New GM CEO Akerson To Receive $9M Pay Package

GM’s new CEO Dan Akerson’s compensation package for the next 3 years has just been filed with the SEC.  It outlines a total of $9 million dollars to be paid through a combination of salary and stock options. Mr. Akerson is replacing Ed Whitacre who has led General Motors through bankruptcy and the subsequent bailout […]

Federal Employees Retirement Pension Calculation

The basic annual CSRS (Civil Service Retirement System) annuity is expressed as a percentage of your highest 3 years average salary. Your high 3 percentage is determined by a three-part formula based on your length of creditable service. You earn: 1.5% x High-3 x first five years of service plus 1.75% x High-3 x next five […]

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