Office of Personnel Management

TSP Matching for Military

The TSP is a wonderful benefit for all federal employees. Unfortunately, our military men and women do not enjoy the benefit of TSP matching.

 

Matching for any employee is a huge bonus, but a large expense for the government. I propose that we reduce matching to 2% for civilian employees and give a matching TSP of 2% for military personnel.

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-8 votes
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Department of Commerce

Savings on Retirement Costs

I suggest that as retirement age for social security is increased, the penalty for taking early withdrawals should be reduced for workers in jobs requiring manual labor, long hours of standing, and other physical hardships. This could still save billions, while being humane to the physically challenged. Eligibility requirements could be based on job descriptions and age.

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-3 votes
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Office of Personnel Management

ELIMINATE PENALTY FOR EARLY RETIREMENT

Eliminate "penalty" for early retirement. Many employees who have the age and years of service to retire, and who have lost interest in their department/agency mission, do not retire until they are old enough to avoid having their retirement annuities reduced. (This actuarial reduction is often referred to as an "early retirement penalty.") Eliminating this penalty, while costing the retirement system more, will ventilate ...more »

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13 votes
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Automatic Workplace Pensions

Offer one-time early retirement and buyout for CSRS employees

I would suggest that all departments of the Federal Government offer all (no exceptions) current employees in the CSRS pension plan a one time (never to be offered again) early out retirement option with a one-time incentive bonus (40% of their base salary). These employees would have been continuously employed by since Jan 1, 1984, and have a minimum of 25 years of Federal Service towards this pension (actually 26 years). ...more »

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26 votes
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Department of Homeland Security

ELECTIVE furlough with return rights, FEHB and FERS continuity

Employees should be permitted to elect to take 1-year furloughs with return rights to the same job & post of duty (and continuity of health benefits, or retirement coverage). For the employee, its a risk-free opportunity to pursue an advanced degree, start a business, or try out a different career field. For the American people: substantial cost savings.

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3 votes
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