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12:06 pm, September 17, 2014

Retirement News

No new buyouts on Postal Service horizon

The U.S. Postal Service will not be offering any new buyouts in the near future, according to Anthony Vegliante, the agency's chief human resources officer. USPS offered three different buyouts in 2012. In an exclusive interview with Federal News Radio, Vegliante said the Postal Service will drop to around 500,000 employees by the end of January due to multiple consolidation efforts at the agency.

Wednesday - 11/07/2012, 01:16pm EST
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OPM makes dent in retirement backlog as claims continue rolling in

For the fourth straight month, the number of federal employees filing for retirement has outstripped the Office of Personnel Management's expectations, according to new data released by the agency. OPM also beat its projections for processing retirement claims.

Tuesday - 11/06/2012, 03:23pm EST

Air traffic controllers and more

Trish Gilbert, executive vice president of the National Air Traffic Controllers Association, joins host Mike Causey on today's show. Mike will also talk about the upcoming elections with writers from the Federal Times.
October 31, 2012

Wednesday - 10/31/2012, 07:41pm EDT
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TSP contribution limit increases in 2013

Federal employees can contribute a maximum of $17,500 annually to their Thrift Savings Plan next year up from the $17,000 limit this year, according to the IRS.

Wednesday - 10/24/2012, 08:39am EDT

Broadcasting Board of Governors offers buyouts, early outs

Employees have until Nov. 9 to apply for a Voluntary Incentive Separation Payments (VSIP) and they must leave the agency by Dec. 31. Employees have until Nov. 30, 2013, to apply for a Voluntary Early Retirement Authority.

Monday - 10/22/2012, 03:42pm EDT

USPS pension surplus due to wrong salary assumptions, IG finds

Currently, more than 70 percent of postal craft employees have already reached the top of their pay scale, according to the USPS Office of the Inspector General.

Wednesday - 10/17/2012, 02:37pm EDT

Social Security benefits get a 1.7 percent bump

More than 56 million Americans on Social Security will get raises averaging $19 a month come January, one of the smallest hikes since automatic adjustments for inflation were adopted in 1975, the government announced Tuesday.

Tuesday - 10/16/2012, 04:09pm EDT

Fed retirees to see 1.7 percent COLA increase in 2013

The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 56 million Social Security beneficiaries, according to the Social Security Administration. Social Security recipients received a 3.6 percent increase in benefits this year after getting none the previous two years.

Tuesday - 10/16/2012, 12:48pm EDT

A bitter diet COLA coming up ...

Federal, postal and military retirees are about to get an inflation-adjustment. That's the good news. The bad news is that it will be a diet- version and, for most, leave a very bitter aftertaste, Senior Correspondent Mike Causey says.

Tuesday - 10/16/2012, 02:00am EDT

How to invest in the TSP

John Jilek, CPF, discusses the Thrift Savings Plan and how to invest in the TSP and get the most for your dollar.

Monday - 10/15/2012, 06:27am EDT
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Frankenstein, Dracula, Nick Nolte at the gates

What's your worst nightmare? How about Dracula, Frankenstein and Nick Nolte appearing in your bedroom? Or is it the long-predicted retirement tsunami? Because maybe, after 13 years of building up, it's on its way, Senior Correspondent Mike Causey says.

Monday - 10/15/2012, 02:00am EDT

Workplace violence, retirement , and sequestration

Host Mike Causey and his guests will be talking about cases of workplace violence in the federal government, how you could be affected by an increase in retirement applications, and how one organization feels about sequestration.
October 10, 2012

Wednesday - 10/10/2012, 07:54pm EDT
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All feds wind up buried in limestone mine

No matter what your rank or job is or where you work, in the end you will wind up buried in a limestone mine in a remote corner of Pennsylvania, Senior Correspondent Mike Causey says. And once you retire it could be a long time before you see your first full annuity payment. But things seem to be getting better.

Tuesday - 10/09/2012, 02:00am EDT

Important financial considerations for women and for charitable donations

Certified Financial Planner Kristina Sturgis discusses financial planning issues related to retirement.
October 8, 2012

Monday - 10/08/2012, 07:17pm EDT
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Federal retirements continue to exceed expectations

For three months in a row, the number of federal retirements has exceeded what the Office of Personnel Management projected. OPM estimated it would receive 7,000 retirement claims in September. The actual number of claims the personnel agency received was 11,952.

Friday - 10/05/2012, 11:56am EDT

$hrinking buyouts: An offer you can't refuse?

Do you have something that is shrinking with age? If you are with the Postal Service, its the size of your buyouts, Senior Correspondent Mike Causey says. They are getting smaller all the time. Is this a trend feds in other agencies need to watch? Is it the precursor of an offer you can't refuse.

Thursday - 10/04/2012, 02:00am EDT

Phased retirement, postal buyouts, VA problems

Federal News Radio Executive Editor Jason Miller and Federal Times Senior Writers Stephen Losey and Sean Reilly join host Mike Causey to talk about phased retirements, sequestration and more.
October 3, 2012

Wednesday - 10/03/2012, 07:19pm EDT
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Pay or pension: Back to the future

Two years into a three-year pay freeze, thousands of retirement-eligible feds are doing the math and concluding that maybe they would be better off retired and getting inflation adjustments rather than working at their 2010 salary rate, Senior Correspondent Mike Causey says. So what's in it for you?

Wednesday - 10/03/2012, 02:00am EDT

Roth TSP now open to active-duty servicemembers

As of Monday, active-duty members of the Army, Navy and Air Force can now participate in the Roth Thrift Savings Plan option.

Tuesday - 10/02/2012, 09:18am EDT

USPS agrees to buyout plan with postal workers union

The service will offer $15,000 incentive that would be paid out over two installments to retirement-eligible employees.

Monday - 10/01/2012, 07:50pm EDT
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