FederalDaily - November 7, 2005
Unions Sue against NSPS
The American Federation of Government Employees (AFGE) and coalition of Department
of Defense (DoD) employee unions announced on Nov. 4 plans to file a lawsuit
on Nov. 7 against implementation of the National Security Personnel System
(NSPS) regulations for DoD civilian employees. AFGE alleges the new personnel
system will:
- be a waste of money,
- “all but eliminate the due process rights that enable
employees to speak with confidence when they see wrongdoing
or mismanagement,”
- allow supervisors to punish employees in their paychecks,
- create a so-called “pay-for-performance” system
that pits employees against each other for pay increases, and
- end all meaningful collective bargaining.
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EEOC Awarded for Disability-Friendly Workplace
The Equal Employment Opportunity Commission (EEOC) has received a national
award from the Department of Defense (DoD) for its leadership in increasing
employment and accessibility for people with disabilities. DoD’s Computer/Electronic
Accommodations Program (CAP) presented its 2005 CAP Achievement Award to the
EEOC—which enforces federal laws prohibiting employment discrimination
against people with disabilities—for maintaining a disability-friendly
workplace. CAP provides thousands of accommodations annually to disabled employees
throughout the federal government. Patricia Foley of the EEOC's Office of Human
Resources was specifically honored, along with the agency, for obtaining more
than 100 accommodations for people with disabilities. CAP also presented similar
awards to three other government agencies: the Department of Health and Human
Services, the Army and DoD Washington Headquarters Services.
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Congressman Alarmed at Pentagon Contracts
In a Nov. 3 letter to House Armed Services Committee Chairman Duncan Hunter,
R-Calif., Rep. Walter B. Jones, R-N.C., expressed alarm at recent reports that
a Defense Department purchasing program called “prime vendor,” aimed
at speeding supply deliveries, has resulted in the abuse of taxpayer dollars.
Jones said the Pentagon pays “exorbitant prices” for its supplies. “The
prime vendor program, which is run by the Defense Logistics Agency, was introduced
15 years ago to expedite the delivery of supplies,” said Jones. “However,
unlike other federal programs that use competitive bidding to ensure fairness
and transparency, this program only uses selected firms.” He asked Duncan
to start an investigation of this issue.
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USAID Program Awarded by Harvard
A top federal program— Global Development Alliance (GDA) at the U.S.
Agency for International Development —recently received Harvard University’s
first Lewis & Clark Award for Innovation in Collaborative Governance for
exhibiting “real-world” success in the use of public-private resources
to improve the lives of people in the developing world. GDA links U.S. foreign
assistance with resources from business, nongovernmental organizations and
philanthropies for international development and humanitarian activities. GDA
will be honored at a special luncheon hosted by the Weil Program, the Ash Institute
(both of Harvard) and the Washington, D.C.-based Council for Excellence in
Government on Nov. 21 at the Ronald Reagan Building and International Trade
Center.
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TSP Monthly Returns for G, F, C, S and I Funds
Rates of Return were updated on November 1, 2005.
| |
G
Fund |
F
Fund |
C
Fund |
S
Fund |
I
Fund |
| October 2005 |
0.36% |
(0.75%) |
(1.66%) |
(2.33%) |
(2.90%) |
Last 12 months*
(11/01/2004 to 10/31/2005) |
4.34% |
1.15% |
8.75% |
17.10% |
17.47% |
Percentages in ( ) are negative.
* The returns for the G, F, C, S and I funs for the past 12 months,
assuming that, with the exception for the crediting of earnings,
unchanging balances (time-weighting) from month to month and assuming
that earnings are compounded on a monthly basis.
The monthly G, F, C, S, and I Fund returns represent the
actual total rates of return used in the monthly allocation of earnings to
participant accounts. The returns are shown after deduction of accrued TSP
administrative expenses. The F, C, S, and I Fund returns also reflect the deduction
of trading costs and accrued investment management fees. The most current G,
F, C, S, and I Fund rates of return are shown above. Returns are updated after
the monthly allocation of earnings, usually by the fourth business day of the
month.
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