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3:58 am, September 17, 2014

Pay and Benefits News

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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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
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