A perennial effort to increase pay and benefits for Transportation Security Administration employees took a major step forward this week after the House passed the Rights for the TSA Workforce Act of 2022 on Thursday. The bill would bring 60,000 TSA … [Continue reading] about House advances bill to boost pay, benefits system for TSA employees
TSP’s G-fund: Nag or derby winner?
With inflation running at 8.3% year-to-year many federal-military Thrift Savings Plan investors are looking for a safer haven both for their current account balance and future purchases. After a record long run, the stock market has been acting … [Continue reading] about TSP’s G-fund: Nag or derby winner?
D (as in decision) Day for 6 million TSP investors!!!
Despite tremendous interest (and some dread) over the coming investment expansion for six million federal Thrift Savings Plan investors, fewer than 30 took the opportunity to make formal comments, suggestions or to criticize the proposed … [Continue reading] about D (as in decision) Day for 6 million TSP investors!!!
Pension envy triggers civil service civil war
In the 1980s, roughly 120 years after America’s only (so far) civil war, Congress kicked off another less bloody but passionate family feud. What it did was change civil service rules for (then) future hires. While it sounds simple it started a feud … [Continue reading] about Pension envy triggers civil service civil war
Retirement processing times inching down so far in 2022
Federal retirement claims processing times dropped for the third consecutive month. The Office of Personnel Management reported that April’s average monthly processing time for claims was 80 days, down from 82 days for March and 89 days for … [Continue reading] about Retirement processing times inching down so far in 2022