OPM Finally Issuing Phased Retirement Regulations
After more than a year, the Office of Personnel Management is finally issuing the final rules on the phased retirement program for federal employees.
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After more than a year, the Office of Personnel Management is finally issuing the final rules on the phased retirement program for federal employees.
The author says that federal employees who move to more expensive locality areas prior to retirement can actually boost their annuity after retirement. He explains how this works through the use of some hypothetical examples.
A recent memo from Office of Personnel Management director Katherine Archuleta said that unless President Obama acts before the end of August, federal workers can most likely expect a 1% pay raise in 2015.
The backlog of retirement claims at the Office of Personnel Management reversed course and actually grew in July over the previous month.
The author says that replacing the General Schedule pay system is inevitable and that it needs to be done. However, he says that the anxiety and distrust that would come from federal employees upon moving to a new system must be overcome as part of the process and offers some ideas as to how to best manage the transition.
I’m a retired CSRS federal employee who took an early out option in 1999. Do you know how much my pension will be cut when I must apply for Social Security?
Thanks to the way our brains work, we have a built-in tendency to see what we want to see as well as what we expect to see. The author says this has implications for employees in their federal careers.
Which is worse for a Federal agency to have, a bad employee or a bad supervisor? No doubt, the government would rather have neither, but the author says the effects of inept, biased, or malevolent leaders are among the greatest risks to your agency’s mission.
A group of Congressmen have introduced legislation that dramatically changes how the federal government purchases IT goods and services. The bill is being drafted primarily in response to the botched launch of the HealthCare.gov website.
The stock market dropped in July ending a five month winning streak for the TSP C fund. For the year-to-date and the past twelve months, all of the TSP funds are showing a positive return.