Category: OPM

OPM The Senate Tax Proposal Could End Feds’ Catch-Up TSP Contributions

The Senate Tax Proposal Could End Feds’ Catch-Up TSP Contributions

Sen. Orrin Hatch, R-Utah, is considering an amendment that would restrict how employees can make catch-up contributions to retirement plans when they reach age 50. Susan Walsh/AP Senate Finance Committee Chairman Orrin Hatch, R-Utah, is expected to introduce an amendment to the Republican-led tax reform initiative Tuesday that would restrict federal employees from making extra …

Read Article Read More

OPM NARFE Applauds Senate Passage of TSP Modernization Act

NARFE Applauds Senate Passage of TSP Modernization Act

FOR IMMEDIATE RELEASE Contact: Jessica Klement November 7, 2017 jklement@narfe.org 703-838-7760 Alexandria, VA – The National Active and Retired Federal Employees Association (NARFE) applauds passage of the TSP Modernization Act of 2017, H.R. 3031, by the Senate on November 6. The legislation would provide more flexible withdrawal options for Thrift Savings Plan (TSP) participants. With …

Read Article Read More

OPM Retirement Planning Advice on how to prepare for life after government.

Retirement Planning Advice on how to prepare for life after government.

Are You Ready to Retire? A Self-Assessment By Tammy Flanagan National Institute of Transition Planning November 2, 2017 An ever-increasing number of government employees are eligible to retire, and with Congress considering changes to federal retirement benefits, many are contemplating their next move. But even if you’re not in this group, it pays to be …

Read Article Read More

OPM GCES – Helping Federal & State Employees (Video)

GCES – Helping Federal & State Employees (Video)

GCES – Helping Federal & State Employees Your family is important, and so is your retirement. At GCES, you don't have to choose. We help Federal & State Government Employees with their Retirement & Benefits. Posted by Government & Civil Employee Services, LLC on Wednesday, October 4, 2017 G

OPM COLA for Retirees, Raise for Current Feds

COLA for Retirees, Raise for Current Feds

Published: October 18, 2017 More in: Fedweek The annual retiree COLA announcement of 2 percent will be paid in January under CSRS and to those eligible for COLAs under FERS – and this always sets off confusion in the federal community. Part of the reason is that many employees refer to their raises as COLAs, …

Read Article Read More

OPM Federal Employee Buyout Boost Advances

Federal Employee Buyout Boost Advances

Published: October 11, 2017 More in: Fedweek A bill (S-1888) increasing the standard buyout amount to $40,000 government-wide is ready for floor voting in the Senate following approval by the Senate Homeland Security and Governmental Affairs Committee, the first solid step in Congress toward enacting the closely-watched proposal. The bipartisan measure approved without objection thus …

Read Article Read More

OPM OPM: Emergency Leave Transfer for Federal Employees Adversely Affected by Hurricane Harvey

OPM: Emergency Leave Transfer for Federal Employees Adversely Affected by Hurricane Harvey

Posted on September 1, 2017 by postal 9/1/2017 In the event of a major disaster or emergency as declared by the President that results in severe adverse effects for a substantial number of Federal employees, the U.S. Office of Personnel Management (OPM), in consultation with the U.S. Office of Management and Budget (OMB), may establish …

Read Article Read More

OPM OPM announce dates for 2017 FEHB Open Season

OPM announce dates for 2017 FEHB Open Season

Posted on August 10, 2017 by postal 8/3/17 The Office of Personnel Management (OPM) officially announced the dates for the 2017 FEHB Open Season which will run from Monday, November 13 through Monday, December 11, 2017. During the annual Open Season, employees can take the actions listed below for the Federal Flexible Spending Account Program …

Read Article Read More

OPM SEC Files Fraud Charges Against Former Brokers Targeting Federal Retirees

SEC Files Fraud Charges Against Former Brokers Targeting Federal Retirees

Posted on August 1, 2017 Washington D.C., July 31, 2017— The Securities and Exchange Commission today charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The SEC’s enforcement action comes at a time when the agency …

Read Article Read More

OPM Bill introduced to make federal new hires “at will” employees, limit union official time

Bill introduced to make federal new hires “at will” employees, limit union official time

Posted on July 25, 2017 by postal 7/25/17 Rep. Todd Rokita (R-Ind.) finally re-introduced legislation H. R. 3257 that would classify all new federal hires as “at-will” employees. The harshest provisions would target new hires, but other provisions in the PAGE Act would impact current employees and senior executives. Immediate suspensions Agency heads could choose to …

Read Article Read More