Stay up-to-date with FESA news and the federal community.
<?php echo do_shortcode(”
Washington-Area Agencies Closed Wednesday Washington-Area Agencies Closed Wednesday By GovExec Staff,February 19, 2019 Bill Perry/Shutterstock.com Federal agencies in the Washington, D.C. area will be closed Wednesday due to expected snow, the Office of Personnel Management announced Tuesday evening. The move came as forecasters were calling for a winter stormto hit the D.C. metro area Wednesday morning. Many local school systems had already announced that classes would be canceled. Emergency employees are expected to report for duty unless otherwise directed by their agency, and telework program participants are expected to work.
When Federal Employees Can Expect to See Their 1.9 Percent Pay Raise By Erich Wagner,February 15, 2019 Shutterstock.com When President Trump signed a bill to keep the government open through Sept. 30, he also authorized a 1.9 percent pay increase for federal civilian employees, effectively overriding his own pay freeze that he enacted last December. But that action is merely the first step in the process to provide a pay raise to federal workers, particularly since the provision is retroactive to the beginning of the year. According to a former Office of Management and Budget official familiar with the federal compensation system, Trump
Short-Term Deal Ends Longest-Ever Shutdown By Eric Katz, January 25, 2019 Photo by Evan Vucci / AP Federal agencies are set to reopen after lawmakers and President Trump reached an agreement to end the partial government shutdown, at least temporarily. Congress quickly passed a three-week stopgap spending measure, which will bring an end to the longest-ever government shutdown, and Trump signed it into law on Friday night. The measure does not include any increased funding for Trump’s proposed wall along the U.S.-Mexico border, which the president had said must be part of any deal to reopen the government. It will fund agencies for three weeks,
Last One Out, Turn Off the Lights Image by Shutterstock.com By Howard Risher, January 23, 2019 For years, academics and civil service watchers have been warning about the coming retirement wave of federal workers. It may very well be upon us: In fiscal 2018, there was a 24 percent surge in employees filing for retirement over the previous year. But to borrow an old phrase, “you ain’t seen nothing yet.” More than a month into the partial government shutdown affecting 800,000 federal workers, the staffing ramifications for the civil service could be felt for years to come. With this latest shutdown, employees are
Low returns create bleak outlook for clients in ‘retirement red zone’ Morningstar’s David Blanchett says the 10-year return forecast puts those closest to retirement age in a dangerous place May 1, 2018 by Ryan W. Neal David Blanchett, Morningstar’s head of retirement research, doesn’t have a lot of good news for retirement plan advisers. Morningstar is forecasting annual compound returns of less than 1% for the next 10 years, said Mr. Blanchett, speaking at the InvestmentNews‘ Retirement Income Summit in Chicago. While things will rebound eventually, financial planners need to assume low returns for the near future. There’s a good chance some years may see