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5:08 am, July 12, 2014

Pay and Benefits News

An update on the Senior Executives Service

Carol Bonosaro, president of the Senior Executives Association, will discuss the status of the SES, and Nicole Johnson and Andy Medici from the Federal Times will talk about cloud computing and the likelihood that feds will get a pay raise.
April 9, 2014

Wednesday - 04/09/2014, 04:41pm EDT
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Is this as good as it gets?

They say that in Russia, many older people now long for the good old days when Joseph Stalin ran things. Senior Correspondent Mike Causey wants to know: What if in the near future federal workers look back to pay freezes, furloughs and shutdowns as if they were the good old days?

Wednesday - 04/09/2014, 02:00am EDT

John Palguta, Partnership for Public Service

The Partnership for Public Service has come up with a new set of civil service reform ideas. Together, they would modernize the decades-old General Schedule system to better reflect the work of today's federal employees. John Palguta, vice president for policy, describes problems with the GS system to Federal Drive hosts Tom Temin and Emily Kopp.

Tuesday - 04/08/2014, 10:16am EDT
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Are those buzzards or sharks circling your cubicle?

After years of frozen pay, furloughs and shutdowns, federal workers have a new, legitimate, complaint, Senior Correspondent Mike Causey says. They are lonely and they are being watched at the same time!

Tuesday - 04/08/2014, 02:00am EDT

Determining your financial ability to retire

Certified Financial Planner Joe Sullender answers your questions about retirement planning.
April 7, 2014

Monday - 04/07/2014, 05:53pm EDT
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Medicare Part B: The $1,200 question

With apologies to Shakespeare, the most common question federal workers ask at benefits seminars is the To B or Not to B question. Should they pay $1,200 a year for Medicare Part B, or rely on their federal health plan? Short answer: It depends, Senior Correspondent Mike Causey says.

Monday - 04/07/2014, 02:00am EDT

Tammy Flanagan, Senior Benefits Director, National Institute of Transition Planning

The Thrift Savings Plan is unrolling a "Take Five for Your Future" initiative to help you understand your TSP options better. It's using the number five to drive home advice on agency contributions, from the five life cycle funds to how long it takes to start planning your financial future. The TSP even has a video to try to make the learning curve extra smooth. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, filled in Francis Rose on In Depth.

Friday - 04/04/2014, 04:33pm EDT
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A GS-15 walks into a bar: The bartender says why the long face?

When it comes to pay at the top of the civil-service rungs, all men and women are not created, or at least treated, the same, Senior Correspondent Mike Causey says. Bosses in Houston make more than their counterparts in D.C. Who, in turn, out-earn their colleagues in Cincinnati.

Friday - 04/04/2014, 05:00am EDT

The End Is Near ... again

A wise IRS employee, who is also a movie buff and student of life in government, says that every federal employee should see the classic film, Casablanca. The one where the police chief tells his men, with a wink and a nod, to round up the usual suspects. Seeing the movie should calm down some people who are currently very nervous in the civil service, Senior Correspondent Mike Causey says.

Thursday - 04/03/2014, 02:00am EDT

What's going on on Capitol Hill?

NARFE Legislative Director Jessica Klement will give us an update on pending legislation affecting federal workers and retirees.
April 2, 2014

Wednesday - 04/02/2014, 05:33pm EDT
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Civil-service reform needs more than 'Band-Aid approach,' experts argue

A legislative attempt to reform the aging federal personnel system will face a difficult path in Congress even if it's able to muster the support of key stakeholders, including the White House and federal-employee unions. Experts discussed proposed reforms to the civil-service system outlined in a new report published Tuesday by the Partnership and Booz Allen Hamilton.

Wednesday - 04/02/2014, 05:13pm EDT

Ron Sanders, Vice President, Booz Allen Hamilton

Today's General Schedule system is a "relic of a bygone era," according to a new report from the Partnership for Public Service and Booz Allen Hamilton. It says the government needs to be more attuned to the private sector. At least one federal union is criticizing the plan. Ron Sanders, vice president of Booz Allen Hamilton, discussed the details of the report with Federal Drive hosts Tom Temin and Emily Kopp.

Wednesday - 04/02/2014, 04:31pm EDT
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How to fix the General Schedule to meet the needs of the 21st century workforce

The General Schedule was designed for a federal workforce that no longer exists, says former DHS CHCO Jeff Neal. But there are ways to fix it.

Wednesday - 04/02/2014, 05:17am EDT

Election-year politics, pay raises & health plans

Is your 2015 pay raise going to be 1 percent or 3.3 percent? Are federal workers going to stay in their own health plans or will they be forced to move into one of the exchanges set up by the Affordable Care Act? Read Senior Correspondent Mike Causey's column for more.

Wednesday - 04/02/2014, 02:00am EDT

Report calls for broad overhaul of federal personnel, pay systems

A new report from the Partnership for Public Service and Booz Allen Hamilton calls for essentially throwing out the 65-year-old General Schedule system, comprised of 15 separate grade levels, and replacing it with five broad work levels. The report also calls for changes to the way federal pay is calculated and recommends setting up a governmentwide pay-for-performance process.

Tuesday - 04/01/2014, 06:07pm EDT

VA reduces disability claims backlog by 44 percent

The Veterans Affairs Department reduced the number of pending disability claims by 267,000 over the last year. Veterans are also waiting 119 days less than they did a year ago for their claims to be processed.

Tuesday - 04/01/2014, 02:56pm EDT

TSP performance mixed in March

With gains on Wall Street hitting some headwinds in March, the performance of funds in the Thrift Savings Plan last month lagged behind February's advances. Three of the TSP's five regular funds ended the month in negative territory.

Tuesday - 04/01/2014, 01:34pm EDT

House budget seeks to up feds' retirement contributions

The budget blueprint unveiled by Rep. Paul Ryan (R-Wis.) Tuesday includes a handful of proposals affecting the federal workforce that Ryan and House Republicans have championed in the past. Among them, the recommendation that federal employees contribute more of their salary toward their pensions and a proposal to shrink the federal workforce by 10 percent through attrition.

Tuesday - 04/01/2014, 12:54pm EDT

Rush hour or sleep late? Your call!

The way things are going, a lot of long-time feds are doing the math to see how much longer they can afford to work. So do you keep fighting rush-hour traffic or give yourself the option to sleep late? Follow the money, Senior Correspondent Mike Causey says.

Tuesday - 04/01/2014, 02:00am EDT

Taxes: Pay them now or pay them later

Where and how you watch the Superbowl or Dancing With the Stars may depend on when and if you pay your taxes, Senior Correspondent Mike Causey says. So how can a Roth TSP help you, maybe, make a million tax-free dollars?

Monday - 03/31/2014, 02:00am EDT
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