Many federal computer specialists are still waiting to get a special pay raise intended to keep information technology employees working for the government.
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Don't worry: When the government taps the Thrift Savings Plan’s G Fund to avoid hitting the federal debt ceiling, your nest egg is protected.
Senate Majority Leader Tom Daschle, D-S.D., Tuesday criticized a possible Bush administration move to tap federal employee retirement funds to avoid immediately raising the government's debt ceiling.
The House Budget Committee agreed Wednesday night to a resolution backing pay parity for military service members and civilian federal employees next year.
The Bush administration may borrow billions of dollars from federal employee retirement funds to temporarily eliminate the need for Congress to raise the debt ceiling.
New rules will allow feds to roll over more money into their TSP accounts.