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Federal Employees News Digest : Sept. 24, 2012
September 24, 2012 Vol. 62, No. 11 8 Visit us on the Internet at www.FederalDaily.com Thrift SavingsPlanSharePrices FUNDS SEPT. 17 ONE MONTH AGO ONE YEAR AGO G Fund F Fund C Fund S Fund I Fund Lifecycle Funds L Income L 2020 L 2030 L 2040 L 2050 Register free to get rates of return and other TSP info at: www.FederalDaily.com/pages/resources/thrift-savings-plan.aspx 13.9678 13.9530 13.7496 15.8668 15.7795 15.1352 18.3456 17.7769 14.9157 24.2429 23.2051 20.0947 20.1151 19.0818 17.8024 15.6610 15.5213 14.8300 18.7030 18.2825 16.7009 19.4389 18.9003 16.9820 20.0649 19.4304 17.2545 11.0913 10.6972 9.4093 Federal Benefits Q&A Question: "Are federal and state taxes calculated off my CSRS basic annuity or my net CSRS annuity (i.e., after the survivor benefit is deducted)?" Answer: Your "net" CSRS annuity (after subtracting for the cost of a survivor annuity) is subject to federal and state income taxes. Readers are encouraged to ask questions related to general employee benefits---such as CSRS, FERS, the Thrift Savings Plan, tax and estate plan- ning, insurance, Social Security and Medicare---at the "Federal Benefits Q&A" at www.FederalSoup.com. ing nationwide changes in service. The PRC, however, dismissed that com- plaint, ruling that USPS is compelled only to request the opinion before proceeding with changes---but that USPS is not required to wait until the panel has issued its opinion to begin implementing those changes. APWU had sought to stop the Postal Service from implementing the first phase of its consolidation plan, which calls for USPS to begin consolidating more than 40 mail processing plants and lower some service standards. To see more, go to: http://tinyurl. com/8dxh6z7 (complaint) or www.prc.gov/ Docs/85/85099/Order%201463.pdf (report). Voter program aids overseas service members Programs are in place to ensure military service members and families stationed over- seas, as well as other U.S. citizens living out- side the country, are able to cast their votes in the coming elections, the official heading up those efforts told a house panel this week. A program key to that effort, the Federal Voting Assistance Program, helps ensure that American service members and other Americans living overseas are aware of the tools available to help them cast votes come November, FVAP's acting Director Pamela Mitchell said while testifying before the House Armed Services Committee's military person- nel subcommittee. FVAP provides voter assistance to service members as well as their voter-age family members and other Americans temporarily living outside of the country, and directs vot- ers to services such as online and email tools to help with the absentee voting process. With the election less than eight weeks away, Mitchell said a number of outreach efforts are already underway. "We're conducting a comprehensive com- munications and outreach campaign, and we established a call center that provides support by phone, by email and by online chat. The services are also actively engaged to increase awareness of the election and [of] service members' right to vote," she said. According to Mitchell, the FVAP website has logged more than 8 million visits since November. To see more, go to: www.defense.gov/News/ NewsArticle.aspx?ID=117854. continued from page 4
Oct. 1, 2012