A new study from the Government Accountability Office may bolster the arguments of lawmakers who want to transition retirement-age beneficiaries of Federal Employees’ Compensation Act benefits out of that system and into federal retirement systems.
Prices as of Feb. 7, 2012.
Question: “I am a federal civilian employee with 11 years of service. If I leave my job and join the military, but later want to come back and work as a federal employee, what are my options regarding my annual leave? I have over 150 hours of annual leave accumulated and do not want to take a lump-sum payout if I leave this job. I would prefer to “freeze” the leave, and perhaps someday, if I leave the military, come back and reclaim those hours. Is there a way to do this?”
The Thrift Savings Plan Roth option came a bit closer to becoming a reality last week as the Federal Retirement Thrift Investment Board published proposed rules for administering the new program.
This week in “You Be the Judge,” a Department of Agriculture employee—whom we will refer to as Jane Doe*—pursues an appeal of her employer’s actions in moving her to a lower-ranking job.
What does the September 1939 German invasion of Poland have to do with your January 2013 pay raise? Mike Causey points out the linkage.
A GOP reform package that would make significant changes to the federal retirement system moved forward in the House last week.
A recent, national survey of college students indicates that only a small fraction of them say they plan to work for the federal government—and recent events and media coverage may be partially to blame.
Federal employees who inherit traditional and Roth IRAs from deceased relatives need to be aware of the potential snares that may accompany such an inheritance. This week, “Informed Investor” presents the second of two columns on required minimum distribution (RMD) rules for IRA beneficiaries.