Sunday, July 16, 2006

Federal pension system upgrade cancelled

In an earlier entry, we noted that the U.S. Office of Personnel Management had moved ahead with plans to develop an electronic administration system for the federal pension system.

Now, FederalNewsRadio reports the plan has been scuttled by the House of Representatives.

The move has Office of Personnel Management Director Linda Springer scratching her head. "We had a little trouble in the House. The House zeroed out our funding for this. I don't understand that, because it's their pension." Springer says "a lot of things have astounded me since I've been here, but that would really take the cake."
Ms. Springer is hopeful that the "trouble," as she describes it, can be fixed in the senate.


Anonymous Pension Annuities said...

Yeah It was cancelled I remember but now approved and going almost fine.

6:58 AM  

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