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12:20 am, September 20, 2014

Retirement News

Will sequestration, retirement wave derail OPM's backlog goal

The Office of Personnel Management has made steady progress chipping away at a longstanding backlog of retirement claims. But Oversight Committee lawmakers and other government watchdogs remain concerned that the absence of a long-term plan to overhaul the mostly paper-based process combined with across-the-board budget cuts and a lack of strong leadership within OPM could stall or derail the progress the agency has made.

Thursday - 05/09/2013, 05:19pm EDT

OPM backlog, NARFE convention, PSPW, and more

Host Mike Causey will discuss the OPM retirement processing backlog with NARFE Legislative Director Jessica Klement and the Federal Times' Stephen Losey.
May 8, 2013

Wednesday - 05/08/2013, 07:32pm EDT
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Q&A....just for feds

Federal benefits expert Bob Braunstein answers your retirement and career planning questions.
May 6, 2013

Monday - 05/06/2013, 11:54pm EDT
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Retirements dip in April

The number of federal employees filing retirement claims in April dipped below expectations following months of unexpectedly high numbers, according to new data from the Office of Personnel Management. OPM received 7,059 claims last month, about 1,000 fewer than expected.

Friday - 05/03/2013, 05:53pm EDT

All TSP funds continue positive trend in April

All Thrift Savings Plan funds continued to perform well in April. While only two funds reported higher return rates for the month compared to March, all funds posted positive returns.

Thursday - 05/02/2013, 06:19am EDT

Furloughs, retirement backlogs, and more

Host Mike Causey will talk furloughs with Federal Career Experts owner John Grobe, and hiring, retirement backlog, and more with Stephen Losey and Sean Reilly from the Federal Times.
May 1, 2013

Wednesday - 05/01/2013, 07:08pm EDT
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So, what's next?

Federal News Radio Senior Correspondent Mike Causey answers your calls and emails about a wide variety of issues affecting federal workers.
April 29, 2013

Monday - 04/29/2013, 11:24pm EDT
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Sequestration could cause delays in retirement processing, OPM says

The Office of Personnel Management says sequestration cuts have forced the agency to suspend overtime hours for employees working in its Retirement Services office and to curtail call-center hours.

Monday - 04/29/2013, 07:59pm EDT

Menu for retirees: Steak, to hamburger, to Alpo

Senior Correspondent Mike Causey wants to know: Would the new plan to revise future cost-of-living adjustments put federal and Social Security retirees on a more realistic (and healthy) steak-to-beans diet? Or would each non-raise get a little worse?

Friday - 04/26/2013, 02:00am EDT

Chained CPI, TSP, and the 2014 budget

Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers.
April 24, 2013

Wednesday - 04/24/2013, 06:52pm EDT
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Zen and your diet COLA

Senior Correspondent Mike Causey wants to know: If I chopped a couple of bucks off each of the future cost-of-living adjustments made to your federal retirement or Social Security benefits would you even notice? Or, would you pick up the fact that over time that is a lot of money that you will never see.

Wednesday - 04/24/2013, 02:00am EDT

TSP board quashes extra loan option for furloughed feds

The Federal Retirement Thrift Investment Board says offering federal employees an extra loan option through their Thrift Savings Plans to cushion the impact of furloughs would require too much effort to implement and may not help the employees all that much. Several federal-employee unions have lobbied the board to add a second general purpose loan option to help cushion the blow of furloughs. But at a Employee Thrift Advisory Council meeting April 22, the board quashed the idea, citing the complexity surrounding the changes.

Tuesday - 04/23/2013, 06:04pm EDT
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Taking the mystery out of Medicare

David Santana, with the Centers for Medicare and Medicaid Services, answers your calls and emails about the Medicare system.

Monday - 04/22/2013, 11:37pm EDT
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Military groups fight to stop DoD budget proposal

Advocacy organizations are criticizing the Pentagon's proposed fee increase for TRICARE as unfair and discriminatory.

Friday - 04/19/2013, 05:24am EDT
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Chained CPI, TSP, and the 2014 budget

Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers.
April 17, 2013

Wednesday - 04/17/2013, 06:52pm EDT
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Crunching your COLA numbers

Federal, military and Social Security retirees would receive smaller benefits in the future if the government switches to a new yardstick to measure inflation. How much would it cost you? Maybe more than you think, Senior Correspondent Mike Causey says.

Wednesday - 04/17/2013, 02:34pm EDT

Fed employee group calculates lost benefits under chained CPI

President Barack Obama's proposal to change the way retirees' cost-of-living adjustments (COLAs) are calculated has drawn the ire of federal-employee groups and unions. The National Active and Retired Federal Employees Association (NARFE) has released a calculator designed to show retirees and policymakers how benefits would be reduced if the chained CPI were implemented.

Tuesday - 04/16/2013, 05:34pm EDT

Never-gonna-happen furloughs happening

When sequestration was proposed, politicians said it would never happen. It did. When it triggered furlough warnings, some said they would never take place. Except they are happening right now, Senior Correspondent Mike Causey says.

Monday - 04/15/2013, 02:00am EDT

Feds in Survivor Island mode

President Barack Obama wants to make federal service cool again. But his budget proposals, which would reduce future retirement benefits and force feds to pay more for them, has a lot of current civil servants hot under the collar, Senior Correspondent Mike Causey.

Friday - 04/12/2013, 02:00am EDT

Is your retirement check shrink-proof?

Senior Correspondent Mike Causey wants to know: Would you be willing to accept a slightly smaller retirement benefit if it would help get the country out of debt? What if future cost-of-living adjustments to your civil service benefit were reduced by a mere 0.3 percent each year?

Thursday - 04/11/2013, 02:00am EDT
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