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3:23 am, October 24, 2014

Retirement News

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

The John Berry legacy at OPM

Carol Bonosaro, president of the Senior Executives Association, and NFFE president William R. Dougan will give their thoughts on John Berry's four years as director of the Office of Personnel Management.
April 10, 2013

Wednesday - 04/10/2013, 10:10pm EDT
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President's 2014 budget includes pay increase, but retirement changes loom large

Federal employees would see a slight pay bump next year under President Barack Obama's proposed budget for 2014. But at the same time, the White House budget outline proposes sweeping changes to federal employees' retirement benefits, including reductions to annual cost-of-living increases for retirees.

Wednesday - 04/10/2013, 01:43pm EDT

DoD's 2014 budget: Fewer civilians, higher retiree health fees

The Defense Department's 2014 budget proposal reduces the size of the civilian workforce slightly, increases TRICARE premiums, and requests another round of base closures. It also calls for a slight raise for both civilian employees and uniformed servicemembers. The budget significantly exceeds the Defense spending caps in current law.

Wednesday - 04/10/2013, 12:52pm EDT

Leaner retirement in the works

In your golden retirement years, will you be dining on steak or Hamburger Helper? Some people say the latter may be on the menu thanks to a White house plan to trim future cost-of-living-adjustments for federal, military and Social Security retirees, Senior Correspondent Mike Causey says.

Tuesday - 04/09/2013, 02:00am EDT

Retirement twilight zone

Bob Leins hosts a roundtable discussion of some strange but true retirement planning stories.
April 8, 2013

Monday - 04/08/2013, 09:59pm EDT
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Federal retirements exceed expectations for third straight month

For the third month in a row, the number of federal employees filing retirement claims outpaced the Office of Personnel Management's projections. OPM received 10,183 retirement claims in March, more than double the number it expected to receive, according to new OPM data..

Friday - 04/05/2013, 02:39pm EDT

Furloughs, sequestration, and five day delivery

AFGE's J. David Cox, and Federal Times Senior Writer Sean Reilly will talk about the impact of sequestration and the possiblity that federal workers will be furloughed.
March 27, 2013

Wednesday - 03/27/2013, 06:52pm EDT
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Retirement twilight zone

Bob Leins hosts a roundtable discussion of some strange but true retirement planning stories.
March 25, 2013

Monday - 03/25/2013, 09:59pm EDT
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Fighting furloughs and freezes

NARFE's Jessica Klement and Sean Reilly and Stephen Losey from the Federal Times, will discuss pending legislation on Capitol Hill, that affects federal workers.
March 20, 2013

Wednesday - 03/20/2013, 07:03pm EDT
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Vampires and a retirement offer to die for...

What do vampires have to do with a long-lived urban myth about a super-secret federal retirement plan? The short answer is that both are very hard to put to rest, Senior Correspondent Mike Causey says. But here goes, again ...

Wednesday - 03/20/2013, 02:00am EDT

Early-outs without a buyout - would you bite?

There was a time when no self-respecting federal worker would take an offer to retire early unless it was accompanied by a $25,000 buyout. But after two-plus years of a pay freeze and furloughs in the forecast, attitudes may have changed, Senior Correspondent Mike Causey says.

Tuesday - 03/19/2013, 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.
March 18, 2013

Monday - 03/18/2013, 09:59pm EDT
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2014 budget battle lines drawn around federal pay, benefits

When it comes to the federal workforce, the competing House and Senate budget plans differ greatly in tone and style. But when it comes to making the federal government run more efficiently and finding cost-savings in federal operations, the two plans are more alike than you might think.

Thursday - 03/14/2013, 06:09pm EDT

Furloughs, buyouts, & retirement surge

Federal News Radio's Julia Ziegler, and Sean Reilly and Stephen Losey from the Federal Times, join host Mike Causey to discuss a wide range of issues affecting federal workers.
March 13, 2013

Wednesday - 03/13/2013, 06:57pm EDT
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