Most TSP Funds Up in 2014
All of the TSP funds with the exception of the I fund were up in 2014 although December was a down month for some of the funds. The best fund for investors in 2014 was the C fund.
Current news and events impacting the federal workforce, both current federal employees and federal retirees.
All of the TSP funds with the exception of the I fund were up in 2014 although December was a down month for some of the funds. The best fund for investors in 2014 was the C fund.
OPM has announced the call for nominations for the FY 2015 Presidential Rank Awards (PRA) program.
Federal employees will be getting a 1% pay raise in 2015. What about Congress and the vice president?
Agencies (and private sector employers too) are searching for the candidate that most closely matches the requirements for the jobs that they are filling. This means a generic résumé will not be as successful as one that is written specifically for a job announcement.
Will new locality pay areas be established in 2015? Here is a quick summary of the situation from the perspective of the Federal Salary Council.
Working on Sunday does not automatically result in Sunday pay. The author discusses what constitutes Sunday work, how much Sunday pay is, and conditions that may impact whether you will receive Sunday pay when assigned to work during Sunday hours.
There is a change to the procedures for the closing of federal offices in the Washington, DC area. Providing an excused absence for employees on pre-approved leave will no longer be automatic.
A retired federal employee missed the deadline to elect a survivor annuity for her new husband. She took her case to the appeals court when OPM turned her down. See if she fared any better with the court.
Legislation that would change the default TSP allocations for newly hired federal employees has passed Congress and is on its way to the president’s desk for signature.
The author says that studies comparing federal benefits to those in the private sector miss a key issue and that there are substantial differences in the benefit packages across industry sectors.