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Federal Employees News Digest : July 22, 2013
July 22, 2013 Vol. 63, No. 1 8 Visit us on the Internet at www.FederalDaily.com Thrift SavingsPlanSharePrices FUNDS JULY 16 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 14.1419 14.1180 13.9372 15.6629 15.8756 15.8938 21.4323 20.7677 16.9257 29.7211 28.3273 22.3198 22.7664 22.3198 18.0203 16.3062 16.1943 15.3575 20.4258 20.0945 17.7862 21.6646 21.2231 18.2732 22.6959 22.1653 18.7012 12.7207 12.3877 10.2452 Federal Benefits Q&A Question: "I retired last year under the Civil Service Retirement System with 33 years of service. In my area there are a lot of temporary summer jobs each year with my former agency. These usually run from April until October. If I were to apply and be hired for one of these positions, would it affect my annuity?" Answer: Temporary work with your former agency could affect your CSRS annuity if you are considered a rehired annuitant. 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. national service and volunteerism through interagency and public-private partnerships. The task force, which will include repre- sentatives from more than a dozen federal departments and agencies, will identify and recommend new policies and practices to support and coordinate an expansion of national service and volunteer opportuni- ties across the government, according to the memo. "Our country is a better and stronger force for good in the world because more and more we are a people that serve," Obama said in launching the effort. "Today I want to announce a new task force with representatives from cabinet agencies and other departments across the government to take a fresh look at how we can better support national service, in particular on some our most important national priori- ties -- improving schools, recovering from disasters [and] mentoring our kids. In times of tight budgets and some very tough prob- lems, we know that the greatest resource we have is the limitless energy and ingenuity of our citizens." The task force will look for opportuni- ties to establish new service- and volun- teerism-related agreements between the Corporation for National and Community Service---which has led national service efforts for the last 20 years---and other fed- eral agencies and departments. The panel also will seek out new ways to expand service and volunteerism through public- private partnerships. Other task force objectives include creat- ing strategies to leverage technology to aid the expansion efforts, and developing ways to evaluate the cost-effectiveness of using national service and volunteerism to achieve agency priorities. The task force will provide the president with a progress report in 18 months. For their part, agencies represented on the task force are responsible for working with CNCS to explore and facilitate the new interagency partnerships. The memo also directed the Office of Personnel Management to issue guidance to agencies for developing and improv- ing national service recruitment strategies. OPM has four months to deliver the guid- ance. See the memorandum at: www.white- house.gov/the-press-office/2013/07/15/presi- dential-memorandum-expanding-national- service. continued from page 5
July 15, 2013
July 29, 2013