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Federal Retirement Processing Time On The Rise

This Is Why It Takes Time to Process Your Federal Retirement
 
If you work in the federal government, then you would already know that it takes considerable amount of time to process retirement from the job.
The current mean monthly processing time for the federal retirement system decreased in August after steadily increasing over the summer, coinciding with a jump in retirement requests for the period of July, according to statistics from Office of Personnel Management of the White House, which has the crucial […]

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Why Government Jobs Do Not Interest College Graduates

Recent Survey Shows That College Graduates Shun Government Jobs
A Qualtrics survey interestingly concludes that a delayed hiring process, a lack of information of available positions, and outmoded or superfluous criteria in job postings are deterring applicants for federal employment at a period when the government is experiencing a personnel shortfall.
In order to comprehend viewpoints on a career in federal service, this research was carried out in April 2022. It found 1,129 American citizens who are or have recently registered in a post-secondary […]

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Studies Show That Staff Shortages Are Causing Burnout amongst Government Workers

Studies Show That Staff Shortages Are Causing Burnout amongst Government Workers
In this article, we will discuss the reasons why burnout rates are so incredibly high in employees who are from the government sector as compared to employees from the private sector and what these employees believe will reduce these rates.
According to a report, a third of government employees are preparing to leave their positions since more than half of them say they feel burned out at work. This statistic is […]

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US State Department establishes a one-stop center to assist veterans

US State Department establishes a one-stop center to assist veterans
Good news!
The United States Department of State stated that it has started an institutional program to help the veterans it hires find their way around a complicated bureaucracy in their post-military careers.
The Veterans Support Program is advertised as a single point of contact for all past active-duty service members and active reservists and guard members to access service-related information or to address concerns.
Veterans make up about 20% of the State […]

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Want To Become A Government Contractor? Here is How Business Partnering Can Help You!

Want To Become A Government Contractor? Here is How Business Partnering Can Help You!
You start your own firm because you desire to be your own boss is every entrepreneurs dream. An independent spirit and the ability to succeed on your own are advantages for business owners.
But if medium and small enterprises deliberately work with some other organizations, it can assist – a lot — once they start vying for public contracts.
There are numerous methods for achieving this:

Obtaining employment as […]

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TSP Management Promises Stability In Its Recordkeeping Transition

TSP Management Promises Stability In Its Recordkeeping Transition
Government officials overseeing the 401(k) savings plan concerned with retirement guaranteed users of stability in the Thrift Saving Plan’s troublemaker transition. The transition involved acquiring a new recordkeeping service provided by Accenture Federal Services. Ever since June 1, when the new collaboration began, participants showed unanimous disapproval of the website transformation.
Although the new look was created to increase the security of the log-in process and introduce new features, the change was met […]

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The Latest Updates On The House Bill and More

The Latest Updates On The House Bill and More
On July 12, 2022, the House passed a bill aimed at transforming the retirement process for several Federal first responders who get wounded or harmed during service and are thus required to seek other Federal jobs.
The previous retirement program catered to federal employees such as law enforcers and firefighters. They are required to pay more for their pension benefits with every monthly paycheck in order to receive a fixed annuity after […]

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How the Biden Administration is Easing The Public Service Loan Forgiveness

Steps By the Biden Administration to Ease The Public Service Loan Forgiveness
The Biden administration recently shot two birds with one stone. In an attempt to increase participants for the federal government, the government ended up making borrowing less strenuous for people.
In July, the federal loan forgiveness program became easier to apply for after the Education Department introduced a new regulation of 750 pages for this purpose. The latest modifications in the program enable borrowers to get rid of debt […]

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Meet the New Leader of the TSP Fund

Meet the New Leader of the TSP Fund
As of July 2022, the C Fund is no more the biggest Thrift Saving Fund. Although it still sits in the top 5 core funds, the position of number 1 is now acquired by the G Fund. According to market performance, it can be approximated that the G Fund holds around $215-220 billion.
This rise in the position of the G Fund is primarily attributed to its non-volatile nature. While the other funds […]

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Discover the Time-Saving Idea Of a Navy Reservist

Discover the Time-Saving Idea Of a Navy Reservist
A couple of years ago, the idea of Navy reservists using an app for assembling their mobilization documents felt like a dream. Although this could considerably reduce the handiwork, the idea was never taken into consideration.
However, this was only until a Navy officer gave it a serious thought. Lt. Cmdr. Jonathan Calhoun, assigned to the Maritime Operations Center, was completing one of his mobilization exercises with truckloads of paperwork when he came […]

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