TSP-3 Form Designation of Beneficiary
Source: www.fedweek.com
News for the federal worker and those interested in official news of the federal government, federal civilian service employees and civil servants. Various federal news articles with reference citations.
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.comSnippet of Article: "...Sheriff David Clarke of Milwaukee County, Wis., said Wednesday he has accepted a job in the Department of Homeland Security..."
Source: thehill.comSnippet 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.comSnippet 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.comSnippet 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.comSnippet 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.comSnippet 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.comSnippet 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.comSnippet of Article: "...It also created delays in the processing of Social Security checks, staff shortages at federal prisons, the closure of childcare facilities at military bases and fewer workers at the Food and Drug Administration to work on drug approvals. Mulvaney did not say how many vacancies in the federal government would be filled after the freeze is lifted..."
Source: thehill.comSnippet of Article: "...Former Obama official Susan Rice’s claim just a few months ago that the Assad regime “voluntarily and verifiably” gave up its chemical weapons stockpile earned a full rebuke from a prominent fact-checker on Monday in the wake of last week’s chemical attack. The Washington Post fact-checker gave the former national security adviser a rating of “four Pinocchios” -- the worst rating on their truth scale..."
Source: www.foxnews.comSnippet of Article: "...An extensive and complex paper trail for requests to the National Security Agency about the identities of people in President Trump’s transition team in sensitive intelligence surveillance probably exists, including requests made by former National Security Advisor Susan Rice, according to information sharing procedures signed into law by the outgoing Obama Administration..."
Source: www.foxnews.comSnippet of Article: "...The department has found "systemic compensation disparities against women pretty much across the entire workforce," Labor Department Regional Director Janette Wipper testified in a court in San Francisco on Friday, according to a report by The Guardian. Janet Herold, the department's regional solicitor, told the Guardian that pay discrimination against women was extreme..."
Source: www.pcworld.comSnippet of Article: "...The United States launched nearly five dozen cruise missiles at a Syrian airfield early Friday in response to a chemical weapons attack that killed dozens of civilians, the first direct assault on the Damascus government since the beginning of that country's bloody civil war in 2011. "It is in the vital national security interest of the United States to prevent and deter the spread and use of deadly chemical weapons," President Donald Trump said..."
Source: www.foxnews.comFirst Lady Melania Trump |
Snippet of Article: "...The Justice Department warned U.S. companies that it would investigate and prosecute employers that overlook qualified Americans for jobs. The stern message came on the same day as employers started to apply for coveted visas known as H-1B, which are used mostly by technology companies to bring in programmers and other specialized workers from other countries..."
Source: www.foxnews.comSnippet of Article: "...Calls to make it easier to fire a federal employee by decreasing due process rights or speeding up the removal process are ‘dog whistles’ for making the career service subject to the partisan or personal whims of a few supervisors or political appointees,” American Federation of Government Employees President J. Daniel Cox Sr. said in a March 23 statement. “Due process rights, including union rights, for civil servants at DoD or other agencies provides accountability to the public for both managers and political appointees and is a cornerstone of our system of democracy and should not be treated as expendable..."
Source: federalnewsradio.comSnippet of Article: "...U.S. senators voted 50 to 48 to approve a joint resolution from Sen. Jeff Flake (R-Ariz.) that would prevent the Federal Communications Commission's privacy rules from going into effect. The resolution also would bar the FCC from ever enacting similar consumer protections. It now heads to the House..."
Source: www.washingtonpost.comSnippet of Article: "...The F.B.I. director, James B. Comey, publicly confirmed an investigation into Russian interference in the presidential election and whether associates of the president were in contact with Moscow. ■ Mr. Comey also said the F.B.I. had “no information” to support President Trump’s allegation that Barack Obama wiretapped him..."
Source: www.nytimes.comAmerica First Budget Blueprint 2018 |
Snippet of Article: "...When WikiLeaks released Vault 7 (https://wikileaks.org/ciav7p1/), a series of leaks on the CIA hacking, people who use secure messaging apps were alarmed. The press release (https://wikileaks.org/ciav7p1/#PRESS) accompanying the trove of documents (https://wikileaks.org/ciav7p1/index.html) stated that the CIA was able to “bypass” the encryption of secure messaging tools–including Signal (https://play.google.com/store/apps/details?id=org.thoughtcrime.securesms&hl=en)– “by hacking the ‘smart’ phones that they run on and collecting audio and message traffic before encryption is applied..."
