Dan and Katelyn delve into potential pay freezes, providing insights on mitigating their possible impacts. They also explore survivor benefits, discussing topics such as TSP designations and Social Security benefits.
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Katelyn explores the implications of potential pay freezes in the federal workforce, focusing on their effects on COLA. She examines the interplay between politics and federal salaries, explains how pay freezes are implemented, and highlights their pros and cons. Additionally, she offers strategies to help mitigate the negative impacts on employees.
Next, Dan discusses survivor benefits, focusing on the survivorship annuity under CSRS and FERS. He covers TSP designations and health insurance options for spouses in retirement. Additionally, he explores Social Security survivor benefits, including relevant rules and regulations. Dan emphasizes the importance of making informed decisions about survivor benefits in relation to CSRS or FERS pensions.
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