bnv.fnr.news/payandbenefits;paynews=stories;dcopt=ist;tile=1;pos=top;sz=728x90,970x90;ord=
11:41 pm, November 27, 2014

Pay and Benefits News

Election-year politics, pay raises & health plans

Is your 2015 pay raise going to be 1 percent or 3.3 percent? Are federal workers going to stay in their own health plans or will they be forced to move into one of the exchanges set up by the Affordable Care Act? Read Senior Correspondent Mike Causey's column for more.

Wednesday - 04/02/2014, 02:00am EDT

Report calls for broad overhaul of federal personnel, pay systems

A new report from the Partnership for Public Service and Booz Allen Hamilton calls for essentially throwing out the 65-year-old General Schedule system, comprised of 15 separate grade levels, and replacing it with five broad work levels. The report also calls for changes to the way federal pay is calculated and recommends setting up a governmentwide pay-for-performance process.

Tuesday - 04/01/2014, 06:07pm EDT

VA reduces disability claims backlog by 44 percent

The Veterans Affairs Department reduced the number of pending disability claims by 267,000 over the last year. Veterans are also waiting 119 days less than they did a year ago for their claims to be processed.

Tuesday - 04/01/2014, 02:56pm EDT

TSP performance mixed in March

With gains on Wall Street hitting some headwinds in March, the performance of funds in the Thrift Savings Plan last month lagged behind February's advances. Three of the TSP's five regular funds ended the month in negative territory.

Tuesday - 04/01/2014, 01:34pm EDT

House budget seeks to up feds' retirement contributions

The budget blueprint unveiled by Rep. Paul Ryan (R-Wis.) Tuesday includes a handful of proposals affecting the federal workforce that Ryan and House Republicans have championed in the past. Among them, the recommendation that federal employees contribute more of their salary toward their pensions and a proposal to shrink the federal workforce by 10 percent through attrition.

Tuesday - 04/01/2014, 12:54pm EDT

Rush hour or sleep late? Your call!

The way things are going, a lot of long-time feds are doing the math to see how much longer they can afford to work. So do you keep fighting rush-hour traffic or give yourself the option to sleep late? Follow the money, Senior Correspondent Mike Causey says.

Tuesday - 04/01/2014, 02:00am EDT

Taxes: Pay them now or pay them later

Where and how you watch the Superbowl or Dancing With the Stars may depend on when and if you pay your taxes, Senior Correspondent Mike Causey says. So how can a Roth TSP help you, maybe, make a million tax-free dollars?

Monday - 03/31/2014, 02:00am EDT

Your 3.3 percent raise and the R Word

Is that 3.3 percent proposed federal pay raise missing an important political component? Some would say it needs the R word to be a winner, Senior Correspondent Mike Causey says.

Friday - 03/28/2014, 02:30am EDT

OPM wants to keep FEHBP premium increases 'in check'

Office of Personnel Management Director Katherine Archuleta says she wants to keep premium increases for federal employees' health coverage "in check." In a keynote speech at the annual FEHB Program Carrier Conference in Arlington, Va., Thursday Archuleta also called on insurance carriers to make prescription drugs more affordable and urged more federal employees to sign up for wellness programs.

Thursday - 03/27/2014, 11:34am EDT

Cuts to military pay and benefits can't wait, Pentagon tells Congress

Defense officials say they are eagerly awaiting next year's report from a congressionally-chartered commission that's currently examining military compensation. But officials say intense pressure on the top-line defense budget demands significant changes to personnel spending.

Thursday - 03/27/2014, 04:30am EDT
Listen

Investing: Channel your inner robot

Investing for retirement might be a lot easier if you were a robot, rather than a flesh-and-blood human-being, Senior Correspondent Mike Causey says. Especially one who watches the news a lot.

Thursday - 03/27/2014, 02:00am EDT

The TSP: What's in it for you?

Financial advisor Arthur Stein will answer your calls and emails about the TSP. Also, Nicole Blake Johnson and Andy Medici of the Federal Times will discuss a possible downsizing of the U.S. Postal Service.
March 26, 2014

Wednesday - 03/26/2014, 07:04pm EDT
Listen

House Dems push for larger pay raise for feds

House Democrats are pushing for federal employees to get a pay raise next year that's more than three times larger than President Barack Obama proposed. A bill introduced Wednesday by Reps. Gerry Connolly (D-Va.) and Jim Moran (D-Va.) would provide federal employees with a 3.3 percent across-the-board pay raise in 2015.

Wednesday - 03/26/2014, 10:47am EDT

Suze O on the TSP's 'free money'

If your spouse or know-it-all sibling told you about free money you would probably ignore them, Senior Correspondent Mike Causey says. But if financial guru Suze Orman said it's available through your TSP, you'd stand at attention!

Wednesday - 03/26/2014, 02:00am EDT

Married feds: What happens after you've gone?

Married federal couples face a tough but important choice when they retire, Senior Correspondent Mike Causey says. Should they provide a survivor benefit?

Tuesday - 03/25/2014, 02:00am EDT

Watching your money - the TSP way!

Certified Financial Planner John Jilek provides tips on how to determine which TSP funds are right for you.
March 24, 2014

Monday - 03/24/2014, 06:45pm EDT
Listen

Belt & suspenders: The $1,200 question

If you are in perfect health and plan to stay that way, or if $1,200 a year more or less means little to you, you can skip this column. Otherwise, listen up, Senior Correspondent Mike Causey says.

Monday - 03/24/2014, 02:00am EDT

Health & life insurance premiums: Don't overpay!

When you are dealing with Uncle Sam, especially his complex work rules, it is hard to get a straight yes or no answer, Senior Correspondent Mike Causey says. But there is a way to survive a federal career -- with a little help from the experts.

Friday - 03/21/2014, 02:00am EDT

TSP assets top $400B for first time; L Fund revamp continues

Thanks to a roaring stock market in February, total assets in the Thrift Savings Plan have climbed to the highest level in the plan's history. All told, assets in the TSP exceeded $400 billion at the end of last month. At the Federal Retirement Thrift Investment Board's monthly meeting Thursday, board members heard another recommendation to revamp the Lifecycle Funds.

Thursday - 03/20/2014, 03:07pm EDT

Lifetime job guidelines -- must read!

Yesterday's online chat with readers/listeners covered the watefront: From life-after-retirement to what to do with your TSP, his and her health plans and when to designate a survivor beneficiary. Check out Senior Correspondent Mike Causey's Federal Report for more.

Thursday - 03/20/2014, 02:00am EDT
  •  
  • 13
  •