12:20 pm, May 18, 2013
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Pay and Benefits News

The end is near, seriously!

Not to put a damper on things but you have less than two weeks to pick your health plan and less than a month until the end of the world. We can help you big time with the first deadline, but when it comes to the Mayan calendar warnings, you are on your own, Senior Correspondent Mike Causey says.

Wednesday - 11/28/2012, 07:07am EST

Feds with families hardest hit by proposed changes to workers' comp

Disabled federal workers with dependents would be among the hardest hit by proposed changes to federal workers' compensation benefits, according to an analysis by the Government Accountability Office. The Labor Department has proposed setting a uniform level of compensation — 70 percent of the pre-injury salary — regardless of dependents and further reducing benefits to 50 percent when employees reach retirement age. But in its report which simulated those proposed changes, GAO raised concerns about the effects on beneficiaries.

Monday - 12/17/2012, 12:34pm EST

Jimmy Choo at Payless Shoes?

Wouldn't it be great if you could get Jimmy Choo shoes or Savile Row suits at Payless Shoes or Wal-Mart? The hitch is you can't, and it's a reality federal workers and retirees need to consider when picking their 2013 health plan, Senior Correspondent Mike Causey says.

Tuesday - 11/27/2012, 07:17am EST

Two's a couple, three's a family!

Whether your family consists of just a husband or you have 18 dependents, a family is a family as far as Uncle Sam is concerned. And that ticks off couples who resent paying the same health premiums as those charged a large family, Senior Correspondent Mike Causey says. Is that right?

Monday - 11/26/2012, 09:46am EST

Your other health plan option - failure

In inspirational movies, a heroic general often says things like, "failure is not an option." And that's silly, of course, because failure is always an option and that's especially true for millions of current and former federal workers - some of whom are sleepwalking their way through the health insurance hunting season, Senior Correspondent Mike Causey says.

Wednesday - 11/21/2012, 06:37am EST

Health insurance and the single life

When it comes to picking a federal health plan, two cannot live as cheaply as one - you want to be the Lone Ranger, Senior Correspondent Mike Causey says.

Tuesday - 11/20/2012, 11:26am EST

Health premiums - Some agencies provide missing link

What do the Office of Personnel Management, the General Services Administration and the Defense Intelligence Agency have in common? Although their missions are very different, they are among the 40-plus agencies that are shelling out time and money to make it easier for their employees to pick the best health plan for 2013.

Monday - 11/19/2012, 09:25am EST

US pension insurer runs record $34B deficit

The federal agency that insures pensions for more than 40 million Americans last year ran the widest deficit in its 38-year history.

Friday - 11/16/2012, 06:01pm EST

Locality pay, official time reports likely to rekindle federal pay debate

The Federal Salary Council will submit to the Federal Pay Agent in the coming weeks a recommendation to increase the number of localities that get special pay rates. OPM also will release the annual report on how much time federal employees spend on union activities during working hours. CHCO Council will also consider certification process for HR employees.

Thursday - 11/15/2012, 07:34am EST
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Layoffs, furloughs ... Take a deep breath

The end is near. We are only a few weeks away from sequestration and going over the fiscal cliff. So is there any hope? If history repeats itself, the short answer may be yes. Or at least maybe, Senior Correspondent Mike Causey says.

Thursday - 11/15/2012, 07:43am EST

Open season, Medicare part B, Petraeus, & sequestration

Federal health benefits expert Walton Francis will talk about FEHBP open season, and Federal Times reporter Sean Reilly will discuss sequestration and other issues affecting federal workers.
November 14, 2012

Wednesday - 11/14/2012, 04:11pm EST
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Pick a health plan: Monkey, goldfish or you?

There are several ways to select your 2013 federal health plan: You can do nothing, and stay where you are. You can let your pet chimp or clever goldfish make the selection. Or, you can do a little homework and save yourself $1,000 or more next year. It's your call, Senior Correspondent Mike Causey says.

Wednesday - 11/14/2012, 07:41am EST

Tips for Open Season 2013

Benefits consultants Walton Francis and Ed Zurndorfer offer top tips for federal employees considering a new health plan. Open Season runs from Nov. 12 to Dec. 10.

Tuesday - 11/13/2012, 06:40am EST
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Federal-employee, veterans groups assail proposal to limit COLAs

Federal-employee groups and veterans organizations say a legislative proposal that would result in lower cost-of-living adjustments for federal and Social Security retirees is a non-starter. Moving to a "Chained" Consumer Price Index method of calculating inflation would curtail future benefits for Social Security retirees, including federal employees and veterans, opponents of the proposal say.

Monday - 12/17/2012, 12:34pm EST

Medicare Part B and the presidential election

NARFE's David Snell joins host Mike Causey to talk about best health care buys for federal retirees. Sean Reilly from the Federal Times will discuss the presidential election and its impact on feds.
November 7, 2012

Wednesday - 11/07/2012, 06:27pm EST
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Open Season with FSAFEDS

Bart Turney from FSAFEDS discusses the benefits of flexible spending accounts.
November 5, 2012

Monday - 11/05/2012, 09:55pm EST
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Lifecycle Funds down as October TSP returns dip

After months of solid numbers, most of the funds in the Thrift Savings Plan posted negative returns in October, including all of the Lifecycle (L) Funds. The G, F and I Fund all posted slight gains.

Thursday - 11/01/2012, 04:40pm EDT

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, 06:06pm EDT
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TSP restarts transaction processing after Sandy

The Thrift Savings Plan starts processing transactions on Wednesday after the U.S. markets were closed for the past two days due to Post-tropical Cyclone Sandy.

Wednesday - 10/31/2012, 08:35am EDT

Feds can apply for disaster relief through FEEA

Federal employees who experience major loss during Post-tropical Cyclone Sandy can apply for a grant from the Federal Employee Education and Assistance Fund. FEEA also offers no-interest emergency loans of up to $1,000. Loans are repaid through the employees' payroll.

Wednesday - 10/31/2012, 11:16am EDT
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