Federal Employees News Digest

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House members protest DOD furlough policy

More than two dozen House lawmakers this month registered their objections to Defense Secretary Chuck Hagel's decision to furlough DOD civilian employees for 11 days over the remainder of the fiscal year.

Treasury to halt retirement fund investments

Treasury Secretary Jack Lew this month informed congressional leaders that the Treasury Department will begin to implement "the standard set of extraordinary measures" to protect the nation's credit standing now that Congress's suspension of the debt limit has expired.

Thrift Savings Plan Share Prices

Share prices as of May 21, 2013.

Furloughed feds get credit union help

The National Association of Federal Credit Unions said that furloughed feds suffering the financial effects of sequestration may be able to get help from their credit unions.

VA attacks claims backlog on several fronts

The Department of Veterans Affairs over the last month has announced a series of measures aimed at eliminating the organization's compensation claims backlog.

Insight by Mike Causey: Good news, bad news

For most Americans, the federal government most of the time consists primarily of the Postal Service and the IRS. But now feds seem to be in the public eye 24/7. The result: Good news, bad news.

Informed Investor: If eligible, most employees should make military deposits: Part II

In the second of two columns discussing deposits for prior and current military service, this week’s column discusses when an employee has to make a military deposit to get credit for CSRS or FERS retirement eligibility and for use in the computation of CSRS or FERS annuities.

SEA defends performance awards

A senator this month introduced a bill that would prohibit performance awards to members of the Senior Executive Service during sequestration periods, but the organzation that represents senior execs disputes the bill's premise.

CBP plan would head off furloughs

Congressional appropriators have been asked to approve an administration plan that would allow the Customs and Border Protection to reprogram funds in order to eliminate furloughs.

IRS fills in furlough details

The Internal Revenue Service this month released specifics on furloughs at the agency.

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