Pay & Benefits

TSP board on debt ceiling: No cause for concern

Notice reiterates that all investments are guaranteed by federal government.

Management

Corruption persists at Customs and Border Protection

Less than 1 percent of workforce is involved, but agency says it has zero-tolerance policy.

Oversight

New Congress pledges action on postal reform

Oversight leaders cite progress narrowing their differences.

Management

Ethics office issues inauguration warnings to feds

Federal employees can attend Inaugural events but can’t receive preferential treatment.

Oversight

House oversight panel streamlines subcommittees

Oversight and Government Reform goes from seven to five subpanels.

Pay & Benefits

TSP funds round out 2012 with modest gains

All but one grew in December, with international investments performing best.

Management

USPS must pay for retirees now or later, GAO says

Agency faces stark choices in balancing short-term needs and long-term obligations.

Management

Revolving door still open to Coast Guard top officers, senior execs, GAO finds

Higher-ups often leave for agency contractors.

Defense

Reported sexual assaults at military academies continue to rise

Number has increased since 2008.

Pay & Benefits

Obama gives feds Christmas Eve off

Federal employees receive extra paid holiday and a four-day weekend.

Oversight

Congress approves Hatch Act update

Some state and local officials will be able to run for partisan elected office.

Management

Study: Thousands would lose jobs from NASA, NOAA budget cuts

Industry report says sequestration would be very costly for federal scientific agencies.