The Professional Managers Association is telling fed-postal-retirees to stay alert as federal retirement contribution changes are proposed by the Trump administration.
If any of the Trump administration’s proposals to overhaul the federal pay and pension plans make it through Congress, thousands of federal workers might have to extend their tours of duty by as much as a decade to maintain their standard of living.
The Trump administration’s plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.
When it comes to the federal Thrift Savings Plan, financial planner Arthur Stein says the average doesn’t tell you everything because TSP stock funds do not have many “average” years.
COLAs are based on the rise in inflation, as measured by the Consumer Price Index-W, from the third quarter year over year. It’s possible the January COLA will be less if living costs drop, but that is unlikely given the year-long rise in oil-prices, one of the chief drivers of inflation.
Republicans who want to stave off a midterm majority-party defeat might want to run some numbers on fed voters in their districts.
If you live and work in Washington long enough, you start running taking people’s — especially politicians’, lawyers’ and talking heads’ — statements, actions and facts through your own filter.
Some politicians think the at-will hiring system is so good and works so well they want to extend it to federal civil servants in the executive branch.
The White House has revived old proposals to make feds pay more for, and get less from, their retirement package while also eliminating a gap payment for workers who retire before age 62, even if they are required to do so.
So let’s take a break from bureaucrat bashing as Public Service Recognition Week runs now through Saturday.
Observers are casting their bets on which city will be chosen for Amazon’s coveted HQ2 facility, and the jobs that come with it.
The federal family of working civil servants, retirees, spouses, friends and family is old enough to vote, and with many good reasons to vote.
Upon learning how the semi-automatic 3 percent within-grade increases work, one top outsider assigned to White House government overhaul is said to have referred to them as “zombie pay raises.’’
John Grobe, a former fed and benefits specialist, crunch some numbers you need to know before you retire from a federal career.
|May 18, 2018||Close||Change||YTD|
|Closing price updated at approximately 6pm ET each business day. More at tsp.gov.|