OPM Issues Post-Shutdown Pay and Benefits Guidance
OPM has issued a memo instructing agencies on how to pay federal employees who were furloughed during the recent shutdown.
How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
OPM has issued a memo instructing agencies on how to pay federal employees who were furloughed during the recent shutdown.
The legislation that ended the partial government shutdown includes a provision for a 1% pay raise for federal employees.
Now that the shutdown is over, what does this mean for the federal workforce and for the federal budget? Is another shutdown in the near future a possibility?
Federal employees are expected to return to work on their next regularly scheduled work day which, for most, is today, Thursday, October 17th.
The agreement reached to end the partial government shutdown means federal workers will be able to return to work Thursday, and it includes retroactive pay for those who were furloughed.
The agreement reached in the Senate today to end the shutdown includes retroactive pay for federal workers who were furloughed.
The Author points out major mistakes in OPM’s Guidance on Furlough Shutdowns. The Author suggests OPM lacks the career skill base to offer proper information and guidance to Agencies and furloughed workers.
Investors in the TSP’s G fund could be considered patriots for having their retirement investments used to help with the nation’s debt. Unfortunately, it isn’t voluntary as the government uses these funds to finance the debt because it has the authority to do so.
OPM has updated its Furlough Guidance website with new information on furloughs.
Results from our latest survey indicate that the shutdown is having a direct and noticeable impact on FedSmith.com readers.