In this week’s Federal benefits news, we ask why we should care that budget talks are still underway, we get schooled on locality pay and how it's determined, and hear of early legislation to provide a pay raise for 2019. And, is OPM’s Retirement Processing Center preparing for a storm of retirements? Let’s get started.
Weekend Reading on Your Federal Benefits
In this week’s Federal benefits news, there’s a leak that says your pay could soon be frozen (but freezing your pay is not the answer), the debt ceiling is just a farce, and there’s a difference between a raise and a COLA. Also, it may be time to be concerned about taking too much money out of your TSP. Let’s get started.
Weekend Reading on Your Federal Benefits
In this week’s news, one agency decides to give everyone an early retirement offer, someone needs to explain to Congress that your pension has already been paid for, there are 3 things you may not understand about the TSP, and learn how getting credit for non-deduction service could help you to retire sooner and with more money. Let’s get started.
Weekend Reading on Your Federal Benefits
The theme of most of the news stories that I read this week (and wanted to share with you) seems to be about change. Change can be good or bad, but usually it’s uncomfortable. Is this the place where we use the term ‘tipping point’? – the point at which a series of small changes or incidents becomes significant enough to cause a larger, more important change. Only time will tell. Let’s begin.