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3:51 am, April 18, 2015

Pay and Benefits News

When is the best day for you to retire?

The NITP's Tammy Flanagan will discuss the best days to retire and Andy Medici with the Federal Times new problems at the VA, and the high cost of workers compensation.
October 8, 2014

Wednesday - 10/08/2014, 06:54pm EDT
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Finding your magic retirement date

Honesty is the best policy. It's also a best practice for feds trying to decide when they should retire, says Senior Correspondent Mike Causey.

Wednesday - 10/08/2014, 02:00am EDT

Feds' health care costs to increase by 3.2 percent in 2015

The Office of Personnel Management released the latest costs for the Federal Employees Health Benefits Program Tuesday, which show an increase of less than 4 percent for the fourth straight year.

Tuesday - 10/07/2014, 02:06pm EDT

Your retirement menu: Farewell lunch or you as the carryout?

Your retirement may be closer than you think. Do you understand how your retirement plan works? asks Senior Correspondent Mike Causey.

Tuesday - 10/07/2014, 02:00am EDT

Never can say goodbye!

Career Coach Mike Townshend discusses career transitions and offers tips on the right way to change jobs.
October 6, 2014

Monday - 10/06/2014, 08:54pm EDT
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OPM's retirement claims backlog inches downward

The Office of Personnel Management received about 1,000 fewer claims than it expected in September. Compared to the last several months, the agency is processing an increasing percentage of retirement claims, 82.3 percent, within 60 days.

Monday - 10/06/2014, 10:11am EDT

ISO love outside the TSP? Consider the cost

A huge pile of investment capital -- $420 billion-plus and growing daily -- is begging to be rescued by a private sector suitor, says Senior Correspondent Mike Causey. The money is 4.6 million Thrift Savings Plan accounts held by current, retired or former federal and postal workers and military personnel.

Friday - 10/03/2014, 02:00am EDT

NARFE finds votes impacting feds, retirees 'more polarized than ever'

Vermont and Rhode Island lawmakers were among those in Congress who consistently voted in favor of federal workers and retirees, according to the National Active and Retired Federal Employees Association's latest scorecard.

Thursday - 10/02/2014, 10:34am EDT

Review finds Military Health System has no systemic problems

A Pentagon review of the military's health facilities concluded the quality of DoD's medical system is generally in line with what's offered by private sector providers. Defense Secretary Chuck Hagel said "average" is not good enough.

Thursday - 10/02/2014, 03:44am EDT

How's your TSP? Compared to what?

Federal workers are pretty savvy about investing for retirement, says Senior Correspondent Mike Causey. The Thrift Savings Plan now has more than 4.6 million account holders and is worth more than $420 billion.

Thursday - 10/02/2014, 02:00am EDT

Will you be getting a new boss soon?

Jennifer Mattingley, director of government affairs for Shaw Bransford and Roth will discuss job turnover in federal agencies, and Federal Times writer Andy Medici will talk about an increase in discrimination complaints in the federal government and the latest problem at the VA.
October 1, 2014

Wednesday - 10/01/2014, 06:51pm EDT
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Kim Weaver, Federal Retirement Thrift Investment Board

A new menu of services is under consideration for participants in the Thrift Savings Plan. The TSP now has the results from a survey (and focus groups) to help them understand why people who leave government take all their money out of their accounts. Kim Weaver is director of external affairs for the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained who the TSP surveyed and why they asked.

Wednesday - 10/01/2014, 04:27pm EDT
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TSP funds dip into the negative in September

After rebounding in August, nearly all of the federal Thrift Savings Fund accounts posted negative numbers at the end of September. Despite this one-month dip, year-to-date percentages remain positive.

Wednesday - 10/01/2014, 12:33pm EDT

Q&A with OPM: Retirement, benefits and employee morale

The Office of Personnel Management answers federal employees' questions about phased retirement, diversity, recruitment and training, morale, pay, and more.

Wednesday - 10/01/2014, 08:37am EDT

Survey: Retirees want greater flexiblity in TSP accounts

The Federal Retirement Thrift Investment Board conducted a survey to find out why so many former feds are withdrawing all the money from their Thrift Savings Plan accounts so soon after retirement.

Tuesday - 09/30/2014, 04:45pm EDT
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Considerations for your ongoing financial planning

Joe Sullender, certified financial planner and senior vice president of investments of the Financial Strategies Group of Wells Fargo Advisors, answers your financial planning questions.
September 29, 2014

Monday - 09/29/2014, 09:04pm EDT
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DoD to propose stricter lending protections for military members

The Defense Department is set to propose tighter rules that it says would close several loopholes in current regulations that are designed to protect service members from predatory lenders. This story is part of Jared Serbu's Inside the DoD Reporter's Notebook.

Monday - 09/29/2014, 04:17am EDT

Pay, pensions, premiums. Going up!

Pay, pensions and health insurance premiums are all going up in the next several months. But definitely not at the same rate, says Senior Correspondent Mike Causey. White collar workers know what their January 2015 raise will be. But the cost of living adjustment for retirees is still to be decided, and new (and in some cases higher) health premiums will be unveiled in October.

Monday - 09/29/2014, 02:00am EDT

Pentagon wants tighter soldier loan protections

Aiming to restrict lenders who prey on members of the military, the Obama administration on Friday moved to close legal loopholes that have placed hundreds of thousands of service members at risk of excessive payday and other short-term loan fees.

Saturday - 09/27/2014, 03:40pm EDT

Unsolved mysteries...like your COLA!

Senior Correspondent Mike Causey wants to know, do you believe our government is telling the truth or concealing details about some very important things, like retiree COLAs?

Friday - 09/26/2014, 02:00am EDT
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