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1:22 am, September 3, 2014

Pay and Benefits News

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Union and CBP officials call for reform of outdated OT pay system, saying the purpose of Administratively Uncontrollable Overtime was misinterpreted.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