A Tentative Change in Plans (for Berklee)

My plan had been that I would take one more semester, Winter 2025, and this would complete all my regular classes and up to level 4 (of 9) guitar lesson requirements. After emailing the financial advisors at Berklee, they worked out that I could take just the private lessons for four semesters and stretch out my benefits for longer than planned.

Since the private lesson is only 2 semester hours, it ends up not counting as much against my benefits as a full time course load would count. With this plan, I’d take just the private lesson for all four of the 2024 semesters, and then in the Winter 2025 semester I’d take my two remaining regular courses and the private lesson level 8 course.

Under that plan, when I get to Winter 2025 I’ll only have 13 days of benefits remaining, but the VA will extend your benefits to cover your last semester even if you only have one day remaining. The downside is that I won’t receive any housing benefits for those four semesters, but I would get them for the last semester. That’s just delaying the housing benefits by a year, so not really a significant change in that I’m not losing any potential benefits. Arguably I’m gaining a year of benefits that I handn’t planned on getting.

As it turns out, January 2025 is also our planned mortgage payoff date so we’ll be getting a few needed income bumps in that timeframe. Without the housing benefit for the next year, our cash balance will likely drop a bit, but we should be able to stretch things out enough until the house is paid off. Worst case scenario, we can dip into my 401K for a bit of cash to tide us over, but hopefully that won’t be necessary.

The held breath before the drop...

It’s Election Day here in the US. The hope is that in twelve-ish or so hours we’ll have a new president-elect due to an overwhelming margin of victory. That’s the hope. The expectation is that we won’t be fortunate enough to get an overwhelming margin of victory and Trump will claim voter fraud and any number of other falsehoods if he isn’t declared the winner. There’s a chance the election won’t be settled for days, weeks, or even months. There’s also the chance that even with an overwhelming margin of victory by Biden that Trump will claim voter fraud, election tampering, etc. Some of us would like to think he might finally eat some humble pie, but why would he at this point? He never has before from what I know. It will be what it will be. I only hope that there isn’t an outright attempt to ignore the will of the people, because who knows what will happen to our society in the aftermath. Large scale demonstrations and riots are likely to erupt if Trump tries to subvert an election in which he’s the clear loser. Justifiably so, but I still worry for our democracy.

On to some marginally better news - I finally got someone in HR that’s responding to my request for help with my retirement savings and it appears they will submit a transaction to correct the mistake. Hopefully within the next few weeks I’ll find out my TSP account has been switched to separated, and if desired I’d have access to those funds. At present, I have no plans to touch them for another six years since I’ll be assessed an early withdrawal fee before then. As mentioned earlier, the plan is to return to full time with Berklee, and hopefully by the time I have used up the rest of my GI Bill benefits, a trickle of work would have come available by then. There are a lot of ifs in that planning, especially considering that currently the COVID pandemic has come back with a vengeance, and appears to be setting new records of morbidity and mortality. It’s tarnished the luster of returning to work in the near term a bit.

We may just continue to tread water until it seems we’re on the far end of the pandemic, which could be a year from now or even longer. I have around $20k in my deployment related TSP account, which should take less of a tax hit if I needed to make a withdrawal for an acute need. Hopefully the housing allowance from the GI Bill will be enough to keep us in the black for the next year or until I get some amount of recurring work again. All that said and even with the election misgivings, we’re feeling a bit more stable now and are settling in to the present new normal. We’ll see how long it holds.

The frustration is ever present...

After a few back and forths with VES, they requested a collaborative agreement memo signed by a physician, including their license number. This differs slightly from what I used in 2016, which was just a memo signed by a physician with their name/title printed on it. As that memo was signed by the as of then not psychotic former coworker, I knew I needed an updated memo. Thankfully, my present supervisor in my dormant fee-basis job was not only willing, but very prompt in filling out said document and returning it posthaste. Cry fury, and loose the snares of obtuse administrators improvising further obstacles over which to jump.

Now, they needed a physician licensed in Texas for the collaborative agreement. A fact they failed to mention when specifying the requirements of the memo. As luck would have it, many physicians in federal service take jobs in states different from where they are licensed. It was fairly typical in the military and I’ve noticed the same trend in federal service. To compound that problem, I’m not especially social at work, and there are only a few doctors I would even consider asking. Right now I’m still waiting on a response from the only other physician in that clinic I would feel comfortable asking. The lack of response is starting to feel like a refusal, but I’m going to give it a bit more time.

I think the requirement is nonsense because my colleague who is now working overseas, got a memo from the same doctor and apparently it was good enough for that scenario. What makes overseas and stateside different for an informal relationship where the physician just states they “are available to answer questions” is lost on me. I don’t think it matters, I think it’s just another clerk throwing up unnecessary requirements so they feel better and can shift blame if something comes back on them. This happens time and time again with credentials and other HR people. There are many benefits to being a part of a big organization like the federal government, but this is probably the biggest downside. You’re often at the mercy of an entry level admin type who is some combination of incompetent and ambivalent.

