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Pay and Benefits News

Piece-of-cake advice for million-dollar nest egg: Just buy low and sell high!

Turning your Thrift Savings Plan into a million-dollar nest egg is simple enough. Invest as much as you can to get the government match and then be sure to buy low (when the market has hit bottom) and be prepared to sell high (when it's peaked). How do you do that? Read Senior Correspondent Mike Causey's Federal Report for more.

Wednesday - 01/09/2013, 08:37am EST

Life after retirement, sex after marriage?

Since the dawn of civilization, mankind (and womankind too) has been vexed by two burning questions: Is there sex after marriage and is their life after retirement? For the correct answer check out Senior Correspondent Mike Causey's Federal Report today.

Tuesday - 01/08/2013, 09:45am EST

The TSP in 2013

Bob Leins and Tammy Flanagan host a round table discussion of the Thrift Savings Plan and what's ahead for the TSP this year.
January 7, 2013

Monday - 01/07/2013, 10:29pm EST
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Take this raise and store it

Senior Correspondent Mike Causey ponders whether the prospect of a March pay raise - after two years in the deep freeze - makes you giddy with excitement. Have you already started planning on what you will do with that extra dollar a day?

Monday - 01/07/2013, 06:33am EST

Survivor's checklist

It's the first Friday of the new year, so how are you holding up? Senior Correspondent Mike Causey wants to know: Did you take a break and did it work out or break you? Are you happy we didn't go over the fiscal cliff? If you took time out during the holidays, what were your fellow feds saying about life, their jobs and what's next?

Friday - 01/04/2013, 04:12am EST

2013 - so far, so good...

Tired of those 2012 year-in-review reviews? So are we. Which is why Senior Correspondent Mike Causey has done a condensed year-in-review for 2013. Best part. It doesn't take a long time to read it.

Thursday - 01/03/2013, 11:35am EST

'Fiscal cliff' deal restores mass-transit subsidy

The bill to avert the "fiscal cliff" reinstates parity between the parking and mass-transit subsidies. The mass-transit subsidy was reduced in 2011 to $125 even as a similar subsidy for parking benefits was increased to $240 a month.

Thursday - 01/03/2013, 04:49am EST

TSP closes out 2012 with strong showing

The Thrift Savings Plan closed out 2012 with strong showings by nearly all the funds both for the month of December and the year. The C, S and the I Funds posted the largest gains last year.

Thursday - 01/03/2013, 04:23am EST

Sequester delayed for two months; pay freeze extension still possible

Rep. Michael Fitzpatrick introduced a bill to extend the pay freeze for federal workers for all of fiscal 2013. The Senate still must pass the bill.

Wednesday - 02/13/2013, 02:42pm EST

The best date to retire and more

Host Mike Causey is joined by Bob Leins and Tammy Flanagan, hosts of Federal News Radio's For Your Benefit program. They will talk about how you can plan your retirement to maximize your benefits.
January 2, 2013

Friday - 01/04/2013, 03:59pm EST
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Tips on how to land a federal job

Benefits expert and federal career specialist John Grobe, offers advice on how to get a job in the federal government.
December 26, 2012

Wednesday - 12/26/2012, 11:06pm EST
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Worry, Yes. Panic, Not So Much...

For years, politicians from both parties have threatened to trim federal benefits, like retirement and health insurance, but nothing has happened. In today's guest column, Senior Correspondent Mike Causey asks benefits expert John Grobe to talk about the history and future of federal benefits.

Wednesday - 12/26/2012, 02:30am EST

Monday holiday rumor accurate - up to a point!

The Thursday morning news seemed too good to be true, Senior Correspondent Mike Causey says. A major D.C. newspaper was reporting that federal workers would get Monday Dec. 24, the day before Christmas, off. The word spread quickly until people read the fine print. And the name of the president.

Friday - 12/21/2012, 01:09pm EST

House OKs federal pension hike as part of fiscal-cliff alternative

The House approved a bill Thursday requiring federal employees to contribute more toward their retirement as part of a broader deal to avert the the so-called fiscal cliff. The 2012 Spending Reduction Act is nearly identical to a measure passed by the House last spring.

Wednesday - 02/13/2013, 02:47pm EST

New retiree diet: 99 ways to serve Hamburger Helper

If Congress and the White House change the yardstick used to measure inflation, will retirees barely notice or will they have to go on a diet of Hamburger Helper and Ramen Noodles? Check out Senior Correspondent Mike Causey's column for more.

Wednesday - 02/13/2013, 02:52pm EST

Fiscal cliff, sequestration and more

Federal Times senior writers Sean Reilly and Stephen Losey will update us on sequestration, buyouts, and the big issues affecting federal workers in 2013.
December 19, 2012

Wednesday - 12/19/2012, 06:16pm EST
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Obama Social Security offer at odds with top Dems

President Barack Obama's offer to limit the growth of Social Security benefits would cost the average retiree less than $50 in the first year. But the cuts would grow over time, and that has advocates for seniors worried that Democrats in Congress will break their promise to shield the massive retirement and disability program from cuts in deficit reduction talks.

Wednesday - 02/13/2013, 02:52pm EST

Compromise hits highest/lowest incomes

In the fiscal-cliff talks, it now appears that both sides have blinked. Republicans appear willing to accept some higher taxes and Democrats seem to have agreed that Social Security's growing costs must be curtailed. Slightly and slowly. So how will the proposals affect you? Check out Senior Correspondent Mike Causey's column.

Friday - 02/15/2013, 03:51pm EST

Fed groups pounce on Obama's COLA-cutting proposal

In the latest proposals traded back and forth between the White House and Boehner, the President proposed changing the formula the Labor Department uses to measure inflation — which would reduce annual COLAs for Social Security beneficiaries, including federal and military retirees. Federal-employee unions and groups remain worried the COLA proposals are still very much on the table.

Friday - 02/15/2013, 03:51pm EST

Pay, bonus holiday, retirement: Scrooged again?

If Congress and the White House cut a last-minute deal to avoid sequestration and the fiscal cliff, some of the compromise may come out of your hide, whether you are active or retired, Senior Correspondent Mike Causey says.

Friday - 02/15/2013, 03:54pm EST
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