It might not be surprising that pay was top-of-mind for federal employees in 2011. Most of the In Depth interviews on the top 10 list deal with potential changes to feds’ pocketbooks. Listen to excerpts from the interviews.
Federal pensions next on budget chopping block?(May 16, 2011) The 2012 budget proposal from House Republicans would have required federal employees to contribute 6 percent of your salaries. “This is potentially a serious hit to people’s pocketbooks,” said Tom Shoop, editor-in-chief of Government Executive.
Federal pay, benefits in question(June 17, 2011) The anti-federal employee atmosphere on the Hill has coincided with the urgency to cut spending this year. Federal employees dodged one bullet after another with a series of bill in Congress that impacted their pay and benefits. Tammy Flanagan of the National Institute of Transition Planning outlined some of those proposals.
Don’t panic – Why the debt limit won’t affect your TSP(May 16, 2011) As the government reached the $14.3 trillion debt limit, the Treasury Department has stopped issuing securities to the Thrift Savings Plan’s G Fund so the government can continue borrowing. But Tom Trabucco, of the Federal Retirement Thrift Investment Board, explains why feds should not worry about their G Fund investments.
Small savings key for TSP retirement goals(June 27, 2011) Tom Trabucco fo the Federal Retirement Thrift Investment Board explains how a new online chart from the TSP shows just how much critical small investments can help establish a large retirement nest egg.
In pay debate, call for General Schedule restructuring(March 16, 2011) Last week lawmakers clashed in the ongoing debate about federal employee pay during a House Oversight and Government Reform Subcommittee on the Federal Workforce, U.S. Postal Service and Labor Policy hearing. Out of the debate came a call to restructure the current General Schedule pay system. Max Stier, president and CEO of Partnership for Public Service, explained the need for a pay schedule overhaul.
As stocks nose-dive, TSP interfund transfers increase slightly(Aug. 9, 2011) It may be tempting to change your investments in the Thrift Savings Plan after stocks took a dive today in the first day of trading since the S&P downgraded American debt. But the majority of Thrift Savings Plan participants are not jumping to action, said Tom Trabucco of the Federal Retirement Thrift Investment Board.
How to make your TSP pay you(June 20, 2011) Some day, your Thrift Savings Plan account will begin paying you back. Planning for that day is something you should begin doing now. Tom Trabucco of the Federal Retirement Thrift Investment Board lays out the different ways retired federal employees can withdraw their funds.