Wednesday, May 31, 2017

TSP-3 Form Designation of Beneficiary Just Updated


TSP-3 Form Designation of Beneficiary

TSP-3 Form Designation of Beneficiary Snippet of Article: "...If you are filing a new TSP-3, make sure that it has the date 5/2017 on it; all previous versions are obsolete and will not be accepted by the TSP. You can download and/or print copies of the new form from the “forms and publications” section of the TSP website https://www.tsp.gov/PDF/formspubs/tsp-3.pdf..."
Source: www.fedweek.com

TSP-3 Form, Designation of Beneficiary (TSP),

Monday, May 22, 2017

6 percent pay cut over next six years? 2018 Budget Reportedly Targets Federal Retirement Programs

2018 Budget Reportedly Targets Federal Retirement Programs

Snippet of Article: "...will require federal workers to contribute an additional percentage point to the Federal Employee Retirement System each year until they match the federal contribution, likely within five to six years. The total increase in cost to employees would be around 6 percent at the end of the phase-in period. Additionally, the government would base the value of employees’ retirement benefits on the average of their highest five years of earnings..."

Source: www.govexec.com

Thursday, May 18, 2017

No-nonsense Sheriff David Clarke to serve as a Deputy Secretary of Homeland Security

Sheriff David Clarke says he's accepted DHS job

Snippet of Article: "...Sheriff David Clarke of Milwaukee County, Wis., said Wednesday he has accepted a job in the Department of Homeland Security..."

Source: thehill.com

Deputy Secretary of Homeland Security, David Clarke,

Wednesday, May 17, 2017

Postal employees’ pay raise in the works as union contract nears final approval

Postal employees’ pay raise in the works as union contract nears final approval

Snippet of Article: "...According to the tentative labor contract, letter carriers would receive a 1.2 percent pay raise that would retroactively start on Nov. 26, 2016, then receive a 1.3 percent pay raise that would take effect on Nov. 25 this year. Postal employees currently at Grade 2 of NALC’s letter carrier pay scale would receive a 2.1 percent pay raise, effective Nov. 24, 2018, while Grade 1 employees would move up to Grade 2..."

Source: federalnewsradio.com

NALC Contract,

Friday, May 12, 2017

Malware, described in leaked NSA documents, cripples computers worldwide

Malware, described in leaked NSA documents, cripples computers worldwide

Snippet of Article: "...Europe, Latin America and parts of Asia were hit particularly hard, although in the United States, FedEx also reported falling prey to the malware. The attack was the latest in a growing menace of “ransomware,” in which hackers deliver files to computers that automatically encrypt their data, making it unusable — until a ransom is paid...."

Source: www.washingtonpost.com

ransomware, National Security Agency (NSA),

Tuesday, May 9, 2017

FERS Military Deposit: How to Use Military Service to Increase Your FERS Pension

How to Use Military Service to Increase Your FERS Pension

Snippet of Article: "...There’s a provision in FERS that allows you to make a deposit, or “buy back”, your active duty military service—and that time will count as creditable service for FERS retirement. Creditable service is important because it’s used to figure out when you can retire with a FERS pension AND how much your monthly pension will be..."

Source: www.fedsmith.com

FERS Military Deposit

Monday, May 8, 2017

Electing Survivor Benefits if You Marry after Retiring

Electing Survivor Benefits if You Marry after Retiring

Snippet of Article: "...Under the Federal Employees Retirement System, you can elect either a full survivor benefit (50 percent of your unreduced annual basic benefit), or a partial survivor benefit..."

Source: government-employee-news.blogspot.com

survivor benefits

Friday, May 5, 2017

Trump Bump: Job gains rebound, unemployment drops to 4.4 percent

U.S. April job gains rebound, unemployment drops to 4.4 percent

Snippet of Article: "...U.S. job growth rebounded sharply in April and the unemployment rate dropped to a near 10-year low of 4.4 percent, signs of a tightening labor market that could seal the case for an interest rate increase next month despite moderate wage growth..."

Source: www.reuters.com

Tuesday, May 2, 2017

FBI translator married ISIS terrorist she was supposed to investigate

FBI translator married ISIS terrorist she was supposed to investigate

Snippet of Article: "...An FBI translator who was assigned to investigate a bloodthirsty ISIS terrorist wound up falling head-over-heels in love with the man — and married him instead, a report says..."

Source: nypost.com