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10:11 am, September 17, 2014

Retirement News

What's ahead for feds in 2014?

Federal Times writers Andy Medici and Sean Reilly and NARFE legislative director Jessica Klement will talk about some of the issues affecting feds in 2014.
February 26, 2014

Wednesday - 02/26/2014, 05:48pm EST
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What happens when you order steak and get Spam cutlets?

When you are expecting a big expensive wedding cake and somebody brings you a single Twinkie it can strain the relationship. That's sort of the situation today between federal and postal unions and the White House, Senior Correspondent Mike Causey says.

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

More agencies turn to targeted buyouts, early retirements

While the latest rounds of buyouts and early retirements span agencies as diverse as the Naval Sea Systems Command and the Interior Department's Bureau of Land Management, one thing many of them have in common is the targeted nature of the offers. In many instances, agencies are targeting offers to employees in specific job areas or agency locations.

Tuesday - 02/25/2014, 05:07pm EST

The monster under your bed is real!

Was there a monster under your bed when you were a kid? Did demons lurk in your closet waiting for lights out? Well they may be gone, but now as an adult civil servant there's a real terror lurking out there, Senior Correspondent Mike Causey says.

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

What's on your mind?

The NITP's Bob Leins and Tammy Flanagan answer your retirement and financial planning questions.
February 24, 2014

Monday - 02/24/2014, 07:05pm EST
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TSP board considers rebranding Lifecycle Funds

The Federal Retirement Thrift Investment Board is eyeing another potential tweak to the Thrift Savings Plan's Lifecycle Funds their name. Lifecycle Funds, also known as L Funds or target-date funds, are made up of a mix of the five core TSP funds that shifts over time. But board members are concerned the "fund" label may be confusing to TSP participants. In its place, the board is considering changing the name to "Lifecycle strategies."

Monday - 02/24/2014, 03:38pm EST

A $48K hit to your retirement? Pray For Gridlock!

Could political gridlock save you up to $48,000 in retirement? It could if it blocks a politically explosive plan to trim future cost-of-living adjustments for retirees, Senior Correspondent Mike Causey says.

Friday - 02/21/2014, 01:35pm EST

Obama dumping chained CPI, which feds, employee groups strongly opposed

Today's announcement that President Barack Obama would not be including a proposal to calculate cost-of-living changes to federal retirement rates in his 2015 budget should be welcome news to federal employees, legislators and federal-employee support groups who opposed it.

Thursday - 02/20/2014, 02:46pm EST

Officials: Obama drops budget cost-of-living trims

APNewsBreak: Obama budget to drop past offer to trim cost-of-living hikes in federal benefits

Thursday - 02/20/2014, 02:30pm EST

House Dems, employee groups want Obama to chuck chained CPI

More than 100 members of the House and a dozen outside groups have signed on to a letter to President Barack Obama from Rep. Allyson Schwartz (D-Pa.) requesting that the upcoming White House budget not include a proposal to alter the way retirees' cost-of-living adjustments are calculated. The National Active and Retired Federal Employees Association, the American Federation of Government Employees and the Military Officers Association of American have signed on in support of the letter.

Wednesday - 02/19/2014, 02:58pm EST

Whom can you trust?

Marc Levine, of Handler and Levine LLC, offers advice on how to choose your trustees, powers of attorneys and executors.
February 17, 2014

Monday - 02/17/2014, 09:24pm EST
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Buyouts: From off-the-rack to tailor made

Now that early-outs and buyouts are popping up in various agencies, the obvious question, for younger and older workers is: What's in it for me? Unlike the one-size fits all buyouts of the 1990s, the new version is tailor-made to individual groups, grades and regions, Senior Correspondent Mike Causey says.

Friday - 02/14/2014, 02:00am EST

What are you doing the rest of your life?

Suppose for the next 20 to 30 years, you have to spend 24/7 with your spouse or significant other. Can you handle it? Can he or she? With some planning it might not be too bad, Senior Correspondent Mike Causey says.

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

Is this your up-or-out year?

Senior Correspondent Mike Causey wants to know: Is 2014 going to be your up-or-out year? Are you looking at retirement or prepping for a promotion?

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

Climate change shrinks buyouts

Remember the good old days when agencies were offering early retirement and $25,000 have-a-nice-life buyouts? Well, it appears that the combination of buyouts and early outs is another victim of climate change, Senior Correspondent Mike Causey says.

Monday - 02/10/2014, 02:00am EST

How's your escape planning going?

Does your federal retirement plan involve leaving at the earliest possible date, or having your funeral at the office? Whatever your plan -- retire or expire -- you are not alone, Senior Correspondent Mike Causey says.

Friday - 02/07/2014, 02:00am EST

Retire or expire: What's your plan?

When it comes to career planning, do you have a target date for retirement, or are you going to work until you drop? One in three feds could retire now, Senior Correspondent Mike Causey says. So why aren't they?

Thursday - 02/06/2014, 02:00am EST

Professional liability insurance and more

Host Mike Causey will talk professional liability insurance with attorneys John P. Mahoney and David Cavanaugh. Later Andy Medici will discuss potential buyouts at the Social Security Administration and the Environmental Protection Agency.
February 5, 2014

Wednesday - 02/05/2014, 08:40pm EST
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2014 Buyout and Early Retirement Guide

Track which agencies are offering early retirement incentives and buyout offers in 2014.

Wednesday - 02/05/2014, 03:12pm EST

Pace of federal retirements slows at start of 2014

The number of federal employees filing for retirement in January swelled to more than 17,000, according to new data from the Office of Personnel Management. But that's actually about 2,600 fewer than expected. In fact, this past month marked the first time in at least two years that the number of federal workers filing for retirement in January fell below 20,000 claims.

Wednesday - 02/05/2014, 11:18am EST
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