Bailouts and Blame

Where does most of the blame reside for the current mortgage/credit crisis? What do readers think of the bailout plan and would they support such the bailout proposal? Here is a summary of the views of those responding to our survey this week.

TSP Drops Fast; 2009 COLA Rate Also Drops

The stock market has been falling fast and TSP return rates are falling along with the market. And, this will surprise some current and future federal retirees, the current COLA adjustment for next January also dropped in the past month. Here is a quick summary of your TSP returns and the 2009 COLA adjustment.

Not Eligible to Retire? What Happens if You Create New Data for Your Retirement Application?

A federal engineer was going to be fired after giving false information. The agency agreed to let him retire. He then lied on his retirement application and was indicted. OPM terminated his retirement annuity as he did not meet the age requirement. A court finds the settlement agreement could not prohibit the agency from reporting misconduct to the appropriate authority for prosecution and he does not have a case.