Fed Employees' Pension Funds in Debt Reduction Negotiations

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athuddrive

Fed Employees' Pension Funds in Debt Reduction Negotiations

Post by athuddrive »

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Last edited by athuddrive on Fri Aug 19, 2011 9:04 pm, edited 1 time in total.

crondanet5
Posts: 4330
Joined: Tue Aug 19, 2008 8:51 pm

Re: Fed Employees' Pension Funds in Debt Reduction Negotiati

Post by crondanet5 »

She's got my vote.

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Jahbulon
Posts: 3901
Joined: Wed Nov 17, 2010 1:22 pm

Re: Fed Employees' Pension Funds in Debt Reduction Negotiati

Post by Jahbulon »

Or they could just settle the debt limit issue and be done with. But it does raise concerns that the Feds see the G Fund as their money? Oh, I guess I'm just getting too doom and gloom........never mind.

crondanet5
Posts: 4330
Joined: Tue Aug 19, 2008 8:51 pm

Re: Fed Employees' Pension Funds in Debt Reduction Negotiati

Post by crondanet5 »

Click on the TSP News box above and select the May 17 2011 article. It says the G Fund money is not the Treasurys to spend. They can do something weird about the interest paid on some of it, but the G Fund money is safe. There's probably scads more info available on the official TSP web site. So basically we're mostly safe if in the G Fund if that makes sense.

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