Federal Employees News Digest
» Subscriber Sign In
» Subscribe Now
» Renew Subscription
» Sample Issue
» Trial Subscription
 

Welcome to FederalDaily.com
Federal Daily
FREE! Stay up-to-date on important changes to your federal career

SIGN UP NOW


Banner02
Federal Soup
next posting

Federal Daily - October 29, 2009

President Signs Defense Authorization Bill
OMB Outlines Plan to Grow Acquisition Workforce
House Panel to Consider TSP Improvements
Army’s Social-Media Experiences Yield Lessons for Other Agencies

President Signs Defense Authorization Bill

President Obama on Oct. 28 signed the Fiscal Year 2010 National Defense Authorization Act, H.R. 2647, which ends the National Security Personnel System and includes a range of major changes affecting federal retirement that have been long sought by federal employee unions. Among other things, the law gives those covered under the Federal Employees Retirement System the right to count unused sick leave toward their retirement calculation; updates work rules for reemployed annuitants by allowing them to return to service on a limited, part-time basis without being penalized by an offset of retirement annuity; and lets FERS employees who return to federal service redeposit their annuities and receive credit for years of service. The bill also phases out the non-foreign cost-of-living adjustment system for feds in Hawaii, Alaska and U.S. territories, replacing it over several years with locality pay, which can be counted for retirement purposes. The new law also returns employees under the National Security Personnel System to the General Schedule. The law requires the transition of all employees out of NSPS by Jan. 1, 2012. To see more, go to: www.whitehouse.gov/briefing-room/statements-and-releases.

:: Back to Top ::

OMB Outlines Plan to Grow Acquisition Workforce

The Office of Management and Budget issued guidance on Oct. 27 that requires federal agencies to increase the capacity of the civilian agency acquisition workforce. The guidance is the latest in the Obama administration’s campaign to reduce the use of private contractors and generate $40 billion in annual savings through contracting reform, OMB Director Peter Orszag said. The administration’s Acquisition Workforce Development Strategic Plan for Civilian Agencies – FY 2010-2014 calls for building up the acquisition workforce by expanding internship programs, improving Federal Acquisition Certification programs, and targeting training and development to conform to workforce needs. “We need more well-trained, well-qualified professionals in the federal agencies for effective planning, oversight, and contract management,” said OMB Deputy Director for Management Jeff Zients. To see more, go to: www.whitehouse.gov/omb/news_10272009_contracting_guidance.

:: Back to Top ::

House Panel to Consider TSP Improvements

A House subcommittee next week is slated to take a close look at ways to improve the Thrift Savings Plan (TSP). The House Subcommittee on the Federal Workforce, Postal Service and the District of Columbia will hold a Nov. 3 hearing entitled “Managing the Thrift Savings Plan to Thrive.” According to an announcement posted on the subcommittee Web site, the hearing will examine a range of issues confronting the Federal Retirement Thrift Investment Board as it upgrades TSP’s IT infrastructure and security capabilities, and responds to a changed financial landscape. The TSP currently has 4.2 million participants and holds assets of approximately $234 billion. To see more, go to: http://federalworkforce.oversight.house.gov/story.asp?ID=2654.

:: Back to Top ::

Army’s Social-Media Experiences Yield Lessons for Other Agencies

Government Computer News—Social-networking tools are playing an increasingly important part of the U.S. Army’s strategy for communicating with the public, despite the inherent security risks, according to Lt. Col. Kevin Arata, director of the U.S. Army’s Online and Social Media Division. Those security risks continue to be the subject of considerable debate within the Defense Department, but the U.S. Army nevertheless is seeing important benefits in using social-media applications such as Facebook, Twitter and YouTube, Arata said. Chief among them, Arata said, is the ability to project a presence on social-networking sites and “provide the official Army voice,” he said. To see the complete article, go to: http://gcn.com/articles/2009/10/27/army-see-benefits-in-social-media-presence.aspx.

:: Back to Top ::

Related Products
Subscribe to Federal Daily
Federal Employees Almanac
Retired Federal Employees Almanac
Subscribe to Federal Employees News Digest
Supporting Sponsors
 

Home | Subscriber Sign In | Catalog | Financial Planning & Retirement | Jobs & Careers | Labor & Management | Pay & Benefits | Policies & Practices | U.S. Postal Service
Financial Services | Legal Services | Military | Workplace Technology | Events & Conferences | Our Marketplace | Advertise With Us | Invite A Friend | About Us | Contact Us
 

Privacy Policy

Copyright © 2009 by 1105 Media, Inc. All rights reserved.
Reproduction in whole or in part in any form or medium without expressed written permission
by 1105 Media, Inc. is prohibited.

1105 Government Information Group | Contingency Planning | Defense Systems | Environmental Protection | FCW | FederalSoup | FOSE
GCN | Gov Sec US Law Ready | Network-Centric Security | Occupational Health & Safety | Security Products | Washington Technology | Water & Wastewater News

1105 Government Information Group
3141 Fairview Park Drive, Suite 777
Falls Church, VA 22042
703-876-5100