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Benefits News

Pay raise or retiree COLA: Timing is everything!

Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.

Thursday - 03/01/2012, 12:00am EST

Feds have become 'easy pickings' for Congress, FMA says

Host Mike Causey will discuss federal pay and benefits with Federal Times Senior Writer Stephen Losey and Federal Managers Association Legislative Director Jessica Klement.
February 29, 2012

Wednesday - 02/29/2012, 07:25pm EST
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Tax-free investment option — R U ready?

How would you like it if your Thrift Savings Plan withdrawals were tax-free? Well, get ready because the tax-free end-of-the-rainbow Roth option is coming to your optional retirement package, Senior Correspondent Mike Causey says.

Wednesday - 02/29/2012, 06:55am EST

Are you in the Buyout Zone?

The IRS is the latest agency to join the 2012 buyout parade. Employees in other agencies should study it because it may be the model for similar buyouts governmentwide, Senior Correspondent Mike Causey says.

Thursday - 07/12/2012, 09:28am EDT

Answers to your retirement questions

Co-hosts Bob Leins and John Elliott are joined by federal benefit expert David Redden.
February 27, 2012

Monday - 02/27/2012, 05:23pm EST
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IRS offers targeted buyouts to employees in enforcement divisions

The IRS has offered another, more targeted round of buyouts. The agency, however, plans to grant buyouts and early-outs to a limited number of employees — about 270 out of the 1,600 who are eligible, according to a staff email received by Federal News Radio. An IRS email said the targeted nature of the buyouts is different from previous offers and includes specific areas not covered before. The latest round of early-outs is the third set of offers in as many months.

Tuesday - 02/28/2012, 04:12am EST

Van Hollen: Protect feds' three-legged retirement stool

Rep. Chris Van Hollen (D-Md.) told The Federal Drive with Tom Temin that he and lawmakers who represent federal employees want to maintain this system for federal employees.

Thursday - 07/12/2012, 09:37am EDT
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Everybody's got a price: What's yours?

They say that everybody's got a price, so what's yours? What would it take for Uncle Sam to convince you to retire? Because you may be facing that decision soon, Senior Correspondent Mike Causey says.

Monday - 02/27/2012, 10:07am EST

Any good news in fed pay and benefits proposals?

Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss recent proposals affecting federal employees' pay and benefits.

Friday - 02/24/2012, 07:06pm EST
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Feds to curb improper payments to Medicare plans

The Obama administration says it's taking steps to fix a longstanding problem of improper payments to private health plans that serve 1 in 4 Medicare beneficiaries.

Monday - 02/27/2012, 04:04am EST

Your guide to the chamber of horrors

Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.

Thursday - 02/23/2012, 12:00am EST

Obama signs payroll tax cut extension into law

The administration estimates that for a worker earning 50,000 a year, the tax holiday means $80 a month in extra take-home pay. For better-paid employees, the bonus could total $2,200 a year.

Thursday - 02/23/2012, 08:36am EST

Secrets of the TSP

Host Mike Causey will talk about the Thrift Savings Plan with Tom Trabucco, director of external affairs for Federal Retirment Thrift Investment Board. Federal Times Reporters Stephen Losey and Sean Reilly also join the show to discuss how Congress is changing your federal benefits package.
February 22, 2012

Wednesday - 02/22/2012, 05:49pm EST
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Prescription merger will deliver 'value' to government, company says

Mary Rosado, the vice president of federal government affairs at Express Scripts, joined In Depth with Francis Rose to discuss a proposed merger between prescription managers.

Thursday - 07/12/2012, 09:40am EDT
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The worst is (probably) yet to come

Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.

Wednesday - 02/22/2012, 12:00am EST

Will prescription-manager merger lead to higher TRICARE costs?

John Coster, the senior vice president of government affairs at the National Community Pharmacists Association, joined In Depth with Francis Rose to discuss how a merger between two pharmacy benefit managers could lead to higher TRICARE costs.

Wednesday - 02/22/2012, 07:04am EST
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Congress targets federal workers for savings

Federal workers have become the go-to targets as Congress, and the White House, search for ways to lower the deficit, pay for tax cuts and put off looming reductions to defense spending.

Tuesday - 02/21/2012, 11:57am EST

Companies stick agencies with retirement bill

Tom Schatz, president of Citizens Against Government Waste, says the government is paying for private employees' retirements has been a legitimate business expense for years under cost-accounting standards.

Thursday - 07/12/2012, 09:43am EDT
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Life in the bullseye. So, what's next?

After 18 months of inactivity and extended vacation, Congress exhibited a blinding burst of speed last week before it left on yet another vacation. The bad news is that the action it took was aimed at future federal workers and you, well into your career, may be next, Senior Correspondent Mike Causey says.

Thursday - 07/12/2012, 09:44am EDT

Preparing for retirement

Career coach Mike Townshend talks retirement planning with host Bob Leins.
February 20, 2012

Monday - 02/20/2012, 06:02pm EST
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