New England College Online MA in Public Policy One of few pure public policy degrees, offered completely online at New England College. Apply today! (Advertisement) Daily Headlines for October 14, 2010 | No Federal Survivor Annuity After 35 Years of Marriage | After some thirty-five years of marriage, a woman filed for divorce. Before the divorce was finalized, her husband retired from the Army. He elected a survivor’s annuity for his spouse even though they were in the process of getting a divorce. When the ex wife filed paperwork with OPM to receive her survivor annuity after her former husband died, the agency turned her down and the court upholds the ruling to deny her the annuity.
Posted: 10/13 | | RELATED HEADLINES: |
| Will We Miss Two Paid Holidays During This Christmas Season? | Some people are apparently planning ahead and are very curious about their paid holidays (or lack of them) during the upcoming Christmas season. For those who asked (or were even thinking about the question) here is the answer you are undoubtedly hoping to get.
Posted: 10/14 | | RELATED HEADLINES: |
| Health Insurance and Your Wallet | In addition to rising health care costs, OPM attributes the 2011 health insurance increase to new benefits for plan participants. Will you use these new benefits or are you just paying for benefits for someone else to use?
Posted: 10/14 | | RELATED HEADLINES: |
| Social Security as a Political Issue | On Friday, Social Security recipients and federal retirees will learn that they won’t receive higher benefits for the second year in a row. Inflation statistics released then are expected to confirm that the consumer price index isn't rising high enough to allow the Social Security Administration to increase benefit amounts. Politicians are seeking a political advantage from the issue.
Posted: 10/14 |
| Federal Employee Unions Gone Wild | "Governments have been known to turn on their people, executing opponents. To have government employees engaging in this sort of imagery suggests an implied threat to turn the armed force government monopolizes against poltiitcal opponents."
Posted: 10/13 |
| The Telework Tipping Point | For better or worse, the federal government may be ready to leap into telework for many in its workforce.
Posted: 10/14 | | RELATED HEADLINES: |
| Bid $6.2 Million on This Federal Contract: "No more, no less" | A decorated Green Beret who received a Purple Heart and a bronze star later worked with the Army Corps of Engineers, helping to rebuild refineries, roads and schools. He bought a $1.1 million home in Pennsylvania. He helped review and award millions in bids from foreign contractors and allegedly told a company: "I need at least 400K ... I made you a lot of profit." The Corps of Engineers employee has been released on bond faces charges of conspiracy to defraud the U.S. and money laundering. The money laundering count carries a 20-year maximum prison sentence.
Posted: 10/14 | | RELATED HEADLINES: |
| Hitting the Bunkers Early | Based on the recent appointments of the two most powerful staff positions in the White House, and on various statements, it would appear that the White House is descending deeper into the bunker in anticipation of the expected shift in congressional majorities next year.
Posted: 10/13 |
| How Many Data Centers Do We Have? | How large is the federal government? The number of federal data centers is nearly double what the Office of Management and Budget thought it was.
Posted: 10/14 |
| Beware of Your Corporate-Speak | Fast-tracking. Determining metrics. Capturing action items. Maybe it would be better if we all just spoke and wrote to each other like we were human beings.
Posted: 10/13 | | RELATED HEADLINES: |
Previous Articles on FedSmith.com Retirement Credit for Military Service
Military service is generally creditable for civilian retirement, but it must be paid for by the employee. This is referred to as "buying back" the military time, or making the "military deposit." Sometimes it pays to buy back the time and other times it does not. Mandatory Unpaid Leave for Federal Employees in 2011?
A bill has been introduced that would allegedly cut $5.5 billion from the federal budget by requiring two weeks of mandatory unpaid leave for federal employees. The bill is also designed to ensure "that federal workers are not sheltered from the realities of life in today’s economy." What About Your 2011 COLA? Forget About It!
What is the current likelihood of a COLA increase in 2011? It is very unlikely there will be any increase for federal retirees or Social Security participants. Here's why. 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 October 13, 2010 | | | Close | Change | YTD | G | $13.4233 | +0.0008 | +2.32% | | F | $14.5005 | +0.0064 | +8.74% | | C | $14.1863 | +0.1019 | +7.33% | | S | $19.0745 | +0.2127 | +15.88% | | I | $19.5132 | +0.1798 | +5.27% | | L 2040 | $16.9212 | +0.1173 | +8.23% | | L 2030 | $16.6257 | +0.1004 | +7.54% | | L 2020 | $16.3291 | +0.0803 | +6.59% | | L 2010 | $15.8319 | +0.0276 | +4.02% | | L Income | $14.4500 | +0.0251 | +4.1% | | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com
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