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Is it ‘Jaws’ or ‘Sharknado’ for retirees?

Congress and the White House can and have blocked federal pay raises. But since January, adjustments for retirees are linked to inflation — they can’t touch the former feds! Or can they? Short answer: Yep! Of all the legislative threats facing active/retired feds, the least visible (and worst) is probably the most likely to happen to them. A lobbyist compared it to an alligator lurking in a deep, dark swamp. “All you can see are the eyes, until it’s gotcha!” Read More.

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