Treasury Secretary on Debt Limit: ‘Extraordinary Measures’ for Civil Service Retirement and Disability, Postal Retiree Health Benefits, and TSP G Funds

January 13, 2023 WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen sent a letter to all members of Congressional leadership regarding the debt limit. The full text of the letter can be found here and is available below. The Honorable Kevin McCarthy Speaker U.S. House of Representatives Washington, DC 20515 Dear Mr….

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Should USPS’s Retirement Funds Be Invested in a More Broadly Diversified Portfolio?

Project Title: Foreign Posts’ Retirement Asset Investments Start Date: Monday, September 10, 2018 Estimated Report Release Date: March 2019 Employees of the Postal Service participate in two government-wide pension plans administered by the U.S. Office of Personnel Management (OPM): the Civil Service Retirement System and Federal Employee Retirement System. The assets of these plans are…

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Edwards Introduces the Federal Employee Pension Fairness Act

FOR IMMEDIATE RELEASE July 31, 2014 Washington, DC – Congresswoman Donna F. Edwards [MD-4] introduced The Federal Employee Pension Fairness Act today to repeal the unnecessary and increased contributions of federal employees to their own pensions. Under current law, recently hired federal employees have been forced by the Middle Class Tax Relief and Job Creation…

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