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9:15 am, August 20, 2014

Benefits News

Estate planning

Estate planning specialist Marc Levine provides tips on how to prepare for your family's financial future.
April 30, 2012

Monday - 04/30/2012, 10:12pm EDT
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Reports indicate federal workers' comp long overdue for update

The federal workers' compensation program has long targeted by agency inspectors general, who have cited the program's lack of oversight and susceptibility to improper payments Some members of Congress also argue the program's benefit structure, which hasn't been meaningfully updated since the mid-1970s, has led to widespread inefficiencies.

Monday - 04/30/2012, 09:51pm EDT
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Pensions to feel bipartisan bite

For years, federal and postal workers have benefited from congressional gridlock. Efforts to cut benefits, or force people to pay more for them, were often blocked by partisan wrangling. But where your pension is concerned, the good old days may be over, Senior Correspondent Mike Causey says.

Friday - 04/27/2012, 02:00am EDT

Wall Street or Walmart: What's in your future?

Feds who retire with special skills and top-secret clearances often move into top jobs on Wall Street, with credit card companies or even back in government, Senior Correspondent Mike Causey says. But for those stripped of their clearances, life after Uncle Sam may mean a security guard job at a box store ...

Wednesday - 04/25/2012, 02:00am EDT

How to know if you'll be happy in retirement

Career coach Mike Townshend talks about what feds should think about as they plan for their retirement.
April 23, 2012

Monday - 04/23/2012, 08:22pm EDT
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The Incredible Shrinking Postal Service

Even if you never, or hardly ever, go to a Post Office there's a good chance you went there Tuesday to mail your taxes, and get an SOS from some worried postal employees, Senior Correspondent Mike Causey says.

Thursday - 04/19/2012, 02:00am EDT

The TSP program and the new federal employee

Economist Dave Redden joins host John Elliot to talk about investment options for federal employees.
April 16, 2012

Monday - 04/16/2012, 11:01pm EDT
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Economist: Roth TSP a good deal for young feds

Economist Dave Redden tells For Your Benefit that young people just starting in the federal service stand to gain the most from tax-free funds in retirement.

Monday - 04/16/2012, 02:42pm EDT
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Saving big bucks, the GSA scandal, and more

Allan Roth of CBS MoneyWatch and Federal Times reporters Andy Medici and Steve Losey join host Mike Causey on today's program.
April 11, 2012

Wednesday - 04/11/2012, 08:49pm EDT
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OPM making changes to FEHBP - Is that good news?

In a recent letter to insurers, the Office of Personnel Management requested some changes to federal health plans. Brace yourselves: It's mostly good news. The Federal Drive talked to health-benefits expert Walt Francis to get the details.

Friday - 04/06/2012, 06:06pm EDT
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Support grows for Domestic Partnership Benefits bill

Twenty senators all Democrats have signed on in support of the Domestic Partnership Benefits and Obligations Act, which would extend health-care benefits to same-sex, domestic partners of federal employees.

Tuesday - 04/03/2012, 01:21pm EDT

Are you better off now than you were two years ago?

Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.

Monday - 04/02/2012, 02:00am EDT

Swing-dancing feds: One step forward, two steps back

When you think of federal workers, the term "swinger" isn't the first thing that pops into your head. But after some of the changes politicians want to make, anything could happen.

Friday - 03/30/2012, 02:00am EDT

OPM: 10 new plans coming to FEHBP in 2013

The Office of Personnel Management will add 10 new health plans to the Federal Employees Health Benefits Plan starting in 2013.

Thursday - 03/29/2012, 01:28pm EDT

Senators concerned over TRICARE fee increases

The Pentagon is telling lawmakers military retirees' share of health care costs is going to have to increase if it's going to meet the budget targets Congress and the President handed over with last year's budget control act.

Thursday - 03/29/2012, 08:56am EDT
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Retirement and SES mobility

Host Mike Causey will talk federal retirement with the NITP's Tammy Flanagan. Senior Executives Association President Carol Bonosaro will talk about a new report that looks at the mobility of members of the Senior Executives Service.
March 28, 2012

Wednesday - 03/28/2012, 09:28pm EDT
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GOP caucus budget cuts feds' retirement, health benefits

The Republican Study Committee, a caucus of House conservatives, laid out a budget blueprint that increases federal employees' pension contributions and incentivize feds to enroll in lower-priced health plans.

Wednesday - 03/28/2012, 12:38pm EDT

Social Security

Lester Austin, public affairs specialist at the Social Security Administration, answers your Social Security questions.
March 26, 2012

Monday - 03/26/2012, 06:13pm EDT
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Living on 1/3 of your income

Thinking about retiring in the next couple of years? Well, here's something to think about, Senior Correspondent Mike Causey says: How long and how well could you live if your income was cut by more than 60 percent for months at a time?

Monday - 03/26/2012, 02:00am EDT

Feds: Is that a dust cloud or the Mongol horde?

What do you suppose 13th-century peasants thought just before Genghis Khan's boys rode into town? We can't be sure, Senior Correspondent Mike Causey says, but it might be the same sort of unease modern-day federal workers have when Congress mounts its high horse ...

Thursday - 03/22/2012, 02:00am EDT
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