Thread: Retirement is threatened to CSRS

Isn't there something we can do to stop this downgrading of Gov't Employee benefits? CROOKS!!
Did I vote for this guy, NO!

Originally Posted by wv-girl

Cuts to Federal Employee Retirement Annuities Proposed in House; Denounced by NARFE


http://www.myfederalretirement.com/public/419.cfm

Give the banks multiple billions but save $1.3 billion by reducing retirement benefits....what a crock!

May have to retire earlier than planned. I do hope (if this thing is acted upon) that there will be a window of opportunity to exit before it becomes effective.

I think I am going to be sick.

Hey Norm. Don't let them catch you either.

Yeah Gumby, seem like such a small amt to "save" while giving away billions upon trillions of $.
Holding my breath.

Originally Posted by wv-girl

Cuts to Federal Employee Retirement Annuities Proposed in House; Denounced by NARFE
http://www.myfederalretirement.com/public/419.cfm

Thanks wv-girl for posting this!!
Its HORRENDOUS to hear about! To think we served our country for so many, hard years!!
As suggested, I think just this being suggested, will cause a massive wave of retirements, within the coming weeks, alone!!
Then what??
--a moment of silence observed--

Originally Posted by wv-girl

May have to retire earlier than planned. I do hope (if this thing is acted upon) that there will be a window of opportunity to exit before it becomes effective.

I think I am going to be sick.

Hey Norm. Don't let them catch you either.

Yeah Gumby, seem like such a small amt to "save" while giving away billions upon trillions of $.
Holding my breath.

They won't catch me I'm already on the starting blocks!!
ZIIPPPPPPP>>>>>>>>tasmanian_devil10.gif

Originally Posted by nnuut

Isn't there something we can do to stop this downgrading of Gov't Employee benefits? CROOKS!!
Did I vote for this guy, NO!

Uh, Norm. check the article again. The proposal was MADE TO "this guy" not BY "this guy". And BTW, it was made by members of the opposing team. Nother thing to notice, included was a proposal to outsize all fulltime union reps (who would of course be anti-the proposal, just like us'ns).

Especially scary for all of us 1811's (law enforcement) who are mandatory at 57. We already have to wait for 2 1/2 years to draw on TSP without getting hit with huge taxes. Our retirement was the only thing to live on for that time frame (I doubt the SS supplement will still exist in 8 years). Oh, well...I'll leave at 50 or 51 and find another job for 10 years!

All the more a reason to protect and defend our second amendment rights!

I'm thinking same as wv-girl. If this comes about it is one more reason to pull the plug early. I fully expect benefits to be watered down in the coming years. I don't count on ever seeing any social security benefits. The buying power of the TSP account is likely to be eroded away also...if our TSP accounts don't get "nationalized" eventually.

My view is get it while the getting is good. Money in hand is better than IOU's, promises that can be broken, and laws that can be changed to our detriment.

Sock as much away as possible for the lean times. It empowers one to be able to walk out the door on ones own terms, regardless of age or eligibility.

For the right price my services could be available on a consulting/contract basis...I'd even train the new generation of gov't workers (done now as collateral duties).

Lets put reforming government pay to reflect private sector pay on the table also. There is a substantial disparity in my field.

TGIF,
T'horse

Originally Posted by alevin

Uh, Norm. check the article again. The proposal was MADE TO "this guy" not BY "this guy". And BTW, it was made by members of the opposing team. Nother thing to notice, included was a proposal to outsize all fulltime union reps (who would of course be anti-the proposal, just like us'ns).

Yer right, I wasn't aware that freakin' Republicans proposed this trash! Now that we have taken care of the misunderstanding, why not just lower every American's salary by $10 an hour? If the ultimate goal is to allow the USA to compete with Other countries that have a lower standard of living and work for peanuts, let's just get it over and do it. Minimum wage $1 an hour like it was when I was a kid, that would put us on a better completive level with China etc. Look at the Auto workers, it seems they will be making about 15 dollars an hour less to start and lose most of their retirement and health benefits because that's the way congress wants it. The new World Order!

It's not about doing what's best for our country. It's about looking our best to other countries. Why else would he tell them he's sorry for our standards and our history and our policies. bHo President of the would in 2012. That's all bHo cared about from the get. Appologizing for our beliefs and way of life is just wrong. How can a guy run the country but yet if he tried to get my job wouldn't pass the background check?