The Impact of Time on Social Security
The author says that the more time that goes by, the worse off financially the Social Security program becomes. He argues that politicians need to work on a fix before it’s too late.
The author says that the more time that goes by, the worse off financially the Social Security program becomes. He argues that politicians need to work on a fix before it’s too late.
When it becomes fully operational, the phased retirement program will allow pre-approved employees to reduce their work schedule to part-time, while simultaneously paying them a partial annuity. Will this be a net gain for employees?
The Senate has passed the Ryan-Murray budget agreement. The House passed the bill earlier this week. Pension contributions would increase for new federal employees under the terms of the agreement.
Despite problems with furloughs, a salary freeze and disparaging publicity about the federal government, some agencies came out with good ratings on job satisfaction from employees.
Senator Tom Coburn (R-OK) has released his annual wastebook report, a compilation of what he believes to be some of the most egregious examples of wasteful spending at the federal level.
Will federal employees get an extra day off on Christmas Eve this year?
The long, strange road for a federal employee pay raise has gone through twists and turns but appears likely to be implemented in January, ending the pay freeze that has been in place since 2011.
The Thrift Savings Plan has provided favorable returns to stock fund investors over the past several years. One indicator is the increasing number of TSP investors with at least $1 million in their TSP accounts.
The Department of Veterans Affairs has reduced a disability claims backlog but more work remains to be done, according to recent testimony before the Senate Committee on Veterans’ Affairs.
The Postal Service wants to put all retirees under Medicare in order to save billions of dollars. When this is considered by Congress, look out for a similar change proposed for the remainder of the federal workforce.