CSRS Is Better Than FERS. Are You Sure?
The author walks the reader through some examples to illustrate that the CSRS retirement system may not be better than the FERS retirement system, despite popular belief to the contrary.
How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
The author walks the reader through some examples to illustrate that the CSRS retirement system may not be better than the FERS retirement system, despite popular belief to the contrary.
The minority staff of the Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia recently released a report detailing more than $1.4 trillion in savings over 10 years in areas under its jurisdiction. While many of the proposed cuts are not new, some of them would significantly impact federal employees if they were to be enacted.
The author says that there is nothing wrong with Social Security per se, but the money in the trust fund has been spent by politicians on both sides, rendering the program insolvent.
The President has released a proposal outlining his ideas for ways to cut the growing federal deficit. The plan aims to make as much as $3 trillion in cuts, some of which would directly affect federal employees if they were to be enacted.
A group of labor, management and union groups sent a letter to President Obama on Friday urging him not to target federal employees’ salaries or benefits in the deficit cutting proposal that he is scheduled to unveil on Monday.
These are some available discounts to government workers from various major companies.
The 2nd U.S. Circuit Court of Appeals has decided in favor of an Air Force reservist in his case against Wachovia Securities LLC, providing a major victory to service members who leave well-paying commission jobs to serve their country in the armed forces.
Senators Boxer, Grassley, and Congressman Tonko have called on OMB to ensure transparency in government contracting by issuing a determination on the maximum allowable compensation for government contractor senior executives before the end of the current fiscal year.
Nine Samuel J. Heyman Service to America medals were given out to outstanding public servants at the annual ceremony in Washington, D.C. on September 15.
After “When Small Savings Add Up to a Lot of Money” appeared in Fedsmith, I was contacted by a couple of FERS employees who wondered what the results would have been for a FERS employee. Here are the results.