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8:50 pm, July 28, 2014

Retirement News

OPM slashes retirement backlog in first part of 2014

The Office of Personnel Management cut the longstanding backlog of pending retirement claims by more than a third in the first half of 2014. By the end of May, the inventory of claims had fallen to about 14,500, according to new OPM data released Thursday. That's down 38 percent from a peak of more than 23,500 claims in February.

Thursday - 06/05/2014, 05:21pm EDT

Buy low, sell high -- how hard can it be?

The way to make money in the stock market is to buy when share prices are down and sell when they go up. Yet most people do just the opposite, Senior Correspondent Mike Causey says. Are you a closet market-timer?

Friday - 05/30/2014, 02:00am EDT

IG encourages USPS to follow private sector lead for benefit programs

The Postal Service Inspector General recommended that USPS make changes to its decades-old benefit programs that cost the agency millions.

Thursday - 05/29/2014, 04:11am EDT

The VA controversy and the state of the civil service

Debra Roth, partner at Shaw Bransford and Roth will discuss what's happening at the VA and OPM Director Katherine Archuleta will talk about the status of phased retirement, the retirement-claims backlog and other civil service issues.
May 28, 2014

Wednesday - 05/28/2014, 09:49pm EDT
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House bill would let federal law-enforcement officers access retirement funds early

A bipartisan House bill would reform federal tax law so that federal law-enforcement officers and firefighters can access funds from their 401(k)-style Thrift Savings Plans when they're eligible to retire without facing a penalty. Jon Adler, national president of the Federal Law Enforcement Officers Association, called the current situation "one of those glaring inequities that needed to be addressed and fixed."

Tuesday - 05/27/2014, 01:22pm EDT
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Buyouts and bats: Endangered species?

Remember when you were a kid driving to or from vacation, and you kept asking are we there yet? Now you're an adult civil servant and the question du jour is: Where are the buyouts? Check out Senior Correspondent Mike Causey's column for more.

Friday - 05/23/2014, 02:00am EDT

House bill extends agency authority to rehire retired feds

A measure included in the massive Defense policy bill approved by the House Thursday would ensure agencies maintain the flexibility to bring federal retirees back on board on a part-time basis. An amendment to the 2015 Defense Authorization Act, introduced by Rep. Gerry Connolly (D-Va.), extends the authority for agency heads to rehire retirees without specific approval from the Office of Personnel Management.

Thursday - 05/22/2014, 05:06pm EDT

What's the latest on Capitol Hill?

NARFE's Chris Farrell joins host Mike Causey to talk about some of the bills introduced in Congress that affect federal workers.
May 21, 2014

Wednesday - 05/21/2014, 05:43pm EDT
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Federal quiz clue: Marilyn's toes

Think you are pretty smart? Could you make it on Jeopardy? Try out our numbers game to test your quiz IQ, Senior Correspondent Mike Causey says.

Wednesday - 05/21/2014, 02:00am EDT

Guess who's going up 1.35 percent?

Guess who is getting a 1.35 percent increase next year? If you work for Uncle Sam, count yourself out. You're looking at, maybe, 1 percent. The lucky people are retirees whose increases are linked to inflation -- not politics, Senior Correspondent Mike Causey says.

Tuesday - 05/20/2014, 02:00am EDT

How to prepare for life transitions

Life coach Patti Hudson offers some suggestions on how to deal with career changes and other life transitions.
May 19, 2014

Monday - 05/19/2014, 08:22pm EDT
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TSP -- room for a LOT more customers?

What would it mean to the federal-military investors in the Thrift Savings Plan if everybody in the country were allowed to join up? Nobody knows for sure, but higher fees, for everybody, would seem to be a likely outcome, Senior Correspondent Mike Causey says.

Monday - 05/19/2014, 02:00am EDT

Phased retirement: 49 and 1/2 shades of gray

What's maybe going to top the summer must-read list for federal workers? It's one of the hottest topics in government: phased retirement. Coming soon, we think, to a cubicle near you, Senior Correspondent Mike Causey says.

Friday - 05/16/2014, 02:00am EDT

TSP? Maybe ... FERS? No!

When it comes to certain federal benefits, President Barack Obama and Florida Senator Marco Rubio have something in common. One of them is admiration for the federal Thrift Savings Plan, Senior Correspondent Mike Causey Says.

Thursday - 05/15/2014, 02:00am EDT

What's happening in Congress?

Jennifer Mattingley, director of government affairs for Shaw, Bransford and Roth, and Andy Medici from the Federal Times will give us an update on legislation affecting federal workers.
May 14, 2014

Wednesday - 05/14/2014, 05:19pm EDT
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Rubio: Offer all workers federal retirement plan

Rubio offers latest middle-class policy prescription to appeal to young, old

Tuesday - 05/13/2014, 09:50am EDT

Q&A with the experts: Retirement, benefits and TSP

Last month, Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, joined Federal News Radio's senior correspondent, Mike Causey, to answer feds' questions as part of an exclusive online chat. The experts fielded dozens of questions from readers -- but couldn't get to all them. So, Federal News Radio went back to the experts to answer another round of questions for readers. In this special Q&A, find the experts' take on everything from the best date to retire this year and what happens to insurance premiums when you retire to whether the Thrift Savings Plan plans to offer in-plan conversions.

Friday - 05/09/2014, 09:42am EDT

The OPM budget memo, RIFs, and buyouts

Federal News Radio Executive Editor Jason Miller and Federal Times Senior Writer Andy Medici will discuss OMB's budget guidance memo, and OPM Director Katherine Archuleta will give us an update on Public Service Recognition Week.
May 7, 2014

Wednesday - 05/07/2014, 05:26pm EDT
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Despite uptick in retirement claims, OPM reduces backlog by 2K

The Office of Personnel Management received 8,047 new retirement claims in April, which is about 1,500 more than the 6,500 it projected that it would receive for that month.

Monday - 05/05/2014, 05:33pm EDT

Pension benefits: Not all feds are created equal

When it comes to retirement benefits, not all federal workers pay the same, Senior Correspondent Mike Causey say. In fact, the giant Federal Employees Retirement System, or FERS, now has three tiers.

Monday - 05/05/2014, 02:00am EDT
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