IRAs and Your Retirement
The are different types of individual retirement accounts (IRA’s) and the requirements for investing in them are different. Here is an explanation.
The are different types of individual retirement accounts (IRA’s) and the requirements for investing in them are different. Here is an explanation.
Performance pay plans are continuing in the federal government. A recent example: A pay-for-performance demonstration plan has been approved for about 2800 non-bargaining unit employees of the Food Safety and Inspection Service of USDA.
The U.S. Postal Service says it is looking at a loss of $6 billion or more in fiscal year 2009. The agency is freezing some salaries, reducing travel and construction, and accepting early retirements. The agency wants more flexibility in “workforce flexibility” and to deliver mail five days a week instead of six.
A decision needs to be made as to whether pay-for-performance for federal employees should be expanded or concluded.
With an executive order on Federal labor relations from the new administration expected very soon, the author examines what happened in the Clinton administration and suggests that Interest Based Bargaining or any other mandated negotiating process may be doomed from the outset if prior lessons go unheeded.
Can an agency reassign a federal employee to a position the employee considers less desirable without giving an employee the right to appeal? In this case, the MSPB and the Court gave a clear answer.
Will some federal employees get an extra four weeks of paid leave? If a bill introduced in the House of Representatives again this year, it could happen.
The Federal Employees Paid Parental Leave Act of 2009 was introduced in the House of Representatives on January 22nd. This is a copy of the bill.
Now that we have an Obama Administration, the author asks if Democratic congressional initiatives will get new legs. One, in particular, establishes a right to collective bargaining for state public safety employees and puts the FLRA in charge.
Federal pay for performance systems have run into opposition and mixed reviews. This article considers awards, cost of administering the programs, inflated ratings, and distinguishing between the pay-banding aspects of pay for performance and the appraisal processes upon which they rely.