McCain Bill Would Require Parity Between Postal and Federal Workers’ Insurance Premiums
Senator John McCain (R-AZ) has introduced legislation to restore the financial health of the Postal Service.
How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
Senator John McCain (R-AZ) has introduced legislation to restore the financial health of the Postal Service.
Senator Ron Johnson (R-WI) and Rep. Mick Mulvaney (R-SC) have introduced legislation aimed at cutting the federal workforce through attrition.
Washington area Congressmen have introduced legislation to allow federal employees to voluntarily transfer unused sick leave to agency-wide leave banks.
Despite a two-year pay freeze being imposed on the federal workforce late last year, many federal employees report overall satisfaction with their pay according to the 2011 OPM Federal Employee Viewpoint Survey results.
The OPM Office of the Inspector General has issued a report showing that payments from the federal government’s Civil Service Retirement and Disability Fund to deceased annuitants has averaged $120 million over the last five years.
Performance appraisal season is approaching for federal employees. The author says that past performance ratings do not reliably predict positive changes for the future and offers some supporting evidence as to why.
The author says that real and perceived threats to the benefits of federal employees are popping up more frequently. His advice to federal employees: don’t panic.
Reps. Elijah E. Cummings and Stephen Lynch have introduced legislation to address the Postal Service’s dismal financial situation by making numerous changes in an attempt to restore it to financial solvency. One of the provisions of the bill would be to refund the excess money the Postal Service has paid into the Federal Employee Retirement System.
Legislation has been introduced that claims it would reduce the deficit by billions by phasing out the $1 bill.
The author walks the reader through some examples to illustrate that the CSRS retirement system may not be better than the FERS retirement system, despite popular belief to the contrary.