The bailout bill “ended up attached to a measure that extends benefits to people suffering from depression and is named after a lawmaker who died in a crash.” Most people do not know what is in the bill. Congress may prefer it that way.
Your TSP funds have probably taken a dramatic hit. Put the situation in perspective before hitting the panic button and making decisions you may regret later.
A temporary government spending bill will fund the federal government into March of next year. It also contains an average pay raise for federal employees of 3.9% that will be effective in January.
The President has issued an Executive Order that authorizes noncompetitive appointments to federal jobs for spouses of military personnel.
Are stock market investors at “the point of maximum pessimism”? It isn’t possible to know but there is plenty of evidence to think we are at least in the vicinity. Here is a chart that shows how stocks have fared after dramatic one-day drops and how the stocks had fared one year later.
The stock market has been falling fast and TSP return rates are falling along with the market. And, this will surprise some current and future federal retirees, the current COLA adjustment for next January also dropped in the past month. Here is a quick summary of your TSP returns and the 2009 COLA adjustment.
Where will you choose to live after retirement and why will you live there? Perhaps you would like to relive some of your college experiences. Here are a few considerations and suggestions.
Is a four day/10 hour a day workweek a good idea for the federal workforce? Congressman Steny Hoyer raised the issue recently and OPM responded with a letter rejecting the idea. FedSmith readers generally like the idea. Here are the results of last week’s survey.
As President of the United States, how would John McCain approach managing the millions of federal employees who would be working for him? What changes would he be likely to make and how would his philosophy influence the federal workforce?
Congressman Steny Hoyer wrote OPM to ask for a quick study on a four-day workweek for the federal workforce in the name of energy conservation. OPM tells the Congressman it isn’t such a good idea.
