Gov 2.0, Telework & Talent Management Fed HR Tech Conference: Learn from other agencies' trial and error -- and take the smoother route to faster, more efficient HR operations. (Advertisement) Daily Headlines for March 8, 2011
| Politics, Cutting Federal Budget and Potential for Government Shutdown | House Republican leaders are confident they won round one of the budget fight when President Obama was forced to concede to spending cuts. "...[T]he White House and House Republicans are still far apart on the 2011 budget, but right now the GOP holds the upper hand. The price to extend funding past a week from Friday is $2 billion in savings per week"and frustrated liberal Democrats know it. The White House's latest offer would buy just three additional weeks of budget peace."
Posted: 3/8 |
| "Chicken" and a Government Shutdown | Critical votes in the Senate will be a key marker on the budget negotiations aimed at averting a government shutdown. Its kind of like a game of chicken, and the question is which side is more united and determined."
Posted: 3/8 |
| Government Shutdown Will Not Include Congress | When it comes to coping with a government shutdown, the legislative and executive branches are certainly separate but they are not equal. "As things currently stand, lawmakers would still get their paychecks and many of their aides would still come to work."
Posted: 3/8 |
| Unraveling of Pentagon "Insourcing" Initiative |  | "Not only will federal workers cost more to sustain each year, but as career employees their positions will require a long-term commitment to health and retirement benefits that contractors do not demand. When contractors fail to perform or the job they are doing is completed, the government can simply stop using them. Civil servants will continue to be a burden to the government for decades to come, first as employees and then as retirees."
Posted: 3/8 |
| Pension Envy | Numerous articles about government benefits at the state and local levels are having an impact on the public. While federal pensions and salaries vary between most states, there is little distinction in the minds of many between the levels of government. "It's the government sector worker who's the new elite, the highest-paid worker on the block."
Posted: 3/8 | | RELATED HEADLINES: |
| Departing House Members Paid Millions to Staff | Departing members of the House gave millions of dollars in extra pay to aides as they closed down their offices. The 96 lawmakers paid their employees $6.7 million, or 31%, more in the fourth quarter of 2010 than they did, on average, in the first three quarters of the year. "Any unused funds are forfeited at the end of the year. Some lawmakers make a show of officially returning a small portion to the Treasury, and others do so by default. Most try to use up as much of their budgets as possible."
Posted: 3/7 |
| Amtrak vs. TSA | The Transportation Security Administration took over the Amtrak station in Savannah, GA and thoroughly searched every person who entered. None of the passengers got into trouble, but the TSA certainly did with Amtrak.
Posted: 3/7 |
| Oklahoma VA Regional Office Largest in the U.S. |  | The largest employer in Muskogee, Oklahoma? It is the VA Regional Office. "The Muskogee Veterans Administration Regional Office has a big impact on the citys economy while also helping thousands of veterans."
Posted: 3/8 |
| D.C. Circuit Gives Agencies the Specifics About Informal Counseling | The court vacated a previous decision dismissing a class action discrimination case against the Federal Reserve Board for failure to exhaust administrative remedies. At issue was whether the individual complainants offered sufficient specific instances of discrimination during group counseling sessions or participated in the informal process "in good faith."
Posted: 3/5 | | RELATED HEADLINES: |
Previous Articles on FedSmith.com FERS and Your Future Retirement: How Much Will You Receive After Retirement?
How much will you receive in retirement income when you retire? Here are some examples that will demonstrate how your retirement income is calculated. Federal and Postal Disability Retirement under FERS or CSRS: The Law as a Shield of Compassion
When a Federal employee finds his medical condition prevents one from performing one or more of the essential elements of the job, he is considered "disabled" under the Law, and therefore eligible for Federal Disability Retirement benefits. Such an individual will often not be accommodated by the Agency, if only because "accommodation"is a difficult requirement to fulfill. How a Typo Could Delay Your Retirement from Federal Service
The SF 50 is the official form the government uses to determine your retirement eligibility and to calculate your pension. If there is an error or a typo, it could delay your retirement. Find out why you need a copy of all of your SF 50s, and how to review them before you retire. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. FedSmith.com is growing every day as an influential Internet news Web site for the Federal community. Please forward this newsletter to your colleagues so they can also receive our latest news headlines each business day. Go to http://www.fedsmith.com/email_list to sign up for a free subscription, change your email address, or to unsubscribe. Be sure to respond to the confirming email. | Daily TSP Rates | For March 7, 2011 | | | Close | Change | YTD | G | $13.5584 | +0.0034 | +0.52% | | F | $14.2569 | +0.0016 | +0.19% | | C | $15.8977 | -0.1332 | +4.53% | | S | $22.2008 | -0.2975 | +4.5% | | I | $20.9377 | -0.2130 | +4.64% | | L 2050 | $10.2154 | -0.0908 | 0% | | L 2040 | $18.4713 | -0.1450 | +3.73% | | L 2030 | $17.9701 | -0.1217 | +3.33% | | L 2020 | $17.4208 | -0.0942 | +2.82% | | L Income | $14.8714 | -0.0252 | +1.32% | | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com
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