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5:06 am, April 21, 2014

Pay and Benefits News

Increase in fed pension contributions part of GOP debt ceiling deal

A leading set of proposals comes from a House GOP leadership office and was circulating on Washington's K Street lobbying corridor on Monday. It includes a plan to increase pension contributions of federal civilian workers by up to 5 percentage points and lowering the federal match accordingly, which could help defray the deficit by up to $84 billion over a decade.

Tuesday - 09/24/2013, 01:20am EDT

TSP board OKs budget increase, laying groundwork for overhaul

Members of the Federal Retirement Thrift Investment Board approved a nearly 18 percent increase in the agency's budget for the coming fiscal year that will help lay the groundwork for a wholesale overhaul of the TSP participant experience, board officials say. The single, new initiative included in the 2014 budget is the first in a series of steps built around redesigning the entire participant experience, the board's executive director, Greg Long told board members.

Monday - 09/23/2013, 06:27pm EDT
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What creates the need for insurance (with a focus on life insurance)

Financial advisor John Jilek gives advice on how to maximize the value of your insurance plans.
September 23, 2013

Monday - 09/23/2013, 01:29pm EDT
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TSP board updates rules to recognize same-sex marriages

Updated Thrift Savings Plan regulations would allow the same-sex spouse of a TSP participant to collect death benefits as long as they were married in a state that recognizes same-sex unions, regardless of where they live currently.

Friday - 09/20/2013, 06:51pm EDT

Federal TSP millionaire tells how to join the club

There are several ways to become a millionaire. You can become Oprah's best friend or, if you work for the federal government, you can do it via the TSP. More than 900 feds have million dollar accounts, and Senior Correspondent Mike Causey found out how one of them did it.

Friday - 09/20/2013, 02:00am EDT

Estate planning, CR, and more

Attorney Thomas J. O'Rourke will answer your calls and emails on how to best prepare for your family's financial future. Also, Sean Reilly from the Federal Times will give us an update on some of the big issues affecting federal workers.
September 18, 2013

Wednesday - 09/18/2013, 08:40pm EDT
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Invisible federal millionaires

Is the person in the next cubicle really a closet millionaire? Does the person who organized your carpool have a seven-figure retirement nest egg? Senior Correspondent Mike Causey wants to know: Are you rich and don't know it?

Wednesday - 09/18/2013, 02:00am EDT

Retirement plan distribution opportunities

Attorneys Steve Widdes and Micah Bonaviri give you advice on how to maximize the value of your retirement plans.
September 16th, 2013

Monday - 09/16/2013, 10:47pm EDT
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Investigators: 36k got improper disability pay

Congressional investigators: 36,000 workers got $1.3 billion in improper disability payments

Monday - 09/16/2013, 05:40am EDT

Payroll snafu leads to delayed paychecks for many feds

Employees at multiple federal agencies, who would normally receive a direct deposit electronic paycheck today, will have to wait until Tuesday because of a mix-up by the Interior Business Center, one of the largest federal payroll processors. Affected agencies include the National Archives and Records Administration, NASA, the National Transportation Saftey Board, the Nuclear Regulatory Commission and the Federal Trade Commission.

Friday - 09/13/2013, 04:13pm EDT

Getting a head start on the retirement process

Hosts Bob Leins and Tammy Flanagan offer advice on what you need to do if you are planning to retire in the next few months.
September 9, 2013

Tuesday - 09/10/2013, 12:11am EDT
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Bill Tracker 2013: Proposals affecting fed pay, benefits and more

There's been no shortage of legislation introduced this year affecting the federal workforce. Federal News Radio's Bill Tracker follows the bills that would affect federal pay and benefits, the size of the workforce and more.

Monday - 09/09/2013, 03:57pm EDT

White House proposes new rules on employer mandate

The Obama administration on Thursday released new proposals for carrying out a major requirement of the federal health care law that was postponed earlier this summer.

Thursday - 09/05/2013, 06:30pm EDT

Feds won't enforce same-sex veterans law

Feds to stop enforcing law blocking marriage benefits for same-sex spouses of veterans

Thursday - 09/05/2013, 08:42am EDT

Pay raise? Call in the psychics

Want to know the size of the next federal pay raise? Your best bet is to take $20, or the going rate, and find yourself a first-class tarot card reader. If she deals you the Ace of Pentacles you will be in the money, Senior Correspondent Mike Causey says.

Thursday - 09/05/2013, 02:00am EDT

Self plus one, chained CPI, & COLAs

NARFE's David Snell will discuss the impact of a proposed change to how federal retirees' cost-of-living adjustments are calculated.
September 4, 2013

Wednesday - 09/04/2013, 08:26pm EDT
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Texas Guard refuses to process same-sex benefits

Texas, Miss. National Guards won't give same-sex benefits at some sites, cite gay-marriage ban

Wednesday - 09/04/2013, 05:30am EDT

TSP tanks in weak August

Funds in the Thrift Savings Plan took a plunge last month. With the exception of the government-securities G Fund, all the funds in the Thrift Savings Plan finished August in negative territory.

Tuesday - 09/03/2013, 01:22pm EDT

Tax and benefit planning - perfect together!

Bob and Bob trade places, as federal benefits specialist Bob Braunstein plays host to the show's usual host, tax expert Bob Leins.
September 2, 2013

Monday - 09/02/2013, 01:10pm EDT
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Obama ends federal pay freeze; Congress could still block

President Barack Obama issued some good news for federal workers before the start of Labor Day weekend, calling for a 1 percent pay increase for feds in 2014. But Congress could still prevent the raises through legislation. Federal employees have had their pay frozen since January 2011.

Friday - 08/30/2013, 08:02pm EDT
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