Tag: Treasury

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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OGE Reminds Agency Leaders to Promote an ‘Ethical Culture’

By on October 11, 2017 in Agency News with 0 Comments
OGE Reminds Agency Leaders to Promote an ‘Ethical Culture’

The Office of Government Ethics is reminding agency leaders to ensure they act in ways that will not erode the trust of the American public.

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Treasury Announces End of myRA Program After $70 Million Loss

By on July 28, 2017 in Agency News, Retirement with 0 Comments
Treasury Announces End of myRA Program After $70 Million Loss

The Treasury Department has announced that it is phasing out the myRA program due to substantial cost overruns and lack of use.

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Federal Employees May Be Part of ‘Secret Debt Plan’

on July 16, 2017 in Pay & Benefits with 0 Comments
The government will reach the debt limit in October, and federal employees would be affected by a backup plan that would possibly have to be put into effect to enable the government to keep paying its bills.

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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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Questions About Using Federal Employees to Analyze John Kerry’s Tax Proposals

By on April 1, 2004 in Current Events with 0 Comments

Allegations that the Treasury Dept. used federal employees inappropriately to attack the Kerry tax proposal have been made public.

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