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9:06 pm, July 28, 2014

Pay and Benefits News

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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Archuleta studying best ways to ensure OPM continues HR evolution

Katherine Archuleta has spent her first few months as director at the Office of Personnel Management learning, listening and asking questions to figure out how to ensure continuous improvement. Archuleta said she expects a new plan to improve the agency's technology by the end of February.

Thursday - 01/16/2014, 04:16am EST
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Self-plus-one coverage: What's in it for you?

Lots of people inside government are excited about the pending self-plus-one health plan option, Senior Correspondent Mike Causey says. It will cost more than self-only, but less than the standard family plan. So who are the winners and losers?

Thursday - 01/16/2014, 02:00am EST

Management changes, the 2014 budget, and more

Host Mike Causey will discuss the status and duties of federal managers in 2014, with Pat Niehaus, president of the Federal Managers Association. He'll also discuss the budget situation with Federal Times writers Sean Reilly and Nicole Blake Johnson.
January 15, 2014

Wednesday - 01/15/2014, 06:22pm EST
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Spending bill grants 1 percent pay raise to blue-collar feds

The $1 trillion, 1,500-page spending bill unveilved Monday night ends the three-year pay freeze for blue-collar federal employees under the wage-grade system.

Tuesday - 01/14/2014, 08:33am EST

Retirement ride: Will you be going 1st, 2nd or 3rd class?

Thanks to some surgical budget-cutting by Congress and the White House, Uncle Sam now has a three-tiered retirement plan: First-, second- and third-class where the service is the same but the price tag is higher for some than others.

Tuesday - 01/14/2014, 02:00am EST

Retire or keep working? Keep this job or move on to another?

Retirement coach Mike Townshend will discuss what you should be thinking about when considering a career change or retirement.
January 13, 2013

Monday - 01/13/2014, 08:41pm EST
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SES group: White House keeping mum on award alternatives

Last spring, as across-the-board budget cuts roiled through agencies across government, the White House decided to cancel the monetary portion of the Presidential Rank Awards, which granted recipients as much as 35 percent of their salary in a one-time bonus. But the White House maintained it was "focused on finding means to acknowledge excellence in non-monetary ways." The Senior Executives Association (SEA), in a statement released Monday said it still hasn't heard from President Barack Obama on those alternatives.

Monday - 01/13/2014, 03:27pm EST
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Despite what your significant other says, you're worth more than you think!

Thanks to a portion of the media and many politicians, a lot of federal and postal workers have a low opinion of themselves. But when you crunch the numbers, feds are significant players in the stock market and in the net worth department, Senior Correspondent Mike Causey says. Crunch your own numbers.

Monday - 01/13/2014, 06:12am EST

VA under fire for proposed disability filing rule

Veterans groups take issue with proposal designed to streamline VA's disability claims work

Monday - 01/13/2014, 04:40am 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 8, 2014

Tuesday - 01/07/2014, 06:59pm EST
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A look back at 2013 and some projections for 2014 with Mike Causey

Federal News Radio Senior Correspondent Mike Causey joins hosts Bob Leins and Tammy Flanagan to talk about the big issues affecting feds in 2013 and what's ahead in the new year.
January 6, 2014

Monday - 01/06/2014, 04:48pm EST
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TSP ends 2013 with nearly across-the-board gains

Nearly all the funds in the Thrift Savings Plan finished December in positive territory, helping fuel largely across-the-board gains for the year, according to new data from the Federal Retirement Thrift Investment Board. The C and S Funds posted the largest gains of 2013. The F Fund, tracked to the performance of the U.S. bond market, including government, corporate and mortgage-backed bonds, is the only fund to end the year in the red.

Friday - 01/03/2014, 10:08am EST

Issa bill would repeal military COLA cuts, allow USPS to move to 5-day delivery

A new bill would repeal reductions in military pensions approved by Congress late last month as part of the bipartisan budget deal and allow the U.S. Postal Service to reduce regular mail delivery to five days a week. Rep. Darrell Issa (R-Calif.), the chairman of the House Oversight and Government Reform Committee, introduced the legislation Dec. 19, shortly before Congress decamped for the holidays.

Thursday - 01/02/2014, 04:10pm EST

Will the January pay raise leave you out in the cold?

The 2014 white-collar pay raise is not for everybody. Feds at the top of their grades in some cities won't be getting anything at all, Senior Correspondent Mike Causey says.

Wednesday - 01/01/2014, 02:00am EST

Feds will soon see first pay raise in three years - but not all will benefit

The slight 1 percent increase ordered by President Barack Obama last month is smaller than union advocates had pushed for, but it's the first time since 2010 most civilian employees will see a bump in their basic rate of pay. Still, the modest pay raise only applies to white-collar employees under the General Schedule system. Some 200,000 blue-collar federal workers at places such as the Defense and Veterans Affairs Department and the U.S. Bureau of Prisons, will not see a similar increase in pay.

Wednesday - 01/01/2014, 02:00am EST

Mass-transit benefit declines thanks to congressional inaction

Are you a federal employee who uses public transportation to get to work? Be prepared to shell out more for your commute. Because of congressional inaction, a tax subsidy for mass-transit commuters is set to drop nearly in half from a maximum of $245 a month to $130.

Wednesday - 01/01/2014, 02:00am EST

Planning tips for the federal employees

Federal benefits expert Bob Braunsten will answer your retirement and benefit planning questions.
December 30, 2013

Monday - 12/30/2013, 10:40pm EST
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Will OPM allow flexible-spending rollovers?

Under federal "use it or lose it" rules, any unspent money employees set aside last year to pay for out-of-pocket health costs, such as prescriptions or co-pays, is forfeited at the end of the year. But a group of senators from states surrounding the Washington, D.C., area, wants to change that. Sen. Ben Cardin (D-Md.) along with Sens. Barbara Mikulski (D-Md.), Mark Warner (D-Va.) and Tim Kaine (D-Va.) wrote to Katherine Archuleta, the head of the Office of Personnel Management, requesting the agency implement new regulations that would allow federal employees to roll over as much as $500 in unused funds from year to year.

Monday - 12/30/2013, 01:06pm EST

Service members more financially stable than civilian counterparts

Members of the military are burdened by credit card debt, loans and mortgages, but they still seem to be handling their finances better than their civilian counterparts, according to a report by the Financial Industry Regulatory Authority (FINRA) Foundation.

Monday - 12/30/2013, 09:17am EST
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