VA Undersecretary for Benefits Paul Lawrence joined Federal Drive with Tom Temin to describe what he’s hearing and telling the veterans.
Although looking back on the first couple of months of 2020 might seem like the Good Old Days, benefits expert Tammy Flanagan said, “It was already destined to be pretty rocky” being an election year and all. But, then, of course, came the coronavirus pandemic.
For obvious reasons, nobody has a handle on where cost of living adjustments or health care costs/insurance premiums will end up.
In a unanimous decision Wednesday morning, the Federal Retirement Thrift Investment Board voted to defer the implementation of a new, China-inclusive index for the international fund. The board members cited ongoing economic uncertainty from the coronavirus, as well as the president’s three new nominees to FRTIB, as reasons for their decision.
Windfall Elimination Provision and Government Pension Offset cost millions of federal and public employees even more millions in dollars of benefits.
Under the Heroes Act, the $3 trillion coronavirus relief package House Democrats unveiled Tuesday, eligible federal employees would keep teleworking through the end of the year, while those working on the frontlines of the government’s pandemic response could receive up to $10,000 in additional premium pay.
In a rare move, the White House on Monday ordered the Federal Retirement Thrift Investment Board to “immediately halt” plans to transition the international fund to a new, China-inclusive benchmark.
Do you find yourself wistfully looking back to the good old days of 2008-09? If so, welcome to what may be a fast-growing club.
An independent assessment by the Defense Business Board found DoD’s chief management officer is “nearly unanimously” viewed as ineffective — partly because the CMO was never set up for success.
In a letter to House leadership, a group of congressional Democrats said new paid parental leave benefits should extend to federal employees who recently had or will have a new child before the original Oct. 1 implementation date.
Over the past five months, there have been some major changes to the tax code that could impact the amount you pay and how effectively you use the money in your Thrift Savings Plan, if at all.
A few more feds parted ways with the government last month, but still no more than they did a year ago.
The need for long term care can happen at any time, not just in your later years, so making decisions about this type of care be difficult.
Professional Managers Association President Chad Hooper said some areas of the IRS mission are moving ahead, but others will take “a very long time” to return to normal.