To add insult to injury (that’s overstating it a bit, but I’m going for dramatic effect), I’ve been trying for over three years to get my TSP account (401Kish) changed to reflect that I was separated from regular federal employment in 2017. Without this status change, I have no control over the account and can’t contribute funds, rollover the account, or make withdrawals. In effect, my account is frozen and out of my control. It’s not a huge acute issue at this precise moment, but if we had a financial emergency (especially considering our current situation), we’d be unable to use these funds. I’m hoping to leave it untouched until I’m 59 1/2 and can withdraw without penalty. But, if we really needed to, we could withdraw everything and payoff the house with some money left over. We’d take the tax hit and an additional 10% early withdrawal fee (which would suck), but we’d be able to shift our monthly budget by $1500 in the black since we wouldn’t be paying a mortgage any longer. I’m currently experiencing a similar scenario with the VA where my inquiries are either ignored or get to participate in the admin hot potato email game.

On hopefully more positive news, I’m strongly considering resuming my studies at Berklee. Depending on any developments with the job front, I can go back to full time studies and derive a $900 monthly housing allowance, not to mention the yearly stipend for books. I have 14 months of GI Bill remaining, so this should get us through another year of employment uncertainty. Hopefully by then, some trickle of work would have returned for fee basis examiners. It’s what I’ve been needing to do anyway, and the more I’ve thought about it, I really need to get my ass in gear and submit my application for the guitar dual major and get as much done while I have GI Bill benefits remaining. I may not be able to complete all requirements, but I should be able to close the gap significantly. I think the private lessons requirement of 9 semesters is the one I’ll most likely be lacking when my benefits are used up.

I’ll cross that bridge when I find it. I like this plan because it at least puts on more stable ground financially and I’ll be more or less in the driver’s seat again in regards to my work status.

Laid off

I got the news via email (at 3 AM, which is nice) that Fee-Basis are being laid off by Ambulatory Care/C&P for the next 2-3 months or until C&P resumes normal operations. They are suspending any in-person exam requests and our outgoing program analyst (Curray) said he wasn’t sure they would have enough work for the FTEs (full-time equivalent) as well. While I can’t disagree with the logic, it came a bit faster and harsher than expected.

We’d already been game-planning the possibility, so it doesn’t come as a complete shock, but again, it was a bit sudden. Right now I’m trying to decide how I’m going to approach this. I sent out a feeler to Holly Gallegos (fellow Fee Basis and VES examiner) to see if she had an updated point of contact with VES. I have a feeling they are going to be scaling back if not suspending operations as well because I assume conducting exams would open them up to some liability issues. I’m curious if VBA is triggering the change to what they call ACE (acceptable clinical evidence), meaning exams and opinions that can be conducted remotely. That may be the case. This means that there’s probably going to be a huge backlog again in the future when the VA resumes normal operations.

I’m not sure, but it’s possible we can survive on my pension income alone, so we’ll just ride the storm out for as long as needed. We’ll have a better idea in the next couple of months about what’s happening with our cash flow. I’m debating about resuming a full-time schedule with Berklee, but I honestly would rather change my major to dual Guitar/Music Production before taking any more classes. I’ve got to decide on an audition and just submit it. Ironically, I’ve been laying off the guitar for several days with the COVID doldrums, so this may be the spark I need to get my playing back into shape. I hope my elbows are on board for this as well.

This was always the big risk/worst-case scenario when I decided to switch to Fee-Basis three years ago. I can’t really complain because I’ve been able to earn an additional three year’s salary above what I would have earned as an FTE, not to mention I’ve been working three days a week at most. It’s a strange feeling to think I’m not going to be scheduled to work anywhere for the indefinite future. COVID-19 is proving to be this generation’s single greatest cultural, economic, historical, etc. event. The world is already significantly different and I don’t see things ever going back to where they were before.

I’m glad we had paid so much down on the house, although the argument could be made that a bigger emergency fund would have served us better in the short term. We crossed under $100K a few payments ago, so switching to the minimum payment will stretch out our payoff date to six years, down from our plan of one year. We have a decent checking balance at present, so I’ll just watch what happens to our balance over the next few months. Given our normal monthly necessary (emphasis on necessary) expenditures, we may break even or even accrue income.

I’ve started canceling all the non-essential subscriptions, mainly to some music programs like Steven Slate and East-West Composer Cloud. I may leave others as-is for now, just to see what happens with our bank balances. We shouldn’t need to cut off any vital services like phone, internet, television. We should have enough money to cover those as well as groceries. We do have to think about those big financial outlays like the various insurance bills - medical, home/auto. We should be able to cover those, but they are big single time expenditures different than monthly maintenance.

I think there may be some silver linings to these clouds, although difficult to see at present.