Ask The Experts: Retirement

By Reg Jones

Monthly annuities and government shutdown

Bookmark and Share

Q. Will federal retirees continue to receive their respective monthly annuities during the possible federal government shutdown?

A. During a sequester, the payment of those monthly annuities is mandatory. However, if the debt limit wasn’t raised and the government ran out of money, they wouldn’t.

Leave a Reply

PLEASE NOTE! Do not submit ANY questions via the Comments form. Instead, please send your questions directly to Questions submitted via the Comments form will NOT be answered!