Search Results for keywords:"technological advancements"

The Federal Retirement Thrift Investment Board (FRTIB) has proposed a new rule allowing the Thrift Savings Plan (TSP) record keeper to calculate financial gains or losses, known as breakage, on late or erroneous small contributions and loan payments, even if they total less than $1.00. Previously, the TSP did not calculate breakage if the amount was under $1.00, but technological advancements have made this rule outdated. This proposed rule aims to ensure employees' investments are accurately tracked, even for minor discrepancies. Public comments on this proposal are accepted until February 18, 2025.

The Office of Hearings and Appeals (OHA) of the Department of the Interior is making changes to its regulations to improve the hearings and appeals process. These updates aim to make procedures more efficient, reflect changes in the law, and incorporate modern technology like electronic filing and case management systems. They are meant to help both the people involved in these cases and the department work more effectively, ensuring that decisions are reviewed quickly and fairly. The new regulations will be effective from February 10, 2025, and public comments on these changes can be submitted until March 11, 2025.

The Federal Aviation Administration (FAA) plans to decommission the Flight Service communication frequencies network across the contiguous United States, excluding Alaska, due to the outdated infrastructure and dramatic drop in service requests. The network, which was developed over 40 years ago, has become redundant with current technology, and maintaining it costs taxpayers millions annually. This move is expected to save costs as pilots now primarily use mobile technology for inflight advisory services. The FAA is seeking public comments on this decision and will consider them before finalizing the plan.