Withholding G Fund Payments to Avoid the Debt Ceiling
The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.
The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.
In a survey which received about 9000 responses, more than 58% of those participating said they would not vote to re-elect President Obama. There was not overwhelming support for the Republican candidates either with “none of the above” coming in second among those running for the nomination.
2011 was a very volatile year for the stock market. Despite the volatility, the C fund finished up slightly for the year but the bond funds were the bigger winners.
With proposed changes to federal pay and benefits swirling in Congress, rumors start and spread quickly. One that recently surfaced: OPM is canceling interim retirement payments. Here is the answer from the agency.
What is the status of proposed changes to the federal retirement system and the federal employee pay freeze? Here is an update.
Watching the twists and turns of proposed legislation to cut taxes for some Americans gets confusing. The Senate passed a bill but it wasn’t the same bill that the House had passed. Some thought that a two-month extension put a temporary end to the controversy. That prediction was, perhaps, made too early to be true.
Why does it take so long for federal employees to get their retirement benefits? Perhaps it is the fault of the employees and the agency benefit specialists that assist in preparing the applications for retirement. OPM is offering training to improve their job performance.
Volatility continues in the stock market and TSP investors are continuing to move money into the safety of the G and F funds.
Will federal employees get extra time off (with pay) during the holiday season? With a multi-year pay freeze in effect, some agencies may use their authority to grant more time off.
Rep. Susan Davis (D-CA) has introduced legislation that would ban smoking in federal buildings across the nation.