When Mediocre is Good Enough
What is the result of achieving a “Minimally Acceptable” performance rating?
How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
What is the result of achieving a “Minimally Acceptable” performance rating?
A finding of sexual harassment against an employee of the Department of Interior results in an award of $149,459.75 to the employee–even though she did not claim any lost pay.
The Special Retirement Supplement (SRS) is a payment that is made by OPM and is designed to approximate the amount of an age 62 Social Security benefit that is due to civilian service under the FERS retirement system. Most FERS retirees begin receiving the SRS at their Minimum Retirement Age.
The author calls for a critical examination of Federal labor relations instead of the draft executive order currently making the rounds in DC. He suggests it is time to look at government labor relations with an eye to its future.
Those who work for the federal government don’t think much of the process of hiring new employees. While Uncle Sam may be in the process of hiring hundreds of thousands of new federal employees, those currently working in federal agencies don’t hold out much hope for attracting, hiring and retaining good employees.
The C fund has now had six straight months of gains in the federal Thrift Savings Plan. No doubt, TSP investors are cheering the 2009 results so far but there is still plenty of reason to be cautious in investing your retirement funds.
President Obama has quietly sent out a letter to the House and Senate noting that for the federal workforce “an across-the board increase of 2.0 percent shall go into effect on the first day of the first applicable pay period beginning on or after January 1, 2010.”
Here is the text of a letter from President Obama to the Speaker of the House and the President of the Senate transmitting an alternative plan for pay increases for civilian Federal employees covered by the General Schedule (GS) and certain other pay systems in January 2010.
An agency can find itself in the middle of a political and media firestorm quickly and unexpectedly. The Dept. of Veterans Affairs has found itself in the middle of another controversy it doesn’t want. The relatively new political appointee caught in the middle is undergoing a trial by fire.
There is a real possibility that the contribution limits to your Thrift Savings Plan could go down for 2010. Here is why this is the case.