Many times when people consider the VCP annuity, it looks like a viable option. However, there are critical problems with the CSRS VCP annuity that you should know about before you sign on the dotted line.
Federal employees in the Washington, DC area will not be getting an extra paid holiday for Inauguration Day this year since it falls on the same day as Martin Luther King, Jr.’s birthday.
Federal employees will get ten paid holidays in 2013 as defined by OPM.
Did the petition requesting that December 24th be a paid holiday for federal employees have an impact on the president’s decision to issue the executive order? The official White House response has been issued to the petition which gathered more than 28,000 signatures.
OPM Director John Berry has issued guidance for pay and leave purposes on the extra holiday on December 24th granted to federal employees by the president.
The president has issued an executive order granting Monday, December 24th as a paid day off.
How would a chained CPI impact a federal retiree’s annuity payments over time?
HSAs (Health Savings Accounts) are special accounts designed to give you a tax deduction for qualified medical expenses. When you use this benefit correctly, you get a tax deduction now and get to use the money tax-free for qualified medical expenses, but it’s not right for everyone.
