How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
What officials believe may be the largest cyber attack to ever hit government computers has potentially impacted the personal data of at least 4 million current and former federal employees. The Office of Personnel Management has provided this important information to the federal workforce to help them safeguard their personal data.
According to the Department of Labor, various criminal actions took place with regard to Federal employee union officials since January of 2014. All but one involves AFGE.
Four federal agencies have collaborated to reissue a guide for lesbian, gay, bisexual, and transgender (LGBT) federal workers on their rights and processes available to them when alleging sexual orientation or gender identity discrimination.
A recent study conducted by the Government Accountability Office found that roughly half of households age 55 and over have no retirement savings. Senator Bernie Sanders (I-VT) says that the study results are evidence that Social Security needs to be expanded. Some might disagree with the Senator, however.
An ICE (Immigration and Customs Enforcement Agency) officer got in big trouble when he used his idle time at work to visit questionable websites with the agency computer. He took offense at the charge that he lacked candor in responding to investigators. See how this one came out.
A recent report from the Environmental Protection Agency’s Office of Inspector General says that a “culture of complacency” among agency management has led to ongoing employee problems such as employees watching pornography on government computers and engaging in private activities during official work time.
The S and C funds provided healthy returns to investors in May but the I fund, while still leading for the year, finished in negative territory for May.
The proposed changes to locality pay areas would impact federal employees across the country. The proposal would not only add 13 new locality pay areas, it would also add to existing ones.
A proposed rule would create 13 new locality pay areas for some federal employees. That is good news for those employees, but there could also be a negative impact of this action on 2016 pay for federal employees currently under the locality pay system.
Senator Lindsey Graham (R-SC) reportedly said, “You could [design a plan to fix Social Security] on the back of a napkin.” The author says that this statement is absurd and says the problems with Social Security are far more complex than what Graham’s statement would lead one to believe.
