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Federal Employees News Digest : Sep 16, 2013
September 16, 2013 Vol. 63, No. 9 8 Visit us on the Internet at www.FederalDaily.com Thrift SavingsPlanSharePrices FUNDS SEPT 9 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 14.1879 14.1617 13.9630 15.5030 15.6916 15.9101 21.4499 21.6598 18.0449 30.2416 30.2904 23.8604 23.3388 23.4017 19.4740 16.3682 16.3781 15.5951 20.5587 20.6264 18.4887 21.8285 21.9264 19.1650 22.8854 23.0074 19.7433 12.8408 12.9178 10.8888 Federal Benefits Q&A Question: “I took a VERA in June 2011 and just turned 56 on July 3, 2013. I have not received the annuity supplement and it is Sept. 6. I have sent a message off to OPM and tried to call them, but the phone is always busy. Is there anything else I should do to try to get this annuity started?" Answer: Keep trying to contact OPM's Retirement Office. Have you been receiving your FERS annuity checks? Does OPM have your correct bank information (bank routing transit number and account information)? Because you became minimum retirement age (MRA) in July 2013, you should have received your first FERS annuity supplement check by now. 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 5 the Federal Employees' Compensation Act to reduce disabled beneficiaries' benefits from current levels when they reach Social Security retirement age, charging that such as change would "cause grave economic hardship to many disabled workers." See more at: www.nteu.org/PressKits/ PressRelease/PressRelease.aspx?ID=1917. Union asks PRC to halt facility closures A postal union took action this month against the U.S. Postal Service, which the labor group said is violating first-class mail service standards by accelerating closures of mail processing facilities. The American Postal Workers Union filed a complaint against USPS with the Postal Regulatory Commission on Sept. 5. The union said the Postal Service's "arbitrary decision" to accelerate closures deprives individuals and small businesses of services they are entitled to under law. The closures originally were intended to take place in 2014. "The Postal Service unreasonably dis- criminates against individuals, small busi- nesses, and organizational mailers in the provision of postal services by failing to comply with its regulations providing for the delivery of First-Class Mail and other mail, particularly those in rural areas, because the effects of service stan- dard violations are more frequently found there," the complaint stated. "We have been seeking and have received evidence of delayed mail result- ing from the closure of many mail pro- cessing centers," APWU Vice President Greg Bell said in a bulletin posted on the union's website. The complaint lists cases of alleged vio- lations of service standards in Colorado, Texas, New York, New Jersey, Michigan, Pennsylvania, Wisconsin, Oregon, Illinois and Missouri. The union is asking the PRC to order USPS to comply with standards, and to stop making changes to its mail process- ing network that cause further violations. See the complaint at: http://apwu.org/ news/nsb/2013/nsb15-130905-prcfiling.pdf.
Sep 9, 2013
Sep 23, 2013