The FED Weekly

The conversation focused on major changes affecting federal employees and retirees for the week of July 5–11, 2026. One concept discussed was the Office of Personnel Management’s shift to digital-only retirement processing, which has resulted in faster claim handling but requires meticulous form completion and a six-month cash reserve. A key theme that emerged was cost pressures, with significant FEHB premium increases and debates over OPM’s proposed access to medical records. The discussion explored Thrift Savings Plan performance, recent reforms like penalty-free withdrawals, and limits on postal rate increases. Several points were raised, including judicial preservation of Public Service Loan Forgiveness rules and sweeping reforms to performance appraisals—such as removing “minimally satisfactory” ratings and allowing forced distributions—that drew strong union and agency opposition. The reinstatement of Schedule F converted thousands of senior employees into at-will positions, stripping civil service protections. Additional issues highlighted include changes to hiring, decentralization of the Employee Viewpoint Survey, workplace training opportunities, significant leadership vacancies, and proposals for new government-wide nondisclosure agreements. The episode concluded by emphasizing the importance of staying informed amid rapid and consequential changes in the federal workforce landscape.