Last week the TSP (and its participants) paid for yet another 3rd party study, which yet again recommended adding more fund choices, which yet again the TSP will likely ignore. Continue reading
Category Archives: FERS Retirement
GubMints New Year Predictions for 2014
Happy New Year! It’s time to make some predictions for 2014 that affect Federal Employees and Veterans.
1. Feds, You’ll get your 1% raise, (if you’re still working).
2. Then again, maybe you won’t.
There’s no guarantee there won’t be another round of furloughs this year once the Defense Service Chiefs figure out they are going to run out of ‘Gas Money’ by August.
The Ryan-Murray Budget Deal cuts Veteran and Fed Benefits
Sen. Murray and Rep. Ryan recently inked a compromise to avert another government shutdown. Here’s how the Deal affects Federal Employees and Veterans.
Short answer: No effect on benefits for Active Military and Active Feds, minor effect on Retired NG/Reserves, much effect on Active Duty Retired Veterans, Retired Feds, and Future Feds.
Federal Employee Morale Stinks - What to Do?
This is what showed up on my RSS newsreader this week….
Notice a recurring theme here? Federal Employee Morale stinks. This is because overall Federal Employee compensation is shrinking while workloads are expanding (due to hiring freezes). Pay, benefits, and the FERS Annuity itself are once again bargaining chips on the table.
No wonder 12,000 Feds bailed out in October.
Two Navy commands I met with last month were both mentally preparing themselves for the Next Shutdown (in January 2014).
What to do? Continue reading