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
Tags:

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
Tags:

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
Tags:

Nov 13, 2017

House bill would eliminate existing federal tax breaks for state and local income or sales taxes


House Won't Accept Repeal of Local Tax Break, Brady Says


'...The House bill would eliminate existing federal tax breaks for state and local income or sales taxes...'


Reference: www.bloomberg.com
Tags:

Nov 6, 2017

Sen. Rand Paul Recovering From 5 Broken Ribs After Assault


Sen. Rand Paul Recovering From 5 Broken Ribs After Assault


'...trying to figure out why Paul's neighbor, a fellow medical doctor, might allegedly have attacked him with enough force to fracture five ribs. Paul was reportedly tackled while he was mowing the grass at his home in Bowling Green, Ky...'


Reference: www.npr.org
Tags:

Oct 6, 2017

House Budget is an attack on FERS employees more so than CSRS, cuts G Fund rate, ends SRS, raises employee contributions again


House advances 2018 budget resolution with federal retirement cuts


'...Those reforms would include: Higher employee contributions to the federal defined benefit pension plan; An elimination of supplemental payments to employees who retire before age 62; A switch to a defined contribution pension plan for new federal employees; reduce the G fund’s rate of return in the Thrift Savings Plan...'


Reference: federalnewsradio.com
Tags: destruction of the middle class, Attack on Veterans, The destruction of FERS benefits, CSRS vs FERS,

Sep 13, 2017

Clinton State Department silenced them on Benghazi security lapses, contractors say



'...Security at the State Department's Benghazi compound was so dire that another contractor was brought in to clean up the mess just two weeks before the 2012 terror attack – and was later pressured to keep quiet by a government bureaucrat under then-Secretary of State Hillary Clinton, according to two men from the American security company...'


Reference: www.foxnews.com
Tags: State Department, Hillary Clinton, Secretary of State, Benghazi,