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Federal Employees News Digest : Sept. 24, 2012
4 Visit us on the Internet at www.FederalDaily.com Maximize Your Thrift Savings Plan Updated for 2012! Includes Roth TSP Options! Choosing the right TSP funds throughout your career can make a big difference in monies available at the start of your retirement. Our authoritative and easy-to-read guide assists all levels of employee, from new or rehired to mid-career to those close to retirement. Order our latest edition for the most current updates and answers, including: • New and rehired employee and rehired annuitant matching and participation rules • Understanding TSP Lifecycle (L) funds and developing an investment strategy • New rules and opportunities on TSP transfers to Roth IRAs • And more! RESERVE YOUR COPY TODAY! www.FederalDaily.com/catalog 800.989.3363 To see the bill, go to: http://tinyurl. com/8u5jbvh. GSA progress lauded A senior member of the Senate this month said he was encouraged by how the acting head of the General Services Administration is guiding reform efforts and leading the beleaguered agency out of its recent scandal. Sen. Joe Lieberman (I-Conn.), chair- man of the Senate Homeland Security and Governmental Affairs Committee, complimented the work of GSA acting Administrator Daniel Tangherlini, who tes- tified at a Sept. 12 hearing to examine the actions GSA is taking to regroup in the wake of revelations of frivolous spending and mismanagement that surfaced earlier this year and forced the departure of top GSA officials. "I've been impressed by your efforts, Mr. Tangherlini, to curb irresponsible spending and to conduct a top-to-bottom review of GSA policies and operations to determine if there are other areas where the agency has been a careless steward of taxpayer dollars," Lieberman said in his opening statement. Lieberman also cited Tangherlini's moves to institute new procedures for approval of conferences and travel, and his cancellation of "47 questionable conferences." In the testimony that followed, Tangherlini reviewed the various aspects of that "top-to- bottom" review, and listed a number of "criti- cal reforms" the agency has instituted as it identified problems. Among key actions, he noted, GSA will centralize oversight of spending, hiring and IT decisions, and realign budget functions that had been spread throughout the regions to fall instead under the purview of the agency's chief financial officer. The GSA head said that this consolidation of the agency's financial management "will ensure that agency leadership, Congress and the taxpayer will have a better understanding of how and where funds are being used." Tangherlini said GSA also has reinforced its telework policy to make sure it is cost- effective and that there "is a strong business case" for the agency's full-time teleworkers. He also cited other moves aimed at mak- ing the agency more cost-efficient, including cuts to Senior Executive Service bonuses and a reduced budget for other performance awards. Tangherlini also noted that GSA has instituted an agency-wide hiring freeze while it completes its assessment of the organiza- tion's structure. To see more, go to: http://tinyurl. com/92f87xs. Regulators reject postal union’s complaint Postal regulators this month dismissed a union's complaint against the U.S. Postal Service charging USPS with illegally begin- ning to implement a plan to close mail pro- cessing facilities across the country. The American Postal Workers Union maintained that USPS was forbidden from implementing its facility-consolida- tion program until the Postal Regulatory Commission had issued an advisory opinion on the plan. Federal law requires USPS to ask the PRC for an advisory opinion before mak- continued from page 3 September 24, 2012 Vol. 62, No. 11 4 Visit us on the Internet at www.FederalDaily.com continued on page 8
Oct. 1, 2012