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6:55 am, April 20, 2014

Pay and Benefits News

OPM updates relocation, retention and recruitment regs

The final rule issued in Wednesday's Federal Register requires agencies to recertify recruitment incentives annually. Relocation and retention rules affecting federal employees have also been updated.

Wednesday - 08/14/2013, 03:57pm EDT

Estate planning and the impact of the DOMA ruling

Marc Levine, a principal at Handler and Levine, LLC, discusses the Defense of Marriage Act law and its influence on estate planning and income tax planning going forward.
August 12, 2013

Monday - 08/12/2013, 10:01pm EDT
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Is your health plan on the sick list?

Is your federal health plan heading for the sick list? Could premiums go up and benefits be reduced in the future? That is very possible now that members of Congress and their law-writing staff members will be moving out of the cradle-to-grave FEHBP into state exchanges next year.

Monday - 08/12/2013, 02:25am EDT

Press Roundtable: Inside perspectives, analysis, and predictions

Debra Roth hosts a press roundtable on the big issues affecting federal workers.
August 9, 2013

Saturday - 08/10/2013, 12:31am EDT
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Same-sex spouses may get military benefits

Pentagon plan would grant benefits to same-sex spouses but deny them to unmarried gay couples

Thursday - 08/08/2013, 04:18pm EDT

What's ahead for feds and retirees?

NARFE legislative director Jessica Klement and Sean Reilly from the Federal Times will discuss several bills pending in Congress that would affect federal workers and retirees.
August 7, 2013

Wednesday - 08/07/2013, 09:58pm EDT
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Retiring soon? Welcome to 'Mission Improbable'

Planning to retire someday? Before you sail off into the golden years, here are some tips from recently retired feds: Don't do it! Check out Senior Correspondent Mike Causey's Federal Report for more.

Wednesday - 08/07/2013, 02:00am EDT

Furloughs hit tidal wave level

Is it a bird? Is it a plane? Or is it a sequestration-driven furlough tsunami that threatens to bury one very small, but important, federal agency that is seeing its 30-year workload record being shattered almost daily, Senior Correspondent Mike Causey says.

Tuesday - 08/06/2013, 02:00am EDT

Destination: Roth IRA

Hosts Bob Leins and Tammy Flanagan discuss how to transfer funds to a Roth IRA and avoid incurring an income tax.
August 5, 2013

Monday - 08/05/2013, 08:43pm EDT
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Union wants rewrite of phased-retirement rules

The National Treasury Employees Union supports the general idea of phased retirement but has taken issue with some of the specifics set out by the Office of Personnel Management in its draft regulations. NTEU President Colleen Kelley says the rules, in their current form, require would-be phased retirees to have 20 years of experience, which could limit the number of employee eligible for the program. NTEU is also concerned about the lack of an appeals process for feds deemed ineligible for the option.

Monday - 08/05/2013, 05:03pm EDT
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Citing sequestration, OPM pushes back retirement processing goal

The Office of Personnel Management now estimates it will not be able to clear a longstanding backlog of retirement claims until next summer. OPM Associate Director for Retirement Services Ken Zawodny told Federal News Radio the suspension of overtime in late April has left the agency essentially treading water when it comes to processing retirement applications.

Monday - 08/05/2013, 10:00am EDT
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COLA? Maybe. Pay raise? Maybe not!

How can you tell the difference between a current government worker and a retired civil servant? One of them is smiling, Senior Correspondent Mike Causey says. Think about it, prices have gone up, taxes have gone up, health premiums have gone up -- but feds at the Pentagon, HUD, Interior and other agencies haven't had a raise in three years.

Monday - 08/05/2013, 02:00am EDT

Pension, health care changes key to Senate postal reform plan

The Senate postal reform bill calls on the Office of Personnel Management to change the way it calculates how much the U.S. Postal Service must pay into the Federal Employees Retirement System and the Civil Service Retirement System. The change could result in a $6 billion surplus for the debt-burdened USPS.

Friday - 08/02/2013, 08:19pm EDT

House passes bills to halt bonuses, increase transparency of feds

The House passed the Stop Government Abuse Act Thursday by a vote of 239-176. The bill is part of a Republican legislative package aimed at slashing government waste and abuse.

Friday - 08/02/2013, 11:46am EDT

TSP funds rebound thanks to strong July market

Funds in the Thrift Savings Plan rebounded last month from a June dip. All TSP funds posted in positive territory for the first time since April, and some funds boasted their biggest monthly increases of the year so far

Thursday - 08/01/2013, 01:10pm EDT

Financial risk planning: how to know your risk tolerance

Certifed financial planner Joe Sullender answers questions and emails about how to create a financial plan for your family.
July 29, 2013.

Monday - 07/29/2013, 10:11pm EDT
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Contractors seek answers on ACA implications for business

Government contractors have more questions than answers regarding how the Affordable Care Act will impact business, and how coverage requirements will inform contract pricing evaluations.

Friday - 07/26/2013, 06:10am EDT
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Round up the usual suspects, again!

Furloughs have hit half the federal workforce, and the financial impact has been hard on many of them. But for many members of the federal family, Senior Correspondent Mike Causey says, the worst may be yet to come things like layoffs and cutbacks in the federal retirement and health insurance programs in the new fiscal year.

Thursday - 07/25/2013, 02:00am EDT

DoD furloughs could cause FEEA loans to swell to record levels

The Federal Employee Education and Assistance Fund is receiving more requests for loans than ever before as weekly furloughs hit the Defense Department. Director Steve Bauer said the non-profit organization is doing everything it can to keep up.
July 24 & 30, 2013

Wednesday - 07/24/2013, 02:47pm EDT
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Special employment and retirement provisions

Bob Braunstein, a federal benefits specialist, explores the special retirement provisions for LEOs, FF, ATC and foreign assignments.

Thursday - 07/18/2013, 07:52pm EDT
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