• OPM Releases Final Job Family Position Classification and Qualification Standards for Implementation

    OPM Releases Final Job Family Position Classification and Qualification Standards for Implementation

    The Office of Personnel Management (OPM) has released for implementation the final Job Family Position Classification and Qualification Standards for professional and administrative occupations in the Accounting, Auditing, and Budget Group, 0500. The Job Family Standard (JFS) provides information on series definition, titling instructions, occupation information, and evaluation criteria in occupational series in Financial Administration, Accounting, Auditing, and Budget Analysis.

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TSP - FEDmanager - News for feds

2018 Fed Pay Raises, TSP Continues to Grow

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Rep. Gerry Connolly, D-Va., introduced the Federal Adjustment of Income Rates (FAIR) Act recently which would give civilians a two percent adjustment to their base pay, and a 1.2 percent average increase to their locality pay. 

Brexit Shakes Up TSP Plans

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The announcement of the United Kingdom’s decision to leave the European Union (also known as “Brexit”) caused a stir in the financial markets last week, and put several of the Thrift Savings Plan’s (TSP) offerings in the red Friday.

Chaffetz Talks Changes to Feds’ Job Security and Retirement

from the hill

This week, Representative Jason Chaffetz (R-UT), who chairs the House Oversight and Government Reform Committee, spoke out about his intent to reform federal employees’ retirement benefits and job security.

Major Shifts to the G Fund Following Brexit

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Markets dropped drastically in June after the United Kingdom voted to leave the European Union, and following the fallout from the Brexit, Thrift Savings Plan (TSP) enrollees moved $1.8 billion into the G Fund in June. 

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