Oversight
OPM-GSA Merger Plan Would Create ‘Additional Uncertainty’ in Retirement Processing Reform
A government watchdog report said the Trump administration’s proposal to merge the federal government’s HR agency with the General Services Administration could make it more difficult to modernize the retirement process.
Workforce
Retirement Claims Backlog Inches Down in May
The pile of pending claims shrunk by nearly 600 last month and is slightly smaller than it was at the same time last year.
Pay & Benefits
TSP Seeks Fund Managers, Prepares New Withdrawal Options
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Funds End May Mostly in the Red
Only two funds within the federal government’s 401(k)-style retirement savings program posted gains last month.
Pay & Benefits
What You Need to Know About TSP's New Withdrawal Options
Changes coming in mid-September will allow participants more flexibility in how they take money out of their retirement savings accounts.
Pay & Benefits
U.S. Postal Employees’ Retirement Assets Are Invested More Cautiously Than Those of Their Foreign Counterparts
Legally mandated strategy is not risky, but also does not produce high returns that might help reduce a gap in pension assets and liabilities, report notes.
Oversight
Senators Renew Bipartisan Efforts to Protect Federal Retirees from Benefits Fraud
Bill approved by Senate oversight panel would make it a felony for retiree representatives to misuse FERS or CSRS funds.
Pay & Benefits
Changes to TSP Withdrawal Rules on Track for September, OPM Highlights Reskilling Tools and More
A weekly roundup of pay and benefits news.
Pay & Benefits
Lawmakers Push to Allow Pension Contributions for Former Temporary Feds
The Federal Retirement Fairness Act would allow federal employees to make catch-up contributions to the Federal Employees Retirement System for time spent as temporary or seasonal workers.
Pay & Benefits
House Budget Plan Preserves Feds’ Retirement Programs
If approved, the resolution would set up a fight with the Senate over whether to implement the Trump administration’s plans to cut federal employee pensions.
Pay & Benefits
Analysis: The Federal Government Gave Up on Retirement Security
As companies shortchange employees with pensions, Treasury and Labor look the other way.
Pay & Benefits
TSP Officials Confident Congress Will Act on Shutdown Relief Bill
Lawmakers are considering as many as five bills that would make it easier for federal employees to access their Thrift Savings Plan accounts during a government shutdown.
Pay & Benefits
When and Why You Have to Take TSP Withdrawals
A look at required minimum distributions.
Pay & Benefits
Lawmakers Introduce Slew of Bills to Boost Federal Retirement Benefits
A weekly round-up of pay and benefits news.
Pay & Benefits
Most TSP Funds Take a Nosedive in December
All but two of the Thrift Savings Plan’s investment offerings ended 2018 on a sour note.
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