Source: www.slate.comSnippet of Article: "...The government’s report Wednesday on October Personal consumption expenditures (PCE) showed no growth in annualized inflation. The core rate remains at 1.7%, the same as the prior two months..."
Snippet of Article: "...Chaffetz and Goodlatte called on the government watchdog within the Department of Justice to investigate this leaking of potentially classified information, citing "serious concerns" over the protection of classified information, a potential violation of laws separating intelligence gathering from law enforcement and a possible risk to national security..."
Source: www.cnn.comSnippet of Article: "...People who stuck with the U.S. stock index funds during the recession and recovery, and who continued to buy even though the market was down, got a happy surprise. When the markets recovered, their TSP balances soared. For several years, they had been buying low...Many stock market forecasters said a victory by Donald Trump over Hillary Clinton would crash the U.S. stock markets. It didn’t happen..."
Source: federalnewsradio.comNOTES FROM THE WILD:
Are you a Trump Hater and listened to the emotional 'haters', pulling money out of riskier TSP funds, opting for the secure, low-performing 'G' Fund? Big mistake, huh? Will you miss out again by not buying the current dip? These basic investment principles are tried and tested: Buy low, sell high, diversify, Invest for the long-term. What did Warren Buffett do when Trump won the election? The opposite of what most Obama/Clinton lovers did. Warren Buffett bought $12 billion of stock after Trump won
Content contained on or made available through the website is not intended to and does not constitute legal advice or investment advice
Snippet of Article: "...VERAs allow employees with the right combination of age and service to retire early: at age 50 with 20 years of service or at any age with 25 years of service. However, there are different rules that apply to CSRS and FERS employees who meet the age and service criteria. Under CSRS, your annuity will be reduced by..."
Source: www.fedweek.comSnippet of Article: "...Trump announced the move on Twitter, and said the probe will focus on “those registered to vote in two states, those who are illegal and even those registered to vote who are dead (and many for a long time)..."
Source: www.foxnews.comSnippet of Article: "...Trump vowed during the campaign to withdraw the US from the Pacific trade deal, commonly known as TPP, which he argued was harmful to American workers and manufacturing..."
Source: cnn.comSnippet of Article: "...Priebus complained about a press pool report that said the bust of Martin Luther King Jr had been removed from the Oval Office. The report on Friday night was quickly corrected ..."
Source: www.reuters.comPresident Donald Trump |
Snippet of Article: "...past statements made over five years ago about abolishing the Department of Energy do not reflect my current thinking,” Perry said in his opening statement. “In fact, after being briefed on so many of the vital functions of the Department of Energy, I regret recommending its elimination.” After addressing the defining moment of his national political career, Perry touched on the politically sensitive topic of climate change, saying he believes the climate is changing..."
Source: www.washingtonpost.comSnippet of Article: "...authorized an average pay raise for 2017 of 2.1 percent, instead of the 1.6 percent he submitted in August. “However, in light of the decision of Congress to provide a 2.1 percent pay increase for military personnel in 2017 and reconsideration of current and projected economic conditions, I have concluded it would be appropriate to revise my original alternative plan for locality payments..."
Source: www.washingtonpost.comSnippet of Article: "...In today’s dollars, a 1% increase in health care contributions is equivalent to an increase of approximately $70 per year for self-only coverage and between $100 and $160 per year for family coverage, depending on the particular health plan selected. These amounts automatically are paid with pre-tax dollars, so the actual out-of-pocket cost to each Mail Handler should be less by the percentage of income taxes usually paid..."
Source: npmhu317.blogspot.comSnippet of Article: "...How much of a pay raise will federal employees receive in 2017? As expected, President Obama has just issued an “alternative pay plan” that resolves the matter by issuing an alternative pay plan to Congress. The alternative pay plan is published in its entirety..."
Source: www.fedsmith.comSen. Jeff Sessions |
President (Elect) Donald Trump |
The Democratic Plan to Stop Robert F. Kennedy Jr. in 2024 Snippet of Article: "Democrats and the Biden campaign, after months...