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3:31 pm, July 26, 2014

Pay and Benefits News

AFGE sees ranks swell after turbulent year

After a turbulent 2013 that saw sequestration budget cuts and a two-week government shutdown, the largest federal-employee union is hoping to flex more political muscle this year. The American Federation of Government Employees says union membership is at its highest level in decades.

Friday - 02/07/2014, 03:36pm EST

Professional liability insurance and more

Host Mike Causey will talk professional liability insurance with attorneys John P. Mahoney and David Cavanaugh. Later Andy Medici will discuss potential buyouts at the Social Security Administration and the Environmental Protection Agency.
February 5, 2014

Wednesday - 02/05/2014, 08:40pm EST
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Buyouts and Justin Bieber

The 2014 buyout season is off and running, Senior Correspondent Mike Causey says. So what exactly does speculation about buyouts have in common with talk about pop star Justin Bieber?

Tuesday - 02/04/2014, 02:00am EST

Whom can you trust?

Marc Levine, of Handler and Levine LLC, offers advice on how to choose your trustees, powers of attorneys and executors.
February 3, 2014

Monday - 02/03/2014, 09:24pm EST
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EPA plans early-outs targeted at higher grades

The Environmental Protection Agency has issued targeted early-retirement and buyout offers to hundreds of employees nationwide, according to an American Federation of Government Employees local. EPA officials are planning to offer early-outs at 19 different offices within the agency, spanning all 10 regions. Workers who sign up can receive up to $25,000 and will have to be off the rolls by early April.

Monday - 02/03/2014, 01:44pm EST

Rocky start to 2014 as TSP returns trend negative

Returns for nearly all of the funds in the Thrift Savings Plan trended downward in January following a rocky month on Wall Street. The largest declines came in the stock funds. The large-cap C Fund fell by 3.45 percent, the small-cap S Fund inched down 1.91 percent and the I Fund, made up of international stocks, plunged by more than 4 percent, according to new data from the Federal Retirement Thrift Investment Board.

Monday - 02/03/2014, 10:32am EST

SSA offering early-outs in 2014

The early-out offer at the Social Security Administration is one of the first this year in government. Senior Correspondent Mike Causey says it could open up the promotion pipeline for younger, mid-career employees and jump-start early retirement offers in other agencies too. So how are things in your office?

Friday - 01/31/2014, 02:00am EST

Size of civilian federal workforce increases, but more feds eligible to retire

The departments of Defense, Veterans Affairs and Homeland Security account for 94 percent of the growth in the number of civilian employees within the federal workforce, according to a new report from the Government Accountability Office.

Thursday - 01/30/2014, 02:03pm EST
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The 30-day rule

Trick question, and you will never get the right answer. The question is this: How many days are there in the months of September, August and February? If you said anything other than 30 you lose, and it could impact your retirement benefit, Senior Correspondent Mike Causey says.

Thursday - 01/30/2014, 02:00am EST

Finding the right retirement date for you

Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, will give tips on how to determine your magic retirement date.
January 29, 2014

Wednesday - 01/29/2014, 07:35pm EST

New leadership at DHS cracks down on overtime abuse at CBP

Union and CBP officials call for reform of outdated OT pay system, saying the purpose of Administratively Uncontrollable Overtime was misinterpreted.

Wednesday - 01/29/2014, 02:28pm EST
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Latest postal reform bill includes USPS-only health plan

The Senate Homeland Security and Governmental Affairs Committee debated an updated version of postal reform legislation Wednesday that would allow the cash-strapped U.S. Postal Service to restructure its health benefits program. Included in the revised postal reform bill from Sens. Tom Carper (D-Del.) and Tom Coburn (R-Okla.) is a proposal that would create a new postal-only health plan within the broader Federal Employees Health Benefits Program (FEHBP).

Wednesday - 01/29/2014, 10:48am EST

Senators urge about-face on new military retirement cuts

Pentagon leaders expressed disappointment on Tuesday at the retiree cost of living cuts under the Ryan-Murray budget deal and urged Congress to repeal them. But officials also pressed lawmakers to wait for an independent study group's conclusions before making more piecemeal changes to the military compensation system.

Wednesday - 01/29/2014, 04:06am EST
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Obama hiking minimum pay for new federal contracts

Obama to sign order increasing minimum wage for new federal contracts to $10.10 an hour

Tuesday - 01/28/2014, 02:10pm EST

Perspectives on a federal career

Host Bob Leins and guest Bob Braunstein discuss their experiences as employees in the federal government and provide tips on what you need to know to maximize benefits during your career.
January 27, 2014

Monday - 01/27/2014, 05:51pm EST
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TSP loans, hardship withdrawals hit 10-year high last year

More Thrift Savings Plan participants withdrew money from their accounts early in 2013 than in any other year over the past decade. The board processed a total of 291,000 loans and about 138,000 hardship withdrawals last year, according to statistics presented at the board's monthly meeting Monday. More than 14,000 of the hardship withdrawals taken last year came during the month of October, when partisan gridlock led to a 16-day government shutdown and financial uncertainty and delayed paychecks for thousands of federal employees.

Monday - 01/27/2014, 03:24pm EST
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Senate to take up major overhaul of VA benefits

Sen. Bernie Sanders introduced the measure that includes dozens of provisions that expand benefits and hiring programs and grants advance appropriations to most of the Veterans Affairs' accounts. Senate Veterans Affairs chairman suggested paying for the changes by reducing DoD's wartime budget.

Thursday - 01/23/2014, 04:30am EST
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A PC, gluten-free investment option --yummy!

Senior Correspondent Mike Causey wants to know: Do you think you could make more money, or be more supportive of causes to endorse, if Uncle Sam would broaden your investment options?

Thursday - 01/23/2014, 02:00am EST

Investing in the Thrift Savings Plan

Financial planner Arthur Stein will answer your questions about the TSP, and Federal Times writers Andy Medici and Nicole Blake Johnson will discuss what's ahead for feds in 2014.
January 22, 2014 (This show originally aired Jan. 8, 2013)

Wednesday - 01/22/2014, 04:59am EST
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What do I need to know about Social Security?

Federal benefits expert James Marshall will answer your questions about Social Security benefits.
January 20, 2014

Monday - 01/20/2014, 07:34pm EST
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