Federal Drive
-
More than a million military service members participate in the so-called blended retirement system. It lets them make TSP-style savings contributions that are portable. The funds go with them when they leave the military. But there is more to financial readiness, something to think about in a high-spending season.
December 15, 2023 -
In today's Federal Newscast: Service members will see basic allowance for housing rates increase by an average of 5.4% starting January 1. Senate Republicans say they smell a rat in the case of the missing OPM use-of-official-time webpage. And a bipartisan bill in Congress aims to increase the salary of VA radiation specialists from an annual $195K to $280K.
December 15, 2023 -
The war in Ukraine, and to some extent Israel, have drained away U.S. weapons and ammunition stockpiles. Numerous studies have cited a shortage of shells, missiles and launch platforms, as well as whether the industrial supply chain and the military's own organic supply chain have the capacity to sustain the demand. For one informed view, the Federal Drive with Tom Temin talked with Al Abramson, the Vice President of Strategic Engagement with the National Armaments Consortium and a retired U.S. Army brigadier general.
December 14, 2023 -
With the markets going stong, more TSP millionaires emerge. Here's how you can join their ranks.
December 14, 2023 -
Even in today's inflationary times, the word millionaire has a certain cachet. With a little self discipline and the power of compound interest, millionaire status is available to federal employees who make wise use of the Thrift Savings Plan.
December 14, 2023 -
The U.S. Agency for International Development (USAID) is known for operating around the globe. Now it has a geospatial strategy it hopes will improve the decision-making and, ultimately, the effectiveness of its aid programs. For details, the Federal Drive with Tom Temin spoke with Carrie, Stokes, USAID's Chief Geographer.
December 14, 2023 -
In today's Federal Newscast: The Office of Personnel Management serves up a few onboarding reminders. The 2024 National Defense Authorization Act clears its latest hurdle. And Sen. Joni Ernst wants feds fired who get convicted of a sexual assault.
December 14, 2023 -
Education performance in developed countries, and in the United States, is a mixed bag. That is according to the latest Programme for International Student Assessment (PISA), a periodic project of the Organization for Economic Cooperation and Development. In the U.S., math performance by 15-year-olds was worse than in 2018, among the lowest ever. Reading and science held steady. For analysis of what the results mean, the Federal Drive with Tom Temin spoke with Ryan Tauriainen, the Executive Director of Teach For America's D.C. region.
December 13, 2023