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Dec 13, 2017

Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling


Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling


'...The two funds are the Civil Service Retirement and Disability Fund (CSRDF) and the Postal Service Retiree Health Benefits Fund. Mnuchin said the government can no longer fully invest in these funds as a way to avoid exceeding the debt ceiling. He noted, however, that once the debt limit is raised, the funds will be made whole again, much along the lines of what is done with the TSP’s G Fund...'


Reference: www.fedsmith.com
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Dec 5, 2017

Here's how the Republican tax cuts would actually be felt by regular Americans


Here's how the Republican tax cuts would actually be felt by regular Americans


'...the link between the tax bill and a change in take-home pay may not be obvious to all workers, because lots of other factors can cause take-home pay to change in January. For example, some workers (including federal employees) get annual raises on January 1...'


Reference: www.businessinsider.com
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Dec 4, 2017

CSRS & FERS Disability Retirement: Life’s silent opera


CSRS & FERS Disability Retirement: Life’s silent opera


'...For Federal employees and U.S. Postal workers who suffer from a medical condition, such that the medical condition prevents the Federal or Postal worker from performing one or more of the essential elements of the Federal or Postal worker’s job, life’s silent opera begins. It is time to prepare, formulate and file an effective Federal Disability Retirement application, because – while no one acknowledges the “voices” and “sounds” of the medical condition, the “movements” are there, of the Agency beginning to realize less-than-acceptable performance; of using too much SL or extending one’s FMLA and remaining on LWOP...'


Reference: federaldisabilityretirement.wordpress.com
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