Tag: CBO

CBO Estimates Costs of Veterans’ Pension Legislation

By on September 24, 2018 in Pay & Benefits with 0 Comments
CBO Estimates Costs of Veterans’ Pension Legislation

CBO offered an analysis of what it would cost the government to pay for computational errors affecting veterans’ military service deposits and pensions.

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CBO Says Increased Retirement Contributions Would Save $109 Billion

By on May 27, 2018 in Pay & Benefits with 0 Comments
CBO Says Increased Retirement Contributions Would Save $109 Billion

A CBO report says that increasing federal employees’ share of retirement contributions would lead to significant savings.

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CBO Issues New Warning on Debt Ceiling

By on February 1, 2018 in Agency News with 0 Comments
CBO Issues New Warning on Debt Ceiling

The CBO projects in a new report that the government will run out of money sooner than expected. Measures to offset the debt limit can impact federal employees.

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Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling

By on December 11, 2017 in Retirement with 0 Comments
Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling

The Treasury Department has announced it will no longer be able to fully invest in two federal employee retirement funds to avoid hitting the debt ceiling.

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CBO: Government Will Run Out of Money Next Spring Without Raising Debt Limit

By on December 1, 2017 in Pay & Benefits with 0 Comments
CBO: Government Will Run Out of Money Next Spring Without Raising Debt Limit

The government is once again about to reach the debt ceiling, and “extraordinary measures” would likely be used with federal employee benefits to offset it.

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CBO’s Improving, Pessimistic View of Social Security’s Future

By on October 30, 2017 in Retirement with 0 Comments
CBO’s Improving, Pessimistic View of Social Security’s Future

A new CBO report highlights improvements to the financial health of Social Security but remains pessimistic about its future overall.

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Options for Changing Federal Employee Retirement

By on August 31, 2017 in Retirement with 0 Comments
Options for Changing Federal Employee Retirement

Congress is looking for ways to reduce expenses. The $93 billion spent on federal retirement is a big target.

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CBO Weighs In on Bill That Would Pay Bonuses to Federal Employees

By on August 21, 2017 in Human Resources with 0 Comments
CBO Weighs In on Bill That Would Pay Bonuses to Federal Employees

The CBO has issued its opinion on a bill that would pay bonuses to federal employees who report wasteful spending at their agencies.

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CBO Weighs in on TSP Modernization Act

By on August 17, 2017 in Pay & Benefits with 0 Comments
CBO Weighs in on TSP Modernization Act

The CBO has released an analysis of bills that would allow federal employees to make multiple withdrawals from their TSP accounts.

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Federal Employees: Overpaid or Underpaid?

By on April 26, 2017 in Pay & Benefits with 0 Comments
Federal Employees: Overpaid or Underpaid?

Federal benefits are generally better than benefits offered in the private sector. This accounts for much of the disparity between federal and private sector compensation according to the CBO.

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