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What the Shutdown Means for Your Retirement

January 03, 2019 / Tammy Flanagan

Due to the ongoing partial government shutdown, more than 300,000 federal employees are currently on furlough without a guarantee of back pay. An additional 500,000 are working but facing delayed paychecks. Because the end of the year is a popular time to retire, some employees may have spent their last days on the job in a furlough status and may be in the dark as to how their retirement processing is coming along. This information is also very important for people who are planning to retire or who are simply wondering about their benefits while waiting out the furlough period.