July TSP Returns

How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.

Deposits and Re-Deposits Under FERS

OPM calls temporary time and other time for which retirement deductions were not taken “deposit service”. Under FERS, deposit service will not count for either your eligibility to retire or in the computation of your annuity unless you make a deposit. The author provides examples of both deposit and re-deposit service to illustrate the impact they have on your pension.

When You Leave Federal Service, Will The Government Miss You?

An aging population of federal employees means that many are leaving federal service due to retirement. The National Active and Retired Federal Employees Association (NARFE) argues that this means there could be a damaging loss of institutional knowledge these federal workers take with them. However, the author points out that the turnover rate among federal employees is very low compared to the private sector and says that the loss of institutional knowledge from retiring federal workers might not be as bad as NARFE is projecting.

Why Aren’t Agencies Using Easier Employee Termination Options?

With all the hoopla and controversy about holding Federal employees accountable, a simple straight forward process exists to terminate Federal employees for a number of legitimate reasons within an Agency’s control. The author will provide a brief description of the process and suggest how Agencies that aren’t using it now can take advantage of the option.