Longing for the good old days – you sure?

Do you find yourselves longing for the good old days, or your version of same?

Maybe back to a time when candy bars were only a nickel or a dime, or when movies didn’t carry warnings that in some of the scenes people, like Gen. Ulysses S. Grant or Winston Churchill, might be depicted smoking? Or when kids went to school at actual schools, when only robbers went into banks wearing masks?

Back when some believed that the 2020 presidential race would see Sen. Bernie Sanders (I-Vt.) or Beto O’Rourke would square off against Sen. Ted Cruz (R-Texas) or Roque “Rocky” De La Fuente — look him up — or somebody else, as in anybody but the 2020 lineup of either, or both political parties.

It is amazing how something like a once-in-a-century pandemic can flip everything in your personal or work life. A year ago many feds were concerned — with very good reason — that teleworking was in trouble and would be whittled back if not decapitated in many agencies. Some of the agencies that were reducing work-from-home options and hours are now mostly teleworking, and therefore still functioning.

A year ago many feds were concerned that higher health premiums were coming in 2020. Now those same people wonder what impact the incredibly costly coronavirus care will do to their programs and coverage, and its impact on the relatively small portion of the total premium they pay.

Many government newcomers, politically innocent, were concerned that Congress would finally reduce the value of future retirement benefits, and make workers finance a bigger share of their retirement. And/or freeze benefits at current levels for many and reduce or eliminate future cost-of-living adjustments for many others currently working or retired. These were serious threats in the past, yet none of those threats were serious this year because politicians — most up for reelection — were looking for ways to save jobs (yours but primarily theirs) using your money.

The good news is that those threats, some pending for years, are no longer on your save-my-career radar scope. The not-so-good news is why they have disappeared. What a year!

Nearly Useless Factoid

By Amelia Brust

The first successful instant mashed potatoes were made using the “flake process” developed by the USDA’s Eastern Regional Research Center in Wyndmoor, Pennsylvania, in the 1950s and 1960s.

Source: American Chemical Society

Related Stories

Comments

Your Turn with Mike Causey

WEDNESDAYS at 10 A.M.

Learn about everything from pay, benefits and retirement, to buyouts, COLAs and pay freezes. Call the show live Wednesdays from 10-11 a.m. at 202-465-3080 with your questions. Dial 605-562-0264 to listen live from any phone. Follow Mike on Twitter and send him an email with your questions and comments. Subscribe on Apple Podcasts or Podcast One.

Sign up for breaking news alerts

THRIFT SAVINGS PLAN TICKER

Oct 29, 2020 Close Change YTD*
L Income 21.4513 0.0314 1.59%
L 2025 10.2950 0.0346 -
L 2030 35.1256 0.1462 1.76%
L 2035 10.3802 0.0473 -
L 2040 38.6498 0.1922 1.73%
L 2045 10.4416 0.0555 -
L 2050 22.5586 0.128 1.64%
L 2055 10.5611 0.0752 -
L 2060 10.5612 0.0753 -
L 2065 10.5612 0.0752 -
G Fund 16.4844 0.0003 0.76%
F Fund 20.9739 -0.0509 6.75%
C Fund 49.1202 0.5843 5.50%
S Fund 59.6906 0.5324 3.45%
I Fund 29.4250 -0.0061 -6.83%
Closing price updated at approx 6pm ET each business day. More at tsp.gov
* YTD data is updated on the last day of the month.