tens of thousands of federal workers stand to lose a day of annual leave this year because of the cursed 11-year itch. To find out how, when and where to scratch it, check out Senior Correspondent Mike Causey's Federal Report.
The provision — part of a larger transportation bill — would allow retiring federal employees to put their unused annual leave toward their TSP.
Registered employee benefit consultant Ed Zurndorfer joined The Federal Drive with Tom Temin and Emily Kopp to explain this provision, and other proposals that Congress is considering that impact your wallet.
Legislation was introduced last week that would allow federal employees to contribute unused annual leave to their TSP accounts, but there are limits. Tom Trabucco is director of external affairs at the Federal Retirement Thrift Investment Board and explains what those are and when the bill might become law.
A bipartisan bill could be introduced this week that would allow federal employees to invest the cash value of their unused annual leave into their Thrift Savings Plan accounts. Tom Trabucco, Director of External Affairs at the Federal Retirement Thrift Investment Board, tells Federal News Radio the bill has a lot of support.
Federal employees who will retire in January 2012 must request their annual leave no later than Nov. 19 — or they forfeit their leave.
What do federal workers and Thanksgiving turkeys have in common? Mike Causey thinks he knows and you aren't going to like the answer.
Senior Correspondent Mike Causey says he thinks the bill will pass -- eventually.
It's not as bad as it seems. May is only half over, but Federal News Radio takes a look at where the TSP funds are this month. Tom Trabucco is Director of External Affairs for the Federal Retirement Thrift Investments Board and breaks them down for us, and also tells us where an important bill regarding your retirement benefits stands in the House right now.