Reform on the Horizon for USPS

Although it is too early to know what will come of Sen. Tom Carper’s legislation to reform the U.S. Postal Service, it is safe to say that the Postal Service’s growing deficit in funding for employee pensions and medical benefits will be addressed. This has been an ongoing issue for the USPS. However, prior to […]

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OPM Falling Behind on Retirement Applications

The Office of Personnel Management (OPM) is dealing with a large backlog of applications from retiring federal workers. As of January 2016, the backlog of claims was at a whopping 73%, which is a concern for those looking to retire sometime this year. What does the backlog mean for retiring federal workers? For starters, many […]

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How to Prepare for Federal Retirement

It’s never too early to be thinking about your retirement. Whether you are 30 or 60, there are always simple things you can do to help prepare for Federal retirement. When you are ready to retire you are going to want to maximize all of your benefits, which is why preparing for retirement in advance […]

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5 Things You Need to Know About a Thrift Savings Plan

The Thrift Savings Plan (TSP) is a crucial part of your Federal benefits package regardless if you are a civilian employee or a member of the military. But the bigger question is, how do you manage it? Here are 5 Things You Need to Know About a TSP: Consider it your 401K: A TSP is […]

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Obama Nominates NEW OPM Chief

Beth Cobert may become the new head of the U.S. Office of Personnel Management if President Obama has his way. The president has nominated the now acting director of OPM to officially take over the agency and become OPM director. Ms. Cobert became acting director following the resignation of former OPM director Katherine Archuleta. Ms. […]

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Former IRS Chiefs Warn Congress about Budget Cuts

Seven former IRS commissioners are begging Congress to halt additional cuts to the agency’s budget. In a November letter to U.S. House and Senate leaders, the former commissioners pointed out that the agency’s budget has been cut by 17 percent since 2010 — a $1.2 billion reduction. “None of us ever experienced, nor are we […]

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Rate Changes on the Horizon for FEGLI Participants

Come January, you might see your Federal Employees’ Group Life Insurance deduction on your paycheck rise or fall depending on the plan you are enrolled in. Older workers and retirees will be the hardest hit. The U.S. Office of Personnel Management recently issued a notice in the Federal Register informing federal workers and federal retirees […]

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Rare FEGLI Enrollment Opportunity Offered Next Year

Federal workers will be offered a rare opportunity to enroll in, or modify, government-sponsored life insurance. The question we must raise though is…..is it worth it? More on that in a moment. According to a notice in the Federal Register, the U.S. Office of Personnel Management will hold a Federal Employees’ Group Life Insurance open […]

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Get Prepared: FEHB Open Season Is Just Weeks Away

Open season is just around the corner. That means federal workers, like you, may enroll in a federally-sponsored healthcare plan, change your plan, tune it more to your liking, or cancel it. All these changes can be made during what the federal government calls open season. This year, it runs from Monday, November 9 through […]

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Outgoing Association President Offers Bleak View on Pay and Benefits

The outgoing president of a federal executives association is advising the workforce not to get their hopes up about any improvements in pay and benefits.   In a recent interview with The Washington Post, Senior Executives Association President Carol A. Bonosaro offered a sour outlook when asked for her thoughts on the subject on the […]

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