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Federal Employees News Digest : March 18, 2013
supervisors, would receive the notices CBP issued March 7 informing employ- ees they would be hit with up to 14 unpaid furlough days. lawmaker introduces furlough prevention bill A House member has introduced a bill that would eliminate the use of fur- loughs as a cost-cutting measure. Rep. Blake Farenthold (Texas-R), who chairs the House Oversight Subcommittee on the Federal Workforce, is sponsoring the Protecting America's Civilian Employees Act, which according to a press statement from his office would require the Office of Management and Budget to report to Congress on "how to most effi- ciently transfer funds within agencies and departments for fiscal year 2013 to avoid all furloughs or reductions in America's federal workforce." In addition to calling for a plan to pre- vent furloughs, Farenthold also laid the blame for the workforce cutbacks on the president and the Democratic-led Senate. "Our federal workforce needs to be operating at 100 percent, " Farenthold said in a statement. "They should not be punished because the president, [Senate Majority Leader] Harry Reid and the Senate Democrats failed to do their jobs and replace the sequester." The congressman's district includes the Corpus Christi Army Depot and Naval Air Station Corpus Christi, where civilian employees could furloughed for up to 22 days. Farenthold also noted that local airport towers in Corpus Christi and Victoria could face "extreme cuts." "Those reductions in force are unac- ceptable," he stated. "CCAD saves tax- payers millions, NASCC is a primary training site for naval pilots, and our air- port tower operators are essential for safe travel and NASCC's training mission. "We should be able to achieve the needed savings and keep our dedicated federal workforce going strong, without devastating furloughs and that's what my bill intends to do," he said. To see more, go to: http://farenthold. house.gov/index.php?option=com_conten t&task=view&id=1464&Itemid=100059. March 18, 2013 Vol. 62, No. 33 10 Visit us on the Internet at www.FederalDaily.com Thrift SavingsPlanSharePrices FUNDS March 11 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 14.0639 14.0469 13.8591 15.9092 15.9378 15.4533 19.7569 19.2138 17.0076 27.1288 26.3874 23.1308 22.0086 21.5399 19.3855 16.0181 15.9207 15.3375 19.6546 19.3737 17.9827 20.6592 20.2947 18.5643 21.5033 21.0720 19.0717 11.9815 11.7128 10.5002 Federal Benefits Q&A Question: "I have just retired from federal service. I have had Federal Employees Health Benefits plan coverage for over 20 years with no breaks and have opted to keep my health insurance into retirement. I have always carried the family plan option as my health insurance has been our only option. However, my wife has recently changed jobs and now has insurance through her employer. My question is, can I switch to an individual FEHB policy now and then go back to a family option later?" answer: Yes, you can switch to "self only" FEHB coverage at this time and switch to "self and family" FEHB coverage (add- ing your wife to your coverage) in the future. Readers are encouraged to ask questions related to general employee benefits---such as CSRS, FERS, the Thrift Savings Plan, tax and estate planning, insurance, Social Security and Medicare---at the "Federal Benefits Q&A" at www.FederalSoup.com. continued from page 6
March 11, 2013
March 25, 2013