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Retirement News

TSP, pay freeze and agency cutbacks

Portions of last week's interview with TSP Executive Director Greg Long about the TSP hack attack will be re-aired this week. Also, Steve Watkins and Sean Reilly from the Federal Times join host Mike Causey to talk about the status of legislation pending in Congress that affects federal workers.
June 20, 2012

Wednesday - 06/20/2012, 05:22pm EDT
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Old job-related nightmares resurface

Which occupational group has the worst nightmares: alligator wrestlers or federal workers? Thw answer might surprise you, Senior Correspondent Mike Causey says.

Tuesday - 06/19/2012, 08:35am EDT

USPS offers work option to retired postmasters

Part-time work will be available to postmasters eligible for optional retirement and those under the current Voluntary Early Retirement offering. Participation will not affect annuity payments.

Tuesday - 06/19/2012, 07:04am EDT

New site makes retirement easier for Air Force civilians

The service launched a new portal to let civilian workers prepare for retirement, request a retirement estimate and acquire the necessary paperwork to pay a military or civilian deposit.

Friday - 06/15/2012, 05:05pm EDT

What's next for feds?

NARFE president Joseph Beaudoin and Federal Times reporters Stephen Losey and Sean Reilly join host Mike Causey to talk about a wide variety of issues affecting federal workers.
June 6, 2012

Wednesday - 06/06/2012, 08:29pm EDT
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OPM: Retirement claims tick up but still fewer than projected

Federal retirement claims rose last month but, for the second consecutive month, the Office of Personnel Management received fewer claims than it expected. OPM also made its monthly processing goals and continued to make progress cutting back a longstanding backlog of retirement claims.

Tuesday - 06/05/2012, 04:24pm EDT

TSP funds continue downward trend in May

Eight of the 10 Thrift Savings Plans posted negative numbers for the month of May, with the two funds posting positive numbers sliding slightly as well.

Monday - 06/04/2012, 03:54am EDT

TSP board assures accounts safe after cyber attack

In July 2011, a computer owned by TSP contractor Serco was accessed by an unauthorized party. The Federal Retirement Thrift Investment Board was notified of the attack by the FBI in April of this year.

Monday - 07/09/2012, 10:01am EDT

Senator questions delay in reporting TSP cyber breach

One senator is questioning why it took nine months for the Thrift Savings Plan board to find out about a sophisticated cyber attack that compromised 123,000 TSP participants' accounts. Sen. Susan Collins (R-Maine) also wants to know why Congress wasn't informed of the breach until more than a month after it was reported to the board.

Monday - 07/09/2012, 09:59am EDT

Covering your assets

Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012

Wednesday - 05/30/2012, 07:35pm EDT
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My HealtheVet - The Gateway to Veterans Health and Wellness

Tom Temin, of the Federal Drive, has an in depth discussion with the experts and users about the My HealtheVet program. He reviews the clinical applications of the new upgraded system and what that means for Veterans today and for the future.

Thursday - 05/31/2012, 02:21pm EDT
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Fed salaries, USPS, and more

Host Mike Causey will talk about several issues affecting federal workers with Bill Bransford, general counsel of the Senior Executives Association and Steve Watkins and Stephen Losey of the Federal Times.
May 23, 2012

Wednesday - 05/23/2012, 06:16pm EDT
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Women's health and legal issues examined

Attorney Anne Sullivan and Dr. Pat Mann join hosts Tammy Flanagan and Ann Vincent to answer your questions on a variety of subjects.
May 21, 2012

Monday - 05/21/2012, 05:37pm EDT
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Retirement and insurance

Joan Melanson from Long Term Care Partners and retirement benefits specialist James Marshall will talk about the retirement and insurance options that feds should consider.
May 18, 2012

Friday - 05/18/2012, 06:46pm EDT
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Roth TSP is NOT a Roth IRA!

Do you know the difference between a Roth IRA and the Roth TSP option? Because if you don't, it could cost you thousands of dollars in taxes and in future income when you retire, Senior Correspondent Mike Causey says.

Tuesday - 05/15/2012, 11:34am EDT

Bill automatically increases feds' TSP contributions

Sen. Daniel Akaka (D-Hawaii) introduced legislation Monday that would automatically increase new federal employees' contribution rate to their federal 401(k) style Thrift Savings Plan. the "Save More Tomorrow Act," would automatically escalate the contribution annually by 1 percent for the two years following enrollment. That gradually raises the contribution rate to 5 percent, making employees eligible for matching contributions from their agencies.

Monday - 05/14/2012, 08:10pm EDT

The A-Z of the TSP

Hosts Bob Leins and Tammy Flanagan discuss the Roth TSP with the Federal Retirement Thrift Investment Board's executive director, Greg Long, Director of External Affairs Kim Weaver and Assistant General Counsel Laurissa Stokes.
May 14, 2012

Saturday - 05/19/2012, 12:53pm EDT
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Uncle Sam tackles demon rum ... again!

Is Prohibition, which ended in 1933, coming back to federal offices? Will root-beer-based martinis be the new drink of choice of federal party-goers? Senior Correspondent Mike Causey wonders: Has it already started?

Monday - 05/14/2012, 06:18am EDT

The creature that ate your pension

If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.

Friday - 05/11/2012, 06:27am EDT

House OKs bill increasing feds' retirement contributions

The GOP-controlled House passed legislation Thursday requiring federal workers to contribute more toward their retirement. The Sequester Replacement Act of 2012 proposed gradually increasing federal employees' pension contributions by 5 percent over five years as an alternative to sequestration.

Thursday - 05/10/2012, 03:41pm EDT
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