The year ahead: what federal employees and retirees can expect

Monday - 12/31/2012, 12:00pm EST

For Your Benefit

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December 17, 2012 -- Cliffs, chains and cuts are not reassuring words when used in the same sentence as federal employee benefits.

There is some good news for 2013 (retirees received a COLA and current employee's future retirement benefits have remained largely unaffected) and there are still some concerns (furloughs, pay freezes and proposals to change current retirement benefits). New federal employees hired after 2012 will have a different name for their retirement coverage - "FERS-Revised Annuity Employees."

Join Bob, Mike and Tammy as they discuss what federal employees have to look forward to in the New Year!