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5:26 pm, September 30, 2014

Retirement News

Sequestration slowing OPM's efforts to clear retirement backlog

OPM processed just 8,683 claims last month — about 2,800 fewer than it had initially expected to. That's the second month in a row OPM fell behind in processing monthly claims according to new OPM data. The agency was forced to eliminate overtime for employees in its Retirement Services operation at the end of April because of the automatic budget cuts.

Friday - 07/05/2013, 01:53pm EDT

Self-plus-one health insurance and phased retirement

NARFE legislative director Jessica Klement and Federal Times writer Stephen Losey, join host Mike Causey to talk about the self-plus-one health plan option and the chained CPI.
July 3, 2013 (This show originally aired May 29, 2013)

Wednesday - 07/03/2013, 07:07pm EDT
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Retiring: Pays to plan ahead...

The No. 1 complaint people have after retiring is how long it takes them to get the first full annuity payment. Depending on a lot of things it can take anywhere from a couple of months to more than a year.

Tuesday - 07/02/2013, 02:00am EDT

Phased retirement - the bottom line

Co-hosts Bob Leins and Tammy Flanagan answer your calls and emails about phased retirement.
July 1, 2013

Monday - 07/01/2013, 10:05pm EDT
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Retiring someday? A word to the wise

There are some things that many of us only do once. That includes retiring and dying. So it pays to get it right the first time, Senior Correspondent Mike Causey says.

Monday - 07/01/2013, 02:00am EDT

The biggest threats to your federal pay and benefits

John Grobe, president of Federal Career Experts, will answer your calls and emails about possible changes to your pay and benefits package.
June 26, 2013(This show originally aired June 12, 2013)

Wednesday - 06/26/2013, 06:26pm EDT
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Surf's up (maybe): Timing the retirement wave

We've been hearing for a dozen years about the upcoming federal retirement tsunami, when thousands of baby boomers with years of technical expertise leave the federal service for the golf courses and RV parks of retirement communities. But timing the retirement wave can be tricky.

Friday - 06/21/2013, 02:00am EDT

What you need to know about long-term care and retiring happy

On this week's Your Turn program, Mike interviews Paul Forte with Long Term Care Partners and retirement expert Stan Hinden. (This show originally aired June 5, 2013.)

Wednesday - 06/19/2013, 04:29pm EDT
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How to make the best of your life for the rest of your life

Life and career coach Dee Cascio answers calls and emails about how to properly prepare for retirement.
June 17, 2013

Tuesday - 06/18/2013, 01:35am EDT
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The biggest threats to your federal pay and benefits

John Grobe, president of Federal Career Experts, will answer your calls and emails about possible changes to your pay and benefits package.
June 12, 2013

Wednesday - 06/12/2013, 06:26pm EDT
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Phased retirement: Here but not for everybody!

The good news is that phased retirement is here at last. OPM has issued the draft regulations that will permit some people to transition into retirement. The not-so-good-news is that phased retirement isn't for everybody, Senior Correspondent Mike Causey says. You may want it, but does it want you?

Friday - 06/07/2013, 02:00am EDT

OPM processes fewer retirement applications than expected in May

The Office of Personnel Management's efforts to process retirement claims and reduce a longstanding backlog slipped last month, after the agency was forced to cancel employee overtime because of automatic budget cuts. OPM processed 10,954 claims in May, according to new data, 546 fewer than it had projected. That's only the third time in the past 16 months - since the agency rolled out a new plan for clearing the backlog — that OPM failed to hit its processing goal.

Wednesday - 06/05/2013, 04:03pm EDT

OPM issues phased retirement guidance

Federal employees who choose to retire part-time and return to federal service under a new phased-retirement option will have to spend at least 20 percent of their time on mentoring activities, according to proposed rules from the Office of Personnel Management, which were released today in the Federal Register

Tuesday - 06/04/2013, 09:15pm EDT

Financial awareness NOW!

Host Bob Leins and Certified Financial Planner Karen Schaeffer answer your calls and emails on what to do now to protect your financial assets in the future.
June 3, 2013

Monday - 06/03/2013, 08:41pm EDT
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Worried about retirement? Join the club

Feds who are already retired (and those who plan to retire someday soon) have several worries, Senior Correspondent Mike Causey says. For those about to take the plunge, the concern is the backlog of applications at the Office of Personnel Management. For those already on the roles the fear is that future benefit increases will be downsized each year.

Friday - 05/31/2013, 02:00am EDT

Sequestration threatens OPM's low-tech plan to beat retirement backlog

Not that long ago, the Office of Personnel Management faced a crisis in processing retirement claims. In part two of our special report, "Retirement Conundrum," Federal News Radio examines how OPM set out to beat its backlog, and how it can stay ahead of an unexpected surge in claims amid automatic budget cuts that threaten to derail progress.

Thursday - 05/30/2013, 07:40pm EDT

Self-plus-one health insurance and phased retirement

NARFE legislative director Jessica Klement and Federal Times writer Stephen Losey, join host Mike Causey to talk about the self-plus-one health plan option and the chained CPI.
May 29, 2013

Wednesday - 05/29/2013, 07:07pm EDT
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Forecasting the retirement wave: What's behind the flubbed predictions?

A federal retirement tsunami has been predicted for years but never quite materialized. In our special report, "Retirement Conundrum," Federal News Radio reexamines the trends and developments that led to the botched predictions and what it means today with a recent uptick in retirements reviving old worries.

Wednesday - 05/29/2013, 05:00am EDT
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'Unchained CPI Melody' bums some

When it comes to those annual cost-of-living adjustments, a growing number of federal workers and retirees actually get diet COLAs each January. And that would get worse -- and extend to all retirees under a White House plan that has strong congressional backing, Senior Correspondent Mike Causey says.

Tuesday - 05/28/2013, 02:00am EDT

So you've retired...now what?

Retirement coach Mike Townshend talks about what feds should think about as they plan for their retirement.
May 27, 2013

Monday - 05/27/2013, 09:59pm EDT
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