Social Security’s Free-Fall Continues
The author demonstrates that the slight improvement in the insolvency date for Social Security’s combined trust fund is nothing more than a false positive.
Social Security
Stay informed on Social Security updates that affect federal employees and retirees, especially those covered under FERS. Explore news and analysis on Social Security COLAs, benefit calculations, earnings limits, claiming strategies, and policy changes that influence retirement income. Find clear explanations of how Social Security integrates with FERS benefits, the FERS supplement, and long‑term financial planning. Keep up with legislative developments, inflation trends, and key rules that shape Social Security benefits for federal retirees.
Social Security’s (Missing) Guarantee
The author says that Social Security benefits are not guaranteed, and he points out that the government can revoke them at any time.
CBO: Social Security Needs a 4.4% Payroll Tax Increase
The Congressional Budget Office has released its long term budget report which includes a picture into the prospects of Social Security. If you are planning to retire soon, pay attention.
GAO: Half of American Households Have No Retirement Savings
A recent study conducted by the Government Accountability Office found that roughly half of households age 55 and over have no retirement savings. Senator Bernie Sanders (I-VT) says that the study results are evidence that Social Security needs to be expanded. Some might disagree with the Senator, however.
Senator Graham’s Magical Napkin
Senator Lindsey Graham (R-SC) reportedly said, “You could [design a plan to fix Social Security] on the back of a napkin.” The author says that this statement is absurd and says the problems with Social Security are far more complex than what Graham’s statement would lead one to believe.
The Media’s Role In Social Security’s Collapse
The author claims that the media is the most destructive force in Social Security today. He asks how we can expect to have an informed debate about Social Security when the media is putting headlines over content and cites a recent study as one example of the media’s flawed coverage of the debate.
Lawmakers Want the Government to Stop Paying Dead People
Lawmakers in both the House and Senate have introduced legislation that would simplify the process for identifying people who have died and cutting off the flow of federal benefits to them.
Proposed Social Security Amendment Throws Future Seniors Under the Bus
Senator Elizabeth Warren (D-MA) has proposed a new amendment to address the financial imbalance within Social Security. The author says that the proposal is not a serious one because of what it is proposing and explains why he believes this to be so.
OPM Medical Retirement: One Option In Reserve
The author says that it is imperative that federal employees be fully aware of and ready to access the multitude of available compensation options at their disposal when the need arises (such as a medical disability) so they can secure their financial futures. He provides an overview of some of these important available options.
Impact of Government Pensions on Social Security
I retired under CSRS and then went to work for the state government under a state pension system. How will the two government pensions affect my Social Security benefits?
