FederalDaily - January 5, 2006
Medal for Katrina Relief Workers
Military personnel and civilians involved in relief efforts for Hurricanes
Katrina and Rita may receive recognition for their efforts. New awards have
been authorized—the Humanitarian Service Medal and the Armed Forces Service
Medal—for servicemembers assisting in hurricane relief. Department of
Defense civilians can receive the Armed Forces Civilian Service Medal. For
the Humanitarian Service Medal, servicemembers must be involved in direct relief
operations in Louisiana, Alabama or Mississippi for one day. To be eligible
for the other awards, servicemembers or civilians must serve 30 consecutive
or 60 non-consecutive days directly involved in relief efforts. To qualify,
each individual must have supporting documentation such as assignment or temporary
duty orders.
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Bush Signs NASA Authorization Act
On Dec. 30, 2005, President Bush signed the NASA Authorization Act of 2006,
marking the first completed authorization act for the agency in five years.
Rep. Ken Calvert, R-Calif., praised the signing of the act, saying, “I
believe that investing in NASA is an investment in our nation’s future.” Highlights
of the bill include:
- $17.9 billion for fiscal year 2007 and $18.7 billion for
2008;
- reporting requirements and cost controls, allowing for Congressional
intervention if projects exceed spending levels;
- multi-year plans for aeronautics, science and facilities;
- prevention of layoffs before March 16, 2007; and
- procedures to appoint a presidential commission to investigate
failures of shuttles and other manned crafts.
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DOE Eyes Contractors for Argonne National
Laboratory
For the first time in its history, the Argonne National Laboratory, located
near Chicago, Ill., could have a contractor in charge of management and operation.
The Department of Energy (DOE) is currently seeking comments on a Request for
Proposal for the competitive selection of a contractor. The laboratory receives
annual funding of $492 million from DOE, other government agencies and private
firms. The selected contractor will be required to offer comparable pay and
benefits to that which the lab’s employees currently receive. It is the
first competitive contract to include DOE’s Laboratory Performance Appraisal
Process. Potential awards include incremental extensions of the contract up
to 15 years beyond the original five-year term for superior performance.
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TSP Monthly Returns for G, F, C, S and I Funds
Rates of Return were updated on January 3, 2006.
| |
G
Fund |
F
Fund |
C
Fund |
S
Fund |
I
Fund |
| December 2005 |
0.45% |
0.95% |
0.07% |
0.37% |
4.64% |
Last 12 months*
(1/01/2005 to 12/31/2005) |
4.49% |
2.40% |
4.96% |
10.45% |
13.63% |
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.
For more information on TSP, click here.
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