The National Treasury Employees Union on Friday said that the Trump administration failed to clarify that the controversial initiative applies to those making $4,000 or less after several pre-tax deductions, not their gross pay.
In a questionnaire published by the National Active and Retired Federal Employees Association, the former vice president said he would abandon efforts by the Trump administration to force federal workers to contribute more to their defined benefit retirement accounts.
D.C. Circuit Court finds that a lower court improperly dismissed a lawsuit by an EEOC attorney who said the agency interfered with her pay and benefits and denied reasonable accommodation requests over her filing discrimination claims against federal agencies.
Federal payroll processors are pushing ahead with the mandatory deferral of Social Security taxes between now and the end of the year, while warning employees that they will have to pay them back next year.
All three of President Trump’s picks suggested that investing feds’ retirement money in Chinese companies could be too risky, but said they would base any decisions within their fiduciary responsibility to participants.