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2:25 pm, March 4, 2015

Pay and Benefits News

Politics, the Goldilocks Rule and you

Are federal and postal unions that represent most government workers suffering political tunnel vision? Or are they doing the right/smart thing by helping friends (some friendlier than others) and ignoring or blasting foes real and perceived foes? Senior Correspondent Mike Causey wonders.

Monday - 02/09/2015, 03:00am EST

Rep. Edwards makes another bid to repeal pension contribution increase

Rep. Donna Edwards reintroduces the Federal Employee Pension Fairness Act to rescind the laws requiring feds hired after 2013 to pay more into their pensions than those hired before them.

Friday - 02/06/2015, 04:47am EST

OPM retirement backlog climbs in January

As is typical for the beginning of the year, retirement claims spiked at the Office of Personnel Management, but the number was slightly smaller than expected. The agency also processed fewer claims than it planned to for the month.

Thursday - 02/05/2015, 02:15pm EST

Answers to your questions about survival benefits

David Snell, retirement director of the federal benefits service department at NARFE, will answer your calls and emails about the federal survivor benefits package.
February 4, 2015

Wednesday - 02/04/2015, 07:13pm EST
Listen

Resetting your expiration date

As a federal or postal employee, or a retiree, you are worth a small fortune to someone you love, care about or who depends on you, says Senior Correspondent Mike Causey.

Wednesday - 02/04/2015, 03:00am EST

Jessica Klement, Legislative Director, NARFE

The White House budget proposal includes a 1.3 percent pay raise for federal employees next year. But that doesn't stack up too well against the yearly pay increases for the private sector. Jessica Klement is legislative director of the National Active and Retired Federal Employees Association. On In Depth with Francis Rose, she says the request for a pay raise is nice, but it's probably not enough to retain talented employees at your agency.

Tuesday - 02/03/2015, 04:43pm EST
Listen

TSP posts mixed results for January

The January numbers for the Thrift Savings Plan funds are a mix of good and bad news, with some funds rising out of the negative and others falling into the red.

Tuesday - 02/03/2015, 04:49am EST

Reality Check: Pay raise vs. take home pay

President Barack Obama released his FY 2016 budget proposal Monday. Senior Correspondent Mike Causey says it includes some good news and bad news for feds.

Tuesday - 02/03/2015, 03:00am EST

Financial security? Be aware, be concerned and address it!

Certified financial planner Dwayne Jackson, principal at Rembert Pendleton Jackson, answers financial planning questions.
February 2, 2015

Monday - 02/02/2015, 08:32pm EST
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Five things every federal employee should know about the Obama budget

A 1.3-percent pay raise, reforms to the Senior Executive Service and increased emphasis on employee feedback are just some of the initiatives proposed in President Barack Obama's 2016 budget.

Monday - 02/02/2015, 03:23pm EST

Cost doesn't factor heavily in military compensation panel recommendations

The nine-member Military Compensation and Retirement Modernization Commission submitted 15 recommendations to bring effectiveness and efficiency, and that would protect, maintain and improve benefits for the service members.

Friday - 01/30/2015, 04:02am EST
Listen

Panel recommending changes to military health care, benefits

Independent panel recommending changes to military health care, retirement

Thursday - 01/29/2015, 04:30pm EST

When is phased retirement coming to your agency?

The waiting game continues for agencies to implement their own guidance and put phased retirement into practice. An OPM spokesman told Federal News Radio it hasn't received any applications for phased retirement so far, and it has no reports on agencies implementing the program.

Thursday - 01/29/2015, 10:12am EST
Listen

Phased retirement: Is it coming to your agency?

Julie Perkins, partner at Shaw Bransford and Roth will answer your questions about phased retirement, and Federal Times Senior Writer Andy Medici will give us an update on a new round of legislation that affects federal workers.
January 28, 2015

Wednesday - 01/28/2015, 09:16pm EST
Listen

TSP investors get a bargain in 2014

Retirement plan participants last year paid less than 29 cents in administrative costs for every $1,000 they invested, the Federal Retirement Thrift Investment Board's Kim Weaver told Francis Rose.

Wednesday - 01/28/2015, 11:24am EST
Listen

Phased Retirement: When? Where? Who?

Agencies are dragging their feet in implementing phased retirement. When they do, how will that affect you? asks Senior Correspondent Mike Causey.

Wednesday - 01/28/2015, 03:00am EST

Orphans of the storm

Winter's here and we're all weathering the storm together. What's your blizzard survival secret? Senior Correspondent Mike Causey wants to know.

Tuesday - 01/27/2015, 03:00am EST

De-stressing your life

Health and fitness consultant Patti Hudson joins host Bob Leins to discuss what you can do to de-stress your life.
January 26, 2015

Monday - 01/26/2015, 07:47pm EST
Listen

Tammy Flanagan, National Institute of Transition Planning

Two congressional updates to the Federal Employee Retirement System are creating different groups of FERS employees. Those are on top of the separation between FERS employees and employees under the Civil Services Retirement System. Tammy Flanagan is Senior Benefits Director for the National Institute of Transition Planning. On In Depth with Francis Rose, she shared her expertise for the first wave of FERS employees to start retiring.

Friday - 01/23/2015, 04:15pm EST
Listen

Gridlock and your pension package!

Is congressional gridlock really a bad thing? Maybe not if you're a federal employee or retiree, says Senior Correspondent Mike Causey.

Friday - 01/23/2015, 03:00am EST
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