Survey on Enhanced Security Procedures Will Your Decision to Fly be Impacted by Stricter Security Procedures? Take our survey and send in your opinion. We will publish the results next week. Daily Headlines for November 17, 2010 | Raiders of the Lost Art: "Overtime Lawyer" Loots Treasury (Legally) | A few months ago, a colleague forwarded to the author a number of recent arbitration decisions which had gone against Federal agencies and had resulted in tens of millions of dollars in overtime payments to bargaining unit employees wrongly designated as exempt from the FLSA. The overtime and associated costs paid by multiple Federal agencies in arbitration decisions or in settlements reached by the parties was truly staggering.
Posted: 11/16 |
| Confident About Your Health Plan Choice? | When choosing a health plan, there are usually about 20 plans to choose from and you must make difficult tradeoffs between cost, benefits, providers, and satisfaction. This suggestion may make your decision easier.
Posted: 11/17 | | RELATED HEADLINES: |
| Difficult Decision on Federal Employee Pay Increase | President Obama may have to choose between satisfying his base or placating independents who moved into the Republican camp in the midterm elections in part on their frustration over the growth of government in the past two years.
Posted: 11/17 |
| Body Scans of Visitors and Civil Servants Now Online | "At the heart of the controversy over 'body scanners' is a promise: The images of our naked bodies will never be public. U.S. Marshals in a Florida Federal courthouse saved 35,000 images on their scanner. These are those images."
Posted: 11/16 | | RELATED HEADLINES: |
| Collecting Back Taxes From Federal Employees Isn't Easy Says IRS | Retired military personnel owe $1.5 billion in back taxes. Other big scofflaws: Employees at the Postal Service owe $283 million and VA employees owe $156 million. Back taxes are also owed by employees in the Executive Office of the President: $831,000.
Posted: 11/17 |
| Trying to Recover Investment Losses |  | A Ponzi scheme that targeted federal employees led to the suicide of the man running the scam. A growing number of investors scammed by Kenneth Wayne McLeod are seeking to recoup their losses by filing claims against brokerage firms affiliated with McLeod.
Posted: 11/17 |
| Another Plan to Cut Federal Deficit | A panel of experts is set to recommend a complete overhaul of the U.S. tax code as the way to address the nation's fiscal problems. The plan would lower income and corporate tax rates and offset them with a 6.5% national sales tax as well as an excise tax on sugar drinks like soda. Another proposal would encourage people to purchase private insurance plans by charging higher premiums for Medicare if costs rise faster than certain limits.
Posted: 11/17 | | RELATED HEADLINES: |
| TSA Now Putting Hands Down Fliers' Pants? | The TSA's invasive new screening measures include officers literally putting their hands down people's pants if they are wearing baggy clothing according to the account of radio host Owen JJ Stone and his flying experience this past weekend.
Posted: 11/16 |
| Living the Good Life After Leaving the Postal Service | Postmaster General John E. Potter could receive about $5.5 million in deferred compensation, retirement benefits and accrued annual leave for the rest of his life when he leaves the Postal Service next month.
Posted: 11/17 |
| How You Could Save $45,000 or More on Your FEGLI | As a federal employee, you enjoy an excellent benefits package with many types of insurance coverage available to you. However, private-sector insurance alternatives for which you may be eligible could save you tens of thousands of dollars over time.
Posted: 11/15 | | RELATED HEADLINES: |
Previous Articles on FedSmith.com 1.6% Pay Raise for 2012?
Despite the election year rhetoric, it is still possible to come up with an estimate of your future pay increase based on past actions by Congress and the President. "Deposit Service" And Your Federal Employee Retirement
Will federal "deposit service" impact your federal retirement annuity? It may impact CSRS and FERS employees in different ways. Here is an explanation of how this could impact your future retirement income. Being Politically Correct in America: Have We Gone Too Far or Not Far Enough?
Does America try too hard to be politically correct? Do we try hard enough? Should the federal government be more or less active in enforcing political correctness in its policies? Take this survey and send in your views. 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 November 16, 2010 | | | Close | Change | YTD | G | $13.4499 | +0.0007 | +2.52% | | F | $14.3502 | +0.0299 | +7.62% | | C | $14.2158 | -0.2303 | +7.55% | | S | $19.2604 | -0.3645 | +17.01% | | I | $19.1364 | -0.5077 | +3.23% | | L 2040 | $16.8772 | -0.2610 | +7.94% | | L 2030 | $16.5915 | -0.2232 | +7.32% | | L 2020 | $16.3034 | -0.1791 | +6.42% | | L 2010 | $15.8403 | -0.0571 | +4.07% | | L Income | $14.4577 | -0.0521 | +4.16% | | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com
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