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6:35 am, September 20, 2014

Pay and Benefits News

Health insurance: Pay a little now or a lot later

You may be the healthiest person in the IRS or the most organic couple with the EPA, but that doesn't let you off the hook when it comes time to hunt for a health plan, Senior Correspondent Mike Causey says.

Wednesday - 11/13/2013, 02:00am EST

Bankruptcy insurance on sale now

Crushing medical bills are the leading cause of bankruptcy. But you can avoid that by choosing one of the many federal health plans, and picking one that limits your maximum out-of-pocket costs, Senior Correspondent Mike Causey says.

Tuesday - 11/12/2013, 02:00am EST

Open season with Walton Francis

Insurance expert and author Walton Francis will answer your calls and emails about open season.
November 11, 2013

Monday - 11/11/2013, 07:58pm EST
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Top 3 Tips for Open Season

Open Season, the time when federal employees and retirees can comb through more than 250 plans of the Federal Employees Health Benefits (FEHB) Program and make changes, kicks off today and runs through Dec. 9. Find some key pieces of information for the current Open Season and links to more information. Plus, benefits experts offer their three most important tips for Open Season.

Saturday - 11/09/2013, 12:18pm EST

Pay freeze, sequestration take bite out of employee satisfaction, OPM survey reveals

Frustrations over federal pay, budget cuts and uncertain agency funding have weakened federal-employee satisfaction, according to the Office of Personnel Management's Federal Employee Viewpoint survey released Friday. For the second year in a row, overall employee satisfaction scores fell, dipping below 60 percent this year. Meanwhile, less than half of federal employees said they believe they have sufficient resources such as material, staff and funding to do their jobs effectively.

Friday - 11/08/2013, 05:40pm EST

Fed groups: Pay and benefits should be off the table in budget talks

A coalition of more than two dozen federal-employee unions and advocacy groups is calling on budget negotiators to come up with a way to undo the across-the-board sequestration budget cuts that are poised to slash agency spending by billions more this year. But following three years of a pay freeze and the recent 16-day government shutdown, the groups are equally adamant that changes to federal employees' pay and benefits should be off the table.

Friday - 11/08/2013, 10:24am EST

Counting on a bonus? Don't count too high!

If Charles Dickens had written about the government's bonus program he might have called his novel "Bleak House," or maybe "Not So Great Expectations," Senior Correspondent Mike Causey says.

Friday - 11/08/2013, 02:00am EST

About those gaps ... in your teeth

Do you have a colleague who is always so upbeat, so happy that it gets on your nerves? If so, there is a sure-fire way to make him or her lose that grin, Senior Correspondent Mike Causey says.

Thursday - 11/07/2013, 02:00am EST

Open season and more

As part of our open season coverage, host Mike Causey will talk with Mike Davis, president and chief operating officer of Dominion Dental Services, and Andy Medici from the Federal Times will bring us up to date on issues affecting feds and retirees.
November 6, 2013

Wednesday - 11/06/2013, 05:21pm EST
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Retirement backlog continues to drop as fewer feds file to retire

For the fourth month in a row, fewer federal employees than expected put in for retirement, allowing the Office of Personnel Management to continue cutting away at a longstanding backlog of claims. About 1,000 fewer employees than expected filed for retirement, according to new OPM data. The backlog fell by more than 3,500 cases.

Tuesday - 11/05/2013, 01:35pm EST

OMB, OPM tell agencies to take different approach on employee bonuses

The Obama administration trying a different tack on federal-employee bonuses and awards in fiscal 2014. A new directive from the Office of Management and Budget and the Office of Personnel Management continues clear-cut spending caps on employee awards but won't outright ban them -- even if the across-the-board spending constraints, known as sequestration, continue.

Monday - 11/04/2013, 11:23am EST

Open season for federal employees

Tony Vergnetti will host a roundtable discussion of open season and the options available for federal workers.
November 1, 2013

Friday - 11/01/2013, 08:50pm EDT
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Hagel blasts states on same-sex benefits policy

Hagel says states refusing to issue ID cards to troops' same-sex spouses are 'wrong'

Friday - 11/01/2013, 02:58pm EDT

What shutdown? TSP ends October with strong showing

Fears that the two-week government shutdown and the threat of a catastrophic default on the national debt would roil the stock market and shrink federal employees' retirement accounts turned out to be unfounded. For the second month in a row, all the funds in the TSP posted in positive territory, according to data released Friday by the Federal Retirement Thrift Investment Board.

Friday - 11/01/2013, 11:30am EDT

A single-digit raise? It could have been worse

Retirees will get a 1.5 percent cost-of-living adjustment next January, and white-collar feds are looking at a 1 percent raise. Not much but it could have been a lot worse, Senior Correspondent Mike Causey says.

Friday - 11/01/2013, 02:00am EDT

In House-Senate budget talks, feds fear being familiar target

When House and Senate lawmakers kicked off formal budget negotiations this week for the first time since the government shutdown ended, both Republicans and Democrats said replacing sequestration, the blunt across-the-board budget cuts, with an alternative plan would be a top priority. The sticking point remains how to pay for it. Federal-employee unions and advocacy groups fear federal pay and benefits will once again be on the table.

Thursday - 10/31/2013, 12:51pm EDT

If it's fun, it must be wrong

If it feels good, it must be bad. However if you ignore it, you may be on the right track, Senior Correspondent Mike Causey says. So are we talking about your TSP account or your love life?

Thursday - 10/31/2013, 02:00am EDT

TSP investing and more

CBS MoneyWatch columnist Allan Roth will share investment strategies for the TSP, and Federal Times senior writer Sean Reilly will discuss what's ahead for federal workers and retirees.
October 30, 2013

Wednesday - 10/30/2013, 07:55pm EDT
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Social Security benefits to go up by 1.5 percent

Social Security benefits to go up by 1.5 percent in 2014; increase among lowest in years

Wednesday - 10/30/2013, 07:04pm EDT

2014 COLA to rise 1.5 percent

The Social Security Administration announced Wednesday morning that the cost-of-living adjustment, or COLA, for 2014 will rise 1.5 percent.

Wednesday - 10/30/2013, 07:02am EDT
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