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Search Tags: sick leave
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.
Millions of retired federal and military people are in line to get a one-time $250 payment or tax credit for this year. Senior Correspondent Mike Causey explains how it is supposed to work and who should be excited by the news.
Losing the "use-it or lose-it" sick leave mindset.
Federal employees now can use up to 26 weeks of sick leave for unpaid Family and Medical Leave Act under certain conditions.
The shattered lame duck session of the 111th Congress has limped back in town with lots of homework to complete in a short time. Senior Correspondent Mike Causey says it includes the federal pay raise (if any), job security issues, $250 payments for retirees and a new TSP perk.
The good news is that Congress has given federal workers a major financial incentive to save their sick leave. But Senior Correspondent Mike Causey says the bad news is that a full cure for the so-called FERS flu is still years away.
Although it may be hard for many federal workers to understand, legislation that would benefit them has a very low priority on Capitol Hill, says Senior Correspondent Mike Causey. Especially in election years.