OPM Retirement Claims Backlog Jumps 14%
The outstanding inventory of retirement claims jumped 14% in February according to the latest monthly status report from OPM.
How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
The outstanding inventory of retirement claims jumped 14% in February according to the latest monthly status report from OPM.
A recent FedSmith.com survey reveals that the sequester is harming morale and increasing the desire for federal workers to retire when they are eligible to do so.
House Republicans unveiled a plan Monday to fund day-to-day operations of the government through September.
Which of the TSP funds had the best returns over the past 12 months and how do your investments in the G fund compare to the best performing fund? Where are TSP investors putting their money?
The TSP has provided some information to participants on how sequestration may affect their accounts.
House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) has asked federal agencies to identify unnecessary or wasteful programs within their agency that could be eliminated as an alternative to the spending cuts mandated by sequestration.
OPM has provided information for federal employees who may be wondering if they can get unemployment compensation while furloughed.
OPM has added additional guidance to its information on furloughs to cover leave accrual and retirement annuity benefits.
Congresswoman Eleanor Holmes Norton (D-DC) has announced that she will donate a day’s pay for each day federal employees are furloughed this year if sequestration takes effect.
Senator Kelly Ayotte (R-NH) has proposed legislation that would extend the pay freeze increase current federal employees’ pension contributions as a means of avoiding sequestration cuts, however, the Senate has said it will not be put to a vote.