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10:44 am, December 22, 2014

Pay and Benefits News

OPM plots steps to modernize retirement system IT in 2015

Office of Personnel Management officials told the House Oversight and Government Reform Subcommittee on the Federal Workforce, the U.S. Postal Service, and the Census about its plan to buy a case management system. The case management system will serve as the foundation for yet another attempt at modernizing the retirement system.

Thursday - 12/11/2014, 04:27am EST
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How safe is your pension? Can you say Detroit!

The primary federal pensions plans -- CSRS and FERS --are the gold-standard compared to virtually any private-sector pension plan. But how safe are they? asks Senior Correspondent Mike Causey.

Thursday - 12/11/2014, 02:00am EST

Too many feds or not enough?

Author and University of Pennsylvania professor John Dilulio joins host Mike Causey to discuss his new book: "Bring Back the Bureaucrats".
December 10, 2014

Wednesday - 12/10/2014, 06:58pm EST
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Last day to make a sound decision

For Your Benefit co-hosts Bob Leins and Tammy Flanagan answer questions about health benefit plans on this last day of Open Season.
December 8, 2014

Monday - 12/08/2014, 10:40pm EST
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Hey people, it's Frigga Friday. Get with it!

Federal employees have a good reason to say, "Thank God, it's Frigga Friday," says Senior Correspondent Mike Causey.

Friday - 12/05/2014, 02:00am EST

Heidi Burakiewicz, Partner, Mehri & Skalet PLLC

Hundreds of thousands of federal employees deemed essential during the 2013 government shutdown will be receiving a legal notice if they are entitled to join a multimillion dollar lawsuit against the government. To win a settlement, the employee must join the class action suit. Heidi Burkiewicz is a partner with Mehri & Skalet, the law firm handling this case. She joined Tom Temin on the Federal Drive to talk about the lawsuit and what it means if you are classified as essential.

Thursday - 12/04/2014, 08:50am EST
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Health Premiums: They could be sooo much worse!

Although most people realize the government picks up part of the premium, a lot of people don't realize what a difference that makes, says Senior Correspondent Mike Causey.

Thursday - 12/04/2014, 02:00am EST

Walton Francis and FEHBP open season

Walton Francis, author of the Consumers' CHECKBOOK Guide to Health Plans for Federal Employees, answers your calls and emails about health plans available during FEHBP open season.
December 3, 2014

Wednesday - 12/03/2014, 08:58pm EST

Pick or pay, your call

The good news, says Senior Correspondent Mike Causey, is that there's still time to save $1,000 to $2,000 next year on health premiums. The bad news is that time is running out!

Wednesday - 12/03/2014, 02:00am EST

OPM details self-plus-one FEHBP option

In a proposed rule expected to be released Dec. 3, the Office of Personnel Management outlines how this new benefit will work for federal employees and retirees. OPM is accepting comments on the proposal.

Tuesday - 12/02/2014, 02:00pm EST

All TSP funds grow for November

Every Thrift Savings Plan domestic fund showed growth in November, including the troubled I Fund, which had been in the negative for months.

Monday - 12/01/2014, 10:34am EST

Open Season continues with Kaiser Permanente

This week on the For Your Benefit radio show, hosts Bob Leins and Tammy Flanagan welcome John Patrick, FEHB director for Kaiser Permanente for the Maryland/Washington, D.C./Virginia region to the show. This is the latest in our series of weekly shows devoted to the range of health insurance plans available to feds during Open Season.

Monday - 12/01/2014, 09:15am EST
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The lull before the lull

Uncle Sam isn't Detroit. At least not yet, says Senior Correspondent Mike Causey. But a growing number of politicians -- some seeking better ways to do things, some bureaucrat-haters -- are looking at the government retirement program as the place to make savings.

Monday - 12/01/2014, 02:00am EST

TGIF or not

Whether you are working today or at home, take a minute to emerge from your turkey-induced haze and think about your 2015 health plan, says Senior Correspondent Mike Causey.

Friday - 11/28/2014, 02:00am EST

CBO deficit report advises smaller fed workforce

In a new report on reducing the federal deficit, the Congressional Budget Office suggests that cutting 70,000 government jobs over the next decade and changing the math used for civilian and military pensions could save $100 billion.

Wednesday - 11/26/2014, 11:24am EST

Two can live as cheaply as one if

Some federal couples try to save money by each purchasing a self-only plan. The total premium will be less, says Senior Correspondent Mike Causey, but that could be a problem if both of you have a major illness or accident next year.

Wednesday - 11/26/2014, 02:00am EST

Jim Thomas, Vice President and Director of Studies, Center for Strategic and Budgetary Assesments

The resignation of Defense Secretary Chuck Hagel is bringing the administration's military and foreign policies into a new light. The next secretary will have to deal with the lingering issues of pay and benefits reform, sequestration, and the new technology offset strategy. Jim Thomas, vice president and director of studies at the Center for Strategic and Budgetary Assessments, analyzed what Hagel's resignation means for the agency's present and future on the Federal Drive with Tom Temin.

Tuesday - 11/25/2014, 11:08am EST
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The end is near ...

The clock is ticking on open season, when federal employees can switch their health care plans. Senior Correspondent Mike Causey says it's not too late to save as much as $1,200 next year.

Tuesday - 11/25/2014, 02:00am EST

Open Season continues with AETNA Federal Plans

Tom Bernatavitz, vice president of Aetna Federal Plans, joins hosts Bob Leins and Tammy Flanagan to talk about Aetna health care plans that are available to feds during Open Season.
November 24, 2014

Monday - 11/24/2014, 09:41pm EST
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DoD updates rules to protect servicemembers from shady retailers, creditors

The Pentagon will curtail the types of payments service members are allowed to make to companies directly from their regular paychecks, a move officials said was intended to protect troops from unscrupulous businesses.

Monday - 11/24/2014, 04:20am EST
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