Tag: G Fund

The Debt Ceiling and the G Fund: Here We Go Again

By on March 6, 2019 in Pay & Benefits with 0 Comments
The Debt Ceiling and the G Fund: Here We Go Again

The government is using two federal employee retirement accounts to avoid hitting the debt ceiling as the country’s debt continues its steady growth.

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Federal Employees, Federal Benefits and Debt

By on August 20, 2017 in Pay & Benefits, Retirement with 0 Comments
Federal Employees, Federal Benefits and Debt

The Treasury Secretary says the government needs authority to borrow more money by September 29th. Could federal pension payments be suspended after this date?

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The G Fund and the Debt Ceiling

By on August 16, 2017 in Pay & Benefits with 0 Comments
The G Fund and the Debt Ceiling

Congress is once again debating whether or not to raise the debt ceiling. Here is what this means for federal employees.

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CBO Says Debt Limit Will Be Reached in October

By on June 29, 2017 in Pay & Benefits with 0 Comments
CBO Says Debt Limit Will Be Reached in October

The CBO says in a new report that the government will run out of money by October if the debt ceiling is not raised. Here is what this means for TSP investors.

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Federal Employee Pension, G Fund Used to Avoid Government Default

By on June 18, 2017 in Pay & Benefits, Retirement with 0 Comments
Federal Employee Pension, G Fund Used to Avoid Government Default

The debt ceiling for the Federal Government has been reached and it is using accounting techniques to keep paying its bills. Federal employees are helping to fund the “extraordinary measures” now in effect.

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Funding the Federal Government with the G Fund

By on March 8, 2015 in Pay & Benefits with 0 Comments

As we quickly near the latest debt ceiling limit for the federal government, the G fund will again by eyed as a temporary way to continue government spending.

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TSP: G Fund Balances Will Be Unaffected by Debt Ceiling

By on February 11, 2014 in Pay & Benefits with 0 Comments
TSP: G Fund Balances Will Be Unaffected by Debt Ceiling

The TSP issued a statement saying that balances in the G fund will be unaffected by the recent steps the Treasury has taken to avoid hitting the debt ceiling.

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Borrowing from the G Fund (Again) to Offset the Debt Ceiling

By on February 5, 2014 in Retirement with 0 Comments

The debt ceiling limit will again be reached on February 7th so the government will take “extraordinary measures” to fund the government. This means that retirement assets of federal employees, including the TSP G fund, will again be used to help fund government expenses.

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TSP Director Confirms Potential Deferral of G Fund Payments

By on January 7, 2013 in Pay & Benefits with 0 Comments

TSP Executive Director Greg Long said in a recent letter to TSP participants that in the event of hitting the debt ceiling, it is possible that the government can use money from the G fund to help pay the federal debt.

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Withholding G Fund Payments to Avoid the Debt Ceiling

By on January 18, 2012 in Retirement with 0 Comments

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.

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