OPM Retirement Backlog Exceeds 20,000 Applications in January

The Office of Personnel Management continues to struggle with its extensive retirement backlog, with more than 20,000 applications waiting to be processed for employees across the United States. According to FedSmith, the OPM received 14,590 new retirement applications in January, but it was only able to process 8,638. This deficit of 5,952 was added to […]

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What The Government Shutdown Means for Employee Pay and Retiree Benefits

While many employees returned to work following the end of the government shutdown in late January, questions remained. People wondered if they would get paid, and for what time they would be paid for. Retired workers worried about their benefits and government payments. Everyone wondered if this whole process would be repeated in February, as […]

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With VA Facing Fallout, Congress Works to Find Solutions

American politicians agree on very few things, but one factor that tends to bring people across the aisle is providing care for our veterans. With the VA facing fallout, this issue is becoming even more urgent. Over the past few years, both Congress and the American people have started to see the exact state of […]

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OPM Approves Voluntary Early Retirement Offer for USPS Employees

In early January, the Office of Personnel Management sent a voluntary early retirement offer to the United States Postal Service. The USPS will be able to help older employees retire earlier with better financial benefits than they previously would have received with the early retirement buyout package. The goal of this Voluntary Early Retirement Authority […]

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What Tax Cuts Mean for Federal Employees in 2018

In late 2017, Congress passed a sweeping reform bill that gives tax cuts to many but leaves others uncertain. While both congressional representatives and the President have said this bill will benefit the majority of Americans, there may be changes ahead for federal employees, both in their income and employment. While it’s still unclear how […]

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Treasury Suspends Investment Into TSP Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling

Federal employees checking their pensions this month might notice a change in the government’s contribution. In early December, The Treasury Department, led by Treasury Secretary Steven Mnuchin announced that the government would no longer pay into Federal employee retirement funds and thrift savings plans (TSP) in order to avoid hitting the debt ceiling. The contribution […]

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The GSA Announces Updated Per Diem Rates for Federal Travelers

The General Services Administration recently announced its per diem rates for federal travelers that are effective October 1, 2017. These rates set the average lodging cost that employees can charge the government for using. The major change with these guidelines affects the standard per diem rate, which was increased from $91 to $93. Unless a […]

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6 Questions About Federal Pension Cuts Answered

One of the main goals of the White House and current Congressional leadership is to change how the federal government approaches retirement. The executive branch is looking to reduce costs for retirement and pension plans while making federal jobs seem more appealing in the job market. However, these savings plans have left several employees wondering […]

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What Is a Reduction in Force (RIF) and How Can You Prepare For It?

Whenever there is a change in leadership within the White House, it’s common for the new President to review how various agencies run and make changes to the staffing. This is no different under the current administration. In the past few months, President Trump has made changes to the resources and funding to various federal […]

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Four Questions You Should Ask About the 2017 Annual Social Security Report

On July 13, the annual trustee reports on Social Security and Medicare were released to review the health and viability of this program. The annual social security report estimates what payroll taxes will look like in the next few decades and how Medicare coverage will change as well. It then creates a report card for […]

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