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11:25 am, April 24, 2014

Benefits News

Calm Before The Storm

August is hot in DC, Atlanta, Houston, St. Louis and Cincinnati and lots of other places too. But those of us inside the Beltway get a break you don't...that's because for the next month...until after Labor Day, tens of thousands of the people who at times make this such a toxic town are away back with the folks who sent them here in the first place.

Monday - 08/06/2012, 02:00am EDT

Enforcement of SCRA results in expansive settlement with national lender

A recently announced consent decree between Capitol One and the Justice Department is the most sweeping settlement as the Justice Department ramps up enforcement of the Servicemembers Civil Relief Act.

Friday - 08/03/2012, 09:09pm EDT
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TSP faces challenges in adopting socially responsible investment fund, report says

The Government Accountability Office compared an existing socially responsible investment stock index to the stock portfolio of the federal Thift Savings Plan and discovered several barriers existed for feds hoping to adopt a more socially conscious approach to their retirement planning.

Friday - 07/27/2012, 05:23am EDT

Less take-home for feds, retirees

Thanks to the 800-pound gorilla in the room, both federal workers and retirees may suffer a cut in take-home pay next year, Senior Correspondent Mike Causey says.

Tuesday - 07/24/2012, 02:00am EDT

OPM unveils proposed, final rules expanding benefits for same-sex partners

The Office of Personnel Management is planning changes to the Federal Employees Health Benefits Program, by proposing to allow children up to age 26 to stay covered by their parents' FEHBP plans. The rule would also apply to children of same-sex domestic partners enrolled in the program. In a separate final rule published in the Federal Register, OPM announced child-care subsidies provided by agencies would also be expanded to include the children of same-sex domestic partners. That rule goes into effect Friday.

Friday - 07/20/2012, 05:24pm EDT

The FEW list

Janet Kopenhaver, Washington representative for Federally Employed Women, will talk about the impact of some bills pending in Congress that affect federal employees.
July 18, 2012

Wednesday - 07/18/2012, 08:32pm EDT
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Planning for your future

Certified financial planner Karen Schaeffer answers the best financial planning questions from recent NITP seminars.
July 16, 2012

Monday - 07/16/2012, 07:06pm EDT
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Navy says 'no' to lawmaker's layoff request

Rep. Scott Rigell's (R-Va.) asked the Navy to postpone its layoff dates for a year. The Navy is laying off 3,000 sailors to help balance its force profile.

Friday - 07/13/2012, 09:17am EDT

VA tackles claims backlog with new priority approach

The agency will organize incoming claims into one of three categories based on the difficulty in solving them as part of an effort to increase efficiency. The Veterans Benefits Administration also is seeking other ways to reduce the number of backlogged cases such as new training for employees, said VA's Allison Hickey, the undersecretary for benefits.

Wednesday - 07/11/2012, 06:12pm EDT

Fortunate feds: Job stability, retirement and health benefits

Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.

Monday - 07/02/2012, 02:00am EDT

Long, hot summer for feds

Democrats control the White House and the Senate, while Republicans call the shots in the House. So what impact has divided government had on federal workers? Some people think things could be a whole lot worse if one party ran all three operations at the same time, Senior Correspondent Mike Causey says.

Friday - 06/29/2012, 02:00am EDT

Financial planning & long term care

Host Mike Causey will talk estate planning with attorney Tom O'Rourke, and long term care with Paul Forte and Mary Lou McGuiness of Long Term Care Partners.
June 27, 2012(Encore presentation July 4, 2012)

Wednesday - 06/27/2012, 09:13pm EDT
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USPS overpays pension obligations by $13.1B, report says

A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.

Tuesday - 06/26/2012, 07:15am EDT

The Voluntary Contribution Program

Hosts Bob Leins and Tammy Flanagan discuss the Voluntary Contribution Program and its relation to both the Roth IRA and the Roth TSP.
June 25, 2012

Monday - 06/25/2012, 10:02pm EDT
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Old job-related nightmares resurface

Which occupational group has the worst nightmares: alligator wrestlers or federal workers? Thw answer might surprise you, Senior Correspondent Mike Causey says.

Tuesday - 06/19/2012, 02:00am EDT

TSP executive director gives update on data breach

It's been nearly three weeks since the Thrift Savings Plan board announced a data breach of 123,000 Thrift Savings Plan, and since then, the board has been fielding questions from participants, Congress and the media. TSP's executive director answered some of the most frequently asked questions about the breach.

Wednesday - 06/13/2012, 09:23pm EDT
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House passes VA, DoD civilian pay freeze

The House passed a veterans funding bill Thursday that includes extends the pay freeze another year for civilian employees of the the Defense and Veterans Affairs.

Friday - 06/01/2012, 02:36pm EDT

Senator questions delay in reporting TSP cyber breach

One senator is questioning why it took nine months for the Thrift Savings Plan board to find out about a sophisticated cyber attack that compromised 123,000 TSP participants' accounts. Sen. Susan Collins (R-Maine) also wants to know why Congress wasn't informed of the breach until more than a month after it was reported to the board.

Thursday - 05/31/2012, 01:29pm EDT

Covering your assets

Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012

Wednesday - 05/30/2012, 09:31pm EDT
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My HealtheVet - The Gateway to Veterans Health and Wellness

Tom Temin, of the Federal Drive, has an in depth discussion with the experts and users about the My HealtheVet program. He reviews the clinical applications of the new upgraded system and what that means for Veterans today and for the future.

Wednesday - 05/30/2012, 12:17pm EDT
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