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Proposed 2021 Budget Would Eliminate Some Benefits

Recently, the White House released its fiscal year 2021 budget proposal. The proposed $4.8 trillion budget makes some significant cuts to federal employees’ benefits and retirement programs.
For many the proposals sound familiar. This is because they have been seen in many past budget proposals. Up to now, none of […]

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TSP Posts Gains as New Funds Come Online

The stock market gave a warm welcome to the new lifecycle funds, now available in five-year increments.
The 401(k)-style retirement savings program launched by the federal government has seen every portfolio end the month of July in red, with funds being slow to recover from the unpredictable volatility that had […]

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Feds’ Pay Increase Doesn’t Make House-Passed Funding

The House Committee on Appropriations has evaluated and approved the FY 2021 general funding legislation, albeit without any provisions for a pay hike for federal employees.
The bill was approved and passed by the Subcommittee on Financial Services and General Government, which was then presented to the full committee on […]

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Degree requirements are on the way out for federal jobs

Friday saw the Office of Personnel Management release a new timeline that removed all degree eligibility requirements from numerous job listings at the federal level. This move is part of a new policy that seeks to transform the hiring process into an assessment-based system.
This transition will commence from August […]

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Disagreements continue over government role in pandemic reopening

Democrats and Republicans in Congress are disagreeing about what sort of example the US federal government has to establish for returning back to work.
Certain conservative members argue that it’s the government’s responsibility to take the lead by resuming in-person operations and reopening all federal offices. On the other hand, […]

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