Thursday Trivia

By FederalDaily Staff

Blog archive

Feds and national debt

True or false.  Federal employees own $1 trillion of U.S. debt?

A. True
B. False

>>>>>>>>>>Scroll down for the answer>>>>>>>>>>>>>>>






































Answer: True.

“If federal employees were a foreign country they would rank only behind China and Japan as holders of U.S. Treasury securities, according to federal data. The Civil Service Retirement System and the Federal Employee Retirement System hold a combined $837 billion in Treasury securities, and the Thrift Savings Plan holds another $194 billion. In combination they rank only behind the Social Security Trust Fund, China and Japan as holders of public debt.” Read more.

Posted by FederalDaily Staff on Jun 08, 2017 at 7:35 AM

Reader comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above


Edward A. Zurndorfer Certified Financial Planner
Mike Causey Columnist
Tom Fox VP for Leadership and Innovation, Partnership for Public Service
Mathew B. Tully Legal Analyst

Free E-Newsletter


I agree to this site's Privacy Policy.

Stay Connected

Latest Forum Posts

Ask the Expert

Have a question regarding your federal employee benefits or retirement?

Submit a question