Details of Pension Changes Revealed
Congress has passed the payroll tax cut extension agreement and the President is expected to sign it. But what exactly are the details of the agreement as they relate to federal pensions?
Month: February 2012
St. Louis Leads Way in Welcoming Veterans Home
The author reflects on a recent parade in St. Louis he attended honoring veterans and its reminder of how he believes more needs to be done to support veterans and their sacrifices for the country.
Future Federal Employees Will See Increased Pension Contributions Under Payroll Tax Cut Deal
Lawmakers have reached a final agreement on extending the payroll tax cut through the end of 2012. Part of the terms of the agreement will require future federal employees to contribute more toward their pensions to help offset the cost of extending unemployment benefits.
How to Invest in 2012
Are you surviving in the economic turmoil of recent years? What is our economic future and should you invest your money in 2012?
The Barbershop Bailout
The Senate barbershop in DC used by some in Congress had a $300,000 operating deficit last year which prompted the Senate to give it some extra cash to sustain its operations. One former senator blames the shop’s federal employees for its financial problems.
WH Budget Asks Federal Employees to Sacrifice
The budget unveiled Monday by President Obama proposes to increase the contribution federal employees make towards retirement by 1.2% over three years beginning in 2013.
Considering The New TSP Roth Option
The TSP will begin offering a Roth option in during the second quarter (April – June) of this year. The author provides some considerations for investors when deciding whether or not to utilize this new option in their TSP accounts.
Did FLRA Dodge Court Bullet Based on Agency’s Mistake?
Citing a procedural error on the part of the Treasury Department, the D.C. Circuit Court denied the Agency appeal of FLRA’s new Abrogation Standard when it addresses Agency Head Review of agreements.
Congressional Term Limits Amendment Introduced
Congressman Reid Ribble (R-WI) has introduced a Constitutional Amendment that would limit the number of years a member of Congress can serve.
House Committee Advances Federal Employee Pension Cuts Bill
The House Oversight and Government Reform Committee has advanced Congressman Dennis Ross’ (R-FL) bill which would require federal employees and members of Congress to contribute more to their pensions.
