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Union, groups concerned about proposal to privatize aviation system

The American Federation of Government Employees along with seven other groups that represent the Federal Aviation Administration employees has sent a letter to lawmakers expressing their opposition to a proposal to privatize the air traffic control system.

USPS continues to operate in the red

The United States Postal Service on May 10 reported a net loss of $562 million in the second quarter of fiscal year 2017, indicating an urgent need for postal reform.

Lawmakers, watchdogs blast anti-whistleblower memo

Lawmakers and good government groups are blasting agency leaders for unleashing a possibly illegal order—one that instructs employees that they must inform their bosses prior to blowing the whistle on workplace problems, and even before engaging in any communication with Congress.

OPM claims backlog reduced a tad

The Office of Personnel Management put a small dent in its backlog of retirement applications last month, but also received fewer claims.

Trump fires FBI director

President Trump tweeted that FBI Director James Comey had lost the confidence of Congress and other senior federal officials after his termination from the intelligence agency on May 9.

Understanding the FERS Retiree Annuity Supplement and How It Is Calculated - Part II

In the second of two columns explaining the FERS retiree annuity supplement, this week’s column explains the computation of the retiree annuity supplement and the possible reduction of the retiree annuity supplement because of an annuitant’s excess “earned” income. Also presented is what an annuitant has to do each year in reporting his or her “earned” income. Please confirm receipt.

Former VA official wins appeals case related to termination

A former director of the Department of Veterans Affairs hospital in Phoenix linked to the VA wait time scandal has won a victory in federal court concerning her termination.

Feds honored during Public Service Recognition Week

Celebrated since 1985, this week marks the 32nd annual Public Service Recognition Week, which aims to honor federal, state, county and local government employees. From May 7-13, events throughout the country will be held to pay tribute civil servants and the work they do for their communities and the country.

The boom will always bust

If you are in a happy thoughts period of time, my apologies. But remember, every silver lining has a cloud. And every bull market (such as the one we are in now) has bear on his trail. And tail.

Senate introduces bipartisan legislation to give VA Secretary increased firing authority

A bipartisan group of Senators has announced an agreement on details of a bill that would make it easier to fire federal employees at the Department of Veterans Affairs.

Former VA director wins U.S. appeals case relating to wait-time scandal

A former director of the Department of Veterans Affairs hospital in Phoenix linked to the VA wait time scandal has won a victory in federal court concerning her termination.

Informed Investor: Understanding the FERS Retiree Annuity Supplement and How It Is Calculated - Part I

A few questions have recently appeared in FEND’s FederalSoup “question and answer” online forum concerning the FERS retiree annuity supplement. In the first of two columns explaining the retiree annuity supplement, this week’s column discusses which FERS employees are and are not eligible for the retiree annuity supplement, and when the retiree annuity supplement starts and ends.

Ten steps forward...or back?

One hundred plus days into the Trump administration and pundits of the right and left are having the time of their lives, even as they pretend otherwise. Keep telling yourself that for us bad news is good news. So the worse things are (or we say they are) the better for us.

NTEU supports bill prohibiting IRS from outsourcing collections

The National Treasury Employees Union, which represents Internal Revenue Service employees, has announced its support of a bill that would prohibit IRS from hiring private contractors to collect taxpayer debt.

Shutdown averted—but threat of future funding crisis remains

Nathan Abse recently discussed the problems inherent in a federal government plagued by shutdown threats with several experts in government and academia. Here, Prof. John Spry, a finance professor at St. Thomas University in St. Paul, Minnesota, explains why he thinks lawmakers should stop threatening shutdowns—and the ways that some state legislatures have accomplished that goal.

Congress releases details of omnibus spending bill

Congress on May 1 revealed details of the omnibus spending bill that will fund the federal government for the rest of the fiscal year, which includes money for defense, but not specifically for a border wall and funding for the Environmental Protection Agency instead of cuts.

Thrift Savings Plan Share Prices

Thrift Savings Plan Share Prices as of May 15, 2017.

Thrift Savings Plan Share Prices

Thrift Savings Plan Share Prices as of May 3, 2017.

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