Employee Groups Air Their Disappointment With Biden’s 2% Raise Proposal
Multiple groups representing federal employees expressed their displeasure this week at the White House’s proposed pay raise, noting that it falls both behind the cost of inflation and military compensation. Click HERE for further details.
President Joe Biden last week issued an executive order creating labor-management forums at federal agencies to promote better relationships between management and front-line workers.
The EO also requires agencies to work with the unions to create the plans for implementation that they have to submit to Office of Personnel Management (OPM). Click HERE to read more.
OPM Retirement Backlog Cut 6% in February
More retirement claims were processed in February which helped reduce the OPM retirement backlog.
The number of federal employees’ retirement claims processed last month rose sharply which helped to reduce the OPM retirement backlog from last month’s spike.
The Office of Personnel Management processed 10,025 retirement claims in February, 55% higher than in January. This helped to reduce the backlog by 6%, going from 20,822 at the end of January to 19,591 at the end of February. Click HERE to read more.
Is it Time To Get Rid of OPM?
COMMENTARY | One former House human resources official says it is.
On Feb. 6, in a stunning case of what Baseball Hall of Famer Yogi Berra once so eloquently referred to as “déjà vu all over again,” the Government Accountability Office released a report blasting the Office of Personnel Management — the U.S. government’s in-house human resources office, responsible for recruiting, benefits, payroll, and the overall management of the federal workforce — for its failure to address ongoing severe data management and security flaws, which continue to jeopardize both the personal data of federal employees in addition to the personal data of anyone who applies for a federal job using the USA Staffing/USA Jobs portal. Click HERE to read more.
Did You Know This About The TSP?
Learn a little more about the government’s 401(k)-style retirement plan.
The Thrift Savings Plan is the cornerstone of the Federal Employees Retirement System created in 1986. By understanding the key elements of the program, federal employees and uniformed service members can create a retirement plan that may be achieved sooner and be more comfortable thanks to the efforts made by the TSP to encourage new hires to take advantage of the retirement savings program starting on day one, by keeping all participants informed on ways to manage their TSP and making the most of changes that allow greater choice and options. Click HERE to read more.