July TSP Returns

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

DC Circuit Reverses FLRA Again For Exceeding Its Authority

On June 3, the D.C. Circuit again reversed the FLRA for interpreting a law other than its own. The case, involving the negotiability of union proposals limiting Agency Inspector General investigations to procedures bargained with a union, demonstrated the Court’s continuing refusal to defer to an FLRA interpretation of a law other than the one it administers. The author suggests practitioners read the complete decision but addresses the highlights in his article.