Con artist accused of stealing $100M from Army to spend on luxe homes, cars is allowed to retire with full benefits: ‘I earned it’

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'Janet Yamanaka Mello, 57, who is currently under criminal investigation, brazenly claims she “earned” her civil servant retirement package despite allegedly using the funds to purchase over 30 homes, luxury cars, and jewelry through the seven-year-long scheme. The military admitted that there is nothing that can be done ...treason, rebellion or insurrection, or other similar offenses. There is no similar statutory authority for denying retired pay based on a conviction of other offenses.'

Reference: nypost.com
Tags: Failed DOJ,Corrupt Government,criminal investigation,FERS,Federal Retirement,Crime,Destruction of America,Destruction of the Rule of Law,

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Beware Federal Employees: Mandatory Medicare First Step to Eliminating FEHB Coverage for Retirees?

'...Postal reform legislation may impact the rest of the federal workforce by changing Medicare eligibility and increasing FEHB costs...As is often the case in Congressional bills, the bill’s title does not reveal the real impact of the proposal. In this case, “Postal reform” legislation has been introduced in the House of Representatives. The title is accurate but the real impact may be the potential to increase health care premiums for federal employees and retirees enrolled in Federal Employees Health Benefits (FEHB) plans. The legislation could also turn out to be the first step in removing federal retirees from the FEHB..'

Reference: www.fedsmith.com
Tags: Medicare , FEHB Coverage for Retirees, Mandatory Medicare,USPS retirement,Federal Retirement,Retirement,

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Money May Not Be Federal Workers' Main Motive For Quitting

'...why people quit their jobs in 2021. The main drivers, according to Pew, were lack of respect at work, no opportunities for growth, and undesirable pay. The 2021 Merit Principles Survey asked federal employees about the three issues Pew identified as well as respondents’ intentions regarding quitting their jobs. ...'

Reference:
Tags: Federal Retirement, Quitting Federal Employment,

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What's Happening with Retirement

'...in the active workforce CSRS people are seen as kind of a favored sub-category, with a civil service annuity formula producing a benefit roughly double what FERS people earn, for the same years of service and the same high-3 salary level. (The Social Security component of FERS and the employer contributions to the TSP there were designed to make up the difference. Whether they do is another question, one that you can get answered by asking any FERS person whether he or she would rather have CSRS.)...'

Reference: www.fedweek.com
Tags: CSRS vs FERS, Social Security, TSP, Federal Retirement,

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Seniors group warns of Social Security buying power loss

'...Social Security has already lost 23 percent of its buying power since 2000, and another potential year of no cost-of-living increase could squeeze seniors — whose expenses haven’t lowered with low inflation...'

Reference: www.benefitspro.com
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Federal employees to pay more for retirement in GOP plan

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Republicans look to require federal workers to pay more for retirement

'...the bill is a GOP attack on federal workers, and said Congress needs to balance any proposed cuts to the government...'

Reference: thehill.com
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Federal Retirement Cuts Coming Soon?

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GOP proposes changing federal worker pensions

'...Federal employees would pay more toward their pensions and new employees would receive less generous retirement benefits under a House Republican plan to pay for highway programs....'

Reference: www.wtop.com
Tags: Federal Retirement,

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Is FERS too generous

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FERS Fact Check

'...whether they are too generous -- are the subject of much discussion right now on Capitol Hill...'

Reference: federal-retirement.blogspot.com
Tags: Federal Retirement

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