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Retirement News 
Top News
- VA chipping away at oldest disability claims in backlog
- What's the latest on phased retirement?
- New mobile tools gives agencies ‘giant innovation permission slip'
- Congress pressures agencies to speed up office consolidations
- Furlough Friday: Multiple agencies took advantage of holiday weekend
- Data breach puts DHS employees at risk of ID theft
- IRS replaces official in Tea Party controversy
- Commerce nominee sails through hearing
- Obama nominates Archuleta as next OPM director
- FedRAMP achieves another cloud security milestone
- Tangherlini to be nominated as permanent GSA chief
- House GOP panel moves on deep budget cuts
- OMB reworking financial system requirements
- Federal retirement funds temporarily tapped
- Friday federal headlines - May 24, 2013
Everybody's got a price: What's yours?
They say that everybody's got a price, so what's yours? What would it take for Uncle Sam to convince you to retire? Because you may be facing that decision soon, Senior Correspondent Mike Causey says.
Analysis: Payroll tax cut opportunity to put more in TSP
Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.
A double-header brain drain
Ever hear of a double-header brain drain? The government is losing two of its best to retirement this month. Odds are they've touched your life, whether you are in a federal agency or a foxhole 3,000 miles away, Senior Correspondent Mike Causey says.
Your guide to the chamber of horrors
Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.
Secrets of the TSP
Host Mike Causey will talk about the Thrift
Savings Plan with Tom Trabucco, director of
external affairs for Federal Retirment Thrift
Investment Board. Federal Times Reporters
Stephen Losey and Sean Reilly also join the show
to discuss how Congress is changing your federal
benefits package.
February 22, 2012
Fed retirement hike to pay for unemployment insurance
The $15 billion generated by the 2.3 percent more that new employees would pay for their retirement would help pay for the extension of unemployment insurance.
The worst is (probably) yet to come
Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.
Companies stick agencies with retirement bill
Tom Schatz, president of Citizens Against Government Waste, says the government is paying for private employees' retirements has been a legitimate business expense for years under cost-accounting standards.
Life in the bullseye. So, what's next?
After 18 months of inactivity and extended vacation, Congress exhibited a blinding burst of speed last week before it left on yet another vacation. The bad news is that the action it took was aimed at future federal workers and you, well into your career, may be next, Senior Correspondent Mike Causey says.
Preparing for retirement
Career coach Mike Townshend talks retirement planning with host Bob Leins.
February 20, 2012
Postal Service plan proposes own health plan, workforce cuts
The Postal Service's strategic five-year plan proposes cutting the workforce by 155,000 by 2016 and creating its own health benefit program for employees and retirees to return to financial stability.
It could have been worse. Really?
Federal workers who have been paying attention to the various plans to have them finance unemployment benefits, highways and tax cuts must be confused, if not in a state of shock, Senior Correspondent Mike Causey says. Could it be that the only people who are happy are those who haven't been paying attention?
GOP senators unveil new Medicare overhaul plan
Two Republican senators unveiled a Medicare overhaul Thursday that features an accelerated transition to private health insurance for many seniors, a gradual increase in the eligibility age, and higher premiums for middle-class and upper-income retirees.
New feds' pension contributions increase under payroll tax cut deal
Federal pension contributions would increase under a compromise deal to extend a payroll tax cut and pay for jobless benefits through 2012.
OPM defends yo-yo effect of pay, benefits proposals
Director John Berry said the proposition in the 2013 budget request to increase pay by 0.5 percent and increase the contributions employees pay to their retirement by 0.4 percent is "responsible" and "protects the benefit." OPM also would have to figure out how best to meet its mission with a flat budget next year. Berry said his top priority is reducing the backlog of retirement claims.
Congress to feds: We feel your pain
Over 20 bills affecting federal employees' pay, benefits, and pensions have been introduced by members of Congress in the past year. Federal employees tell Federal News Radio those are the kinds of things directly affecting their morale and motivation. What does Congress think about that? Federal News Radio asks both Republicans and Democrats as part of our series, "Managing Morale."
Congress plays tug-of-war over federal benefits
Federal Times Editor Steve Watkins, Senior Writer Sean Reilly,and NARFE Legislative Director Julie Tagen will discuss how government employees will be affected by proposed cuts to the federal budget.
February 15, 2012
Federal unions claim sneak attack in unemployment insurance deal
Two federal unions, the American Federation of Government Employees and the National Treasury Employees Union, say lawmakers removed the increase in federal employee contributions from the payroll tax extension, but added it to the unemployment insurance extension, which is part of the overall deal. The unions say if the provision becomes law, feds would see a pay decrease while everyone else would see an increase.
House to vote on federal pension changes separate from highway bill
The current language of H.R. 3813 increases the CSRS and FERS employees' contribution to their retirements by 1.5 percent over three years. For individuals not subject to mandatory retirement who choose to retire on or after Jan. 1, 2013, the FERS minimum supplement is eliminated. Currently, the FERS minimum supplement is paid to those qualifying employees who retire prior to age 62.
Feds as reluctant swingers
When you think of federal workers, the term "swinger' isn't the first thing that pops into your head. But after some of the changes politicians want to make, anything could happen.
