A government shutdown: What federal employees need to know about their pay and benefits

By Eric Yoder September 18 at 6:00 AM

With a potential government funding lapse drawing close, some financial planning now will help federal employees be ready if the money stops Oct. 1.

The good news for some is that the money won’t stop. For the most part, this involves those working for agencies that are “exempt” from a shutdown because they don’t get their funding through the congressional appropriations process.

The largest of these is the U.S. Postal Service, which operates on income from postage and the items it sells. Other agencies, or parts of them, also have funding not subject to annual appropriations — for example, through fees they charge for their services, or from trust funds or multi-year budgets. Continue reading “A government shutdown: What federal employees need to know about their pay and benefits”