Current news and events impacting the federal workforce, both current federal employees and federal retirees.
For the third month in a row, investors in the federal Thrift Savings Plan (TSP) are enjoying positive returns in most of the TSP funds. In March, some TSP investors decided to move money into the small company fund. The gamble paid off in April.
If Congress does not pass further legislation this year, everyone will see their tax bracket and effective tax rates increase due to the Bush tax cuts expiring.
The purpose of filing for Federal Disability Retirement benefits under FERS or CSRS is to get an approval from the Office of Personnel Management. One of the ways to be effective is to cite legal authorities which support the basic criteria for eligibility.
The Federal Supervisor Training Act of 2009 would provisions relating to specific training programs for federal agency supervisors.
After the July 1, 2010 adjustment in the L 2010 Fund of the federal Thrift Savings Plan, its allocation will be identical to the L Income Fund allocation. However, the money will remain in the L 2010 Fund until the end of December 2010.
On July 1, 2010, all the money in the L 2010 fund will disappear. In fact, the entire L 2010 fund will disappear as well. On that date the fund mixtures in the L 2010 fund will mirror those in the L Income fund and the two funds will become one.
The Federal government’s inside prosecutor of labor law violations is participating in the offer of free training on the Obama labor relations executive order. The author asks if anyone has considered the wisdom, propriety and risks involved in the training and suggests that one of those risks may involving compromising the FLRA’s integrity.
People with no ability to see humor in a situation, or craft and deliver a joke, cannot make themselves funny. Now the good news: We can all make ourselves funnier. More good news: It’s not that difficult.
For the last several months the TSP has been running a beta test of its new website. Many of you who have accessed your TSP accounts have been given an opportunity to test the site and to make comments. The TSP claims the new site is “Better. Faster. Easier.” and that it is “improved” and “user friendly”.
There is potential good news on the horizon for federal employees who plan to retire with a large annual leave balance. The news relates to the ability to contribute their annual leave balance to the Thrift Savings Plan.
