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11:52 pm, April 1, 2015

Pay and Benefits News

No more fireproof feds

Members of Congress are pursuing legislation that would make it easier to fire federal employees for misconduct or malfeasance. Senior Correspondent Mike Causey says the lawmakers are focusing on career civil servants, namely members of the Senior Executive Service.

Wednesday - 04/01/2015, 03:00am EDT

Jessica Klement, Legislative Director, NARFE

Both the House and Senate's budget plans for fiscal 2016 aim to reduce the federal deficit. And to help do that, both plans include provisions to increase federal employee pension contributions. Jessica Klement is Legislative Director of the National Active and Retired Federal Employees Association. On In Depth with Francis Rose, NARFE said those and other provisions tantamount to a pay cut for federal employees.

Tuesday - 03/31/2015, 04:24pm EDT
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Feeling lonely? Defense by the numbers

Do you know how many fellow federal workers live in your city, your congressional district or your state? Senior Correspondent Mike Causey says you probably don't, but you should take comfort in knowing that you're most likely not alone.

Tuesday - 03/31/2015, 03:00am EDT

Discussion of TSP issues by the people who know

The Federal Thrift Retirement Investment Board's Greg Long and Kim Weaver join hosts Bob Leins and Tammy Flanagan to discuss the TSP and plans to use a loan from the G Fund to help fund the federal deficit.
March 30, 2015

Monday - 03/30/2015, 09:12pm EDT
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Pay, pension and TSP 'take-aways' you didn't order

In England and in some parts of this country, a "take away" is when you order a popular fast food and take it home with you. In Washington "take away" is the legislative-political equivalent of bend-over-and-smile-this-is-going-to-hurt-you-more-than-me, says Senior Correspondent Mike Causey.

Friday - 03/27/2015, 02:00am EDT

Answers to your retirement questions

David Snell, NARFE's director of retirement services, will answer you retirement questions, and Federal Times Senior Writer Andy Medici will give us an update on the latest news on Capitol Hill.
March 25, 2015

Wednesday - 03/25/2015, 08:35pm EDT

Federal retirement: When, where, why?

Does your retirement game plan have an end date? Have you figured out what you will do with 100 percent more leisure time, asks Senior Correspondent Mike Causey.

Wednesday - 03/25/2015, 02:00am EDT

Danger pay for feds: Why not?

Instead of a federal pay cut, politicians might want to think about giving hazard pay to lots of government workers, many of which have dangerous jobs, says Senior Correspondent Mike Causey.

Tuesday - 03/24/2015, 02:00am EDT

How the federal budget may affect your personal financial plan

Hosts Bob Leins and Tammy Flanagan discuss how possible changes to the tax law could affect how you plan for retirement.
March 23, 2015

Monday - 03/23/2015, 08:26pm EDT

House GOP budget targets TSP's G Fund

"It would drop the interest to virtually zero, which would make the G Fund worthless to our participants," the Federal Retirement Thrift Investment Board's Kim Weaver said of the House proposal.

Monday - 03/23/2015, 02:23pm EDT

Tax free retirement sound good?

It's tough enough figuring out how much you're going to get from your federal pension, but what states are going to benefit you the most in your retirement years? Before you pack your bags, see what Senior Correspondent Mike Causey has to say.

Monday - 03/23/2015, 03:00am EDT

GOP budget bills aim to bolster DoD funding, cut government waste

Republican lawmakers released their Fiscal Year 2016 budget plans this week, containing increased spending for the Pentagon, cuts for non-Defense operating budgets and a hike in federal employees' contributions to their retirement plans.

Friday - 03/20/2015, 04:46pm EDT

These lucky feds are getting a 30 percent pay raise

What would you do if your pay increased by 30 percent or more? A handful of federal employees in North Dakota and Montana's booming oil region are about to find out with their next paychecks.

Friday - 03/20/2015, 11:31am EDT

Pay cut: That ain't funny

Funny is a relative thing, especially when it comes to members of Congress cutting federal pay, says Senior Correspondent Mike Causey. It's hard sometimes to see the humor in that.

Friday - 03/20/2015, 03:00am EDT

Rep. Chaffetz to try again to fire tax delinquent feds

Rep. Jason Chaffetz (R-Utah) is expected to reintroduce a bill to make it easier for agencies to fire or not hire people with "serious" tax debt. But some lawmakers say the process the IRS uses may be a better option than legislation.

Thursday - 03/19/2015, 07:26am EDT

That deer in the crosshairs is you!

Senior Correspondent Mike Causey explores the connection between federal employees, a retiring congressmen, deer hunters and Downton Abbey.

Thursday - 03/19/2015, 03:00am EDT

Labor secretary says new overtime rules coming soon

Labor Secretary Tom Perez told Congress on Wednesday that his agency is still working on President Barack Obama's directive a year ago that the department come up with new rules to make more workers eligible for overtime pay for working beyond their scheduled hours.

Thursday - 03/19/2015, 02:40am EDT

The mysteries of estate planning

Host Mike Causey is joined by estate planner Tom O'Rourke who will discuss what you need to do to make sure your estate is in order.
March 18, 2015

Wednesday - 03/18/2015, 06:50pm EDT

Overpaid feds, really?

The issue of whether federal employees are overpaid or underpaid has been around for long time. Senior Correspondent Mike Causey turns to two feds to get their perspective on the debate.

Wednesday - 03/18/2015, 03:00am EDT

House GOP budget calls for increase in feds' retirement contributions

House Budget Committee Chairman Tom Price (R-Ga.) released his $3.8 trillion budget plan, which includes language calling for an increase to federal employees' contributions to their retirement plans. All federal employees would pay 6.6 percent of their pay into their retirement plans. The bill also increases funding to the Defense Department's Overseas Contingency Operations fund, while keeping total DoD spending under sequestration caps.

Tuesday - 03/17/2015, 03:06pm EDT
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