Ridin’ the Storm Out
The stock market’s recent activity has many people concerned about the future.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
The stock market’s recent activity has many people concerned about the future.
Senator Tom Coburn, M.D. (R-OK) has released a new report called “Back in Black” that outlines how the federal government can reduce the deficit by $9 trillion over the next ten years and balance the federal budget.
The federal government will receive about $172 billion in August. That is not enough to pay expenses. Who will get paid and who won’t get paid if the debt ceiling is not raised?
How are your TSP funds doing so far in 2011? Your funds are doing well for the year but the results for May and June are mostly negative.
Senator Barbara Mikulski (D-MD) sent a letter to Treasury Secretary Tim Geithner urging him to take federal employees’ pension funds off of the list of available resources used to prevent the country from defaulting on its debt obligations.
OPM has issued a memo telling agencies that within-grade increases are not supposed to be given out automatically. Will the memo change the existing system? Not likely. Here’s why.
Here are a few benefits of working for the federal government that you may not know about and may want to take advantage of once you see the list of possibilities.
With the United States hitting the debt ceiling, can you still withdraw your money from your Thrift Savings Plan? Here is the answer from a TSP official.
TSP funds were all up in April and the leading stock market indices are now up for eight months in a row. Why is gas going up, the value of gold going up, and the official inflation rate staying low? What are TSP investors doing with their money during this period of uncertainty?
The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?