The next political debate on the federal debt will be the question of raising the debt ceiling which is currently about $14.3 trillion. Since this ceiling will be reached in a short time, and since Congress has not yet voted to raise the debt limit, what will be the impact on federal retirement funds while the debate continues?
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The Author cites the results of the inconclusive union election at the Transportation Security Administration and asks whether the results may have some meanings not discussed in other forums or in news reports.
Dennis Reischl was known to many in the federal labor and employee relations community. He passed away recently. A friend, colleague, and admirer explains what he contributed to the federal community.
What do readers think about the performance of Congress and the president so far? Perhaps, in part, reflecting concern about proposals to reduce federal employee benefits and a pay freeze, the ratings are very low.
A number of readers have asked about the backlog in processing retirement applications. OPM is making progress. The time it takes to process a retirement action has improved by about 15%. The agency’s goal is to get the processing time down to 45 days.
Readers have commented that federal employees may feel like targets as the government addresses the challenges facing our country today. How do you rate the performance of Congress and President Obama? Who do you prefer to see as the Republican candidate for president in 2012? Take this new survey and submit your opinion and comments.
Should there be a pay for performance system for federal employees? Are federal employees compensated fairly? Should the GS system be changed? Readers cut through the rhetoric and give their opinion on financial topics directly impacting the federal community.
Maximizing your Federal employee benefits starts with you making the effort to find out first what benefits you may be eligible to receive.
The latest budget proposal from the administration does not adopt many of the recommendations from the deficit reduction commission and does not propose substantial changes to the federal retirement system. Here are some of the changes proposed to save money by the federal government that will impact some in the federal community–including one agency where the agency would initiate a buyout of jobs no longer needed.
