APWU News The House of Representatives approved legislation on April 1 that would give employees covered by the Federal Employees’ Retirement System (FERS) credit for unused sick leave when calculating their retirement benefits. The Federal Retirement Reform Act of 2009 (H.R. 1804), introduced by House Oversight and Government Reform Committee Chairman Edolphus Towns (D-NY), was approved […]
According to the Federal Times: Rep. Jim Moran, D-Va., is preparing to reintroduce a bill that would allow employees under the Federal Employees Retirement System to count unused sick leave as time toward their annuities. source: Federal Times Last year Rep. James Moran, D-VA, long a champion of retirement fairness for FERS employees, introduced the bill […]
From the National Association of Postmasters of the United States (NAPUS) Legislative and Political Bulletin Earlier this week, Sen. Cornyn, the Senate sponsor of the Senate companion to HR 1108, legislation to give the Food and Drug Administration regulatory authority of the tobacco products, indicated that the Senate is unlikely to take up the measure […]
From PostalReporter.com reader Don Cheney There are two errors in management’s questions and answers on Voluntary Early Retirement. It could affect a few people’s decision to retire now or not. These were brought to management’s attention by the APWU at least six weeks ago and have not been corrected. See the FAQs at https://liteblue.usps.gov/news/ver2008/hrssc_vera.htm. Management’s […]
House Also Passes Thrift Saving Plan Reforms From The National Association of Postmasters of the United States (NAPUS) On Wednesday evening, the House of Representatives passed legislation that would enable Federal Employees Retirement System (FERS) employees to credit their unused sick leave towards retirement. Civil Service Retirement System (CSRS) employees already have this option. House […]
Employees covered by the Federal Employees Retirement System (FERS) would receive credit for unused sick leave towards their retirement annuities under a bill passed by the U.S. House of Representatives last night. Added as a provision of the Family Smoking Prevention and Tobacco Control Act, HR 1108, the bill would treat unused sick leave similarly […]
How much would be paid for unused sick leave is not yet clear. But federal managers hope the change will keep employees from taking excessive sick leave as they approach retirement. Such sick leave abuse cost the government $68 million in lost productivity in the year ended March 30, 2006, an August Congressional Research Service […]