The most popular fund in the Thrift Savings Plan could become “virtually worthless” as an investment option under a proposal in the House budget, a spokeswoman says.
The premiums for the new self-plus-one coverage option in the health insurance plan for federal employees and retirees will be capped at no more than the existing family coverage option.
A budget plan unveiled Tuesday by the Republican leaders of the House Budget Committee repeats a proposal to require federal employees to pay more of their salary toward their retirement benefits.
With the federal government due to hit its debt celing Monday, the Treasury Department again will use financial maneuvers to stave off a default.
Some managers fail to act on “poor performing” employees during the one-year probationary period.
The House could vote as soon as Monday evening to give the VA wide discretion to rescind awards paid to its employees.
The House has scheduled a vote for today on a bill to restrict the Transportation Security Administration’s use of a pay boost for criminal investigators.
A new accounting shows how many federal employees and retirees there are in each state and congressional district.
The budget also repeats recommendations to expand the health benefits program for federal employees and retirees that Congress has rejected several times in the past.
Federal employees would be eligible for six weeks of paid leave for purposes related to the birth or adoption of a child, under legislation introduced Monday by a group of House Democrats.