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3:00 pm, April 17, 2014

Pay and Benefits News

Bill calls for 'socially responsible' TSP fund

A new bill would allow federal employees to contribute toward their retirement by investing only in companies deemed socially responsible. The "Federal Employees Responsible Investment Act," introduced this week by Rep. Jim Langevin (D-R.I.) and Sen. Sheldon Whitehouse (D-R.I.), would require the Federal Retirement Thrift Investment Board to add a "Corporate Responsibility Index" to the existing five investment options available to federal employees.

Friday - 11/22/2013, 05:14pm EST

Bill would ensure blue-collar feds get 1 percent pay raise in January

A new bill introduced this week by Rep. Matt Cartwright (D-Pa.) would ensure blue-collar federal employees receive the same scheduled pay increase in January as General Schedule employees. White-collar GS employees are due to get a 1 percent pay raise in January, under a plan announced in August by President Barack Obama, who has authority to set GS pay levels. However, pay raises for wage-grade or hourly employees require separate legislation. With no action by Congress, pay for these employees would remain flat.

Friday - 11/22/2013, 11:11am EST

Feds shopping online on the job

Millions of federal workers are shopping online while they are at work. But don't get mad or hang your head in shame, Senior Correspondent Mike Causey says. This is a good thing that could save everybody -- especially the taxpayers -- a lot of money.

Friday - 11/22/2013, 02:00am EST

Where have all the buyouts gone?

Buyouts were a big deal over the last couple of years, but now they seem to have gone away, Senior Correspondent Mike Causey says. Or gone underground. Are you hearing anything about buyouts?

Thursday - 11/21/2013, 02:00am EST

Best buys during Open Season

Walton Francis, author of the Checkbook Guide to the Health Plan for Federal Employees, and NARFE's David Snell will answer your open season questions.
November 20, 2013 (Encore presentation November 27, 2013)

Wednesday - 11/20/2013, 05:36pm EST
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Survive Open Season and save a thousand bucks!

Do you have 3-1/2 minutes to invest in a project that could save you $1,000 to $2,000 next year? Check out Senior Correspondent Mike Causey's column for more.

Wednesday - 11/20/2013, 02:00am EST

The Newlywed Game -- federal-style

Trying to decide whether to formalize or end a relationship? If so, this is the perfect time to step back and consider your options, because your health and your finances could be at stake, Senior Correspondent Mike Causey says.

Tuesday - 11/19/2013, 02:00am EST

Open Season overview continues with Kaiser Permanente

John Patrick and Dr. Amy Banulis from Kaiser Permanente join host Bob Leins to discuss the company's health care plan.
November 18, 2013

Monday - 11/18/2013, 10:22pm EST
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Year-end retirees miss COLA boat

Planning to retire soon to cash in on that 1.5 percent cost-of-living adjustment? Good plan, except for one problem, Senior Correspondent Mike Causey says. The good ship USS COLA has sailed!

Monday - 11/18/2013, 02:00am EST

Senate proposal lops off FERS pensions for new hires

A new bill introduced by a trio of Republican senators would end the defined benefit portion of FERS coverage for new federal employees hired within six months of the bill's passage. Sponsors of the bill say the Public-Private Employee Retirement Parity Act would align federal retirement benefits more closely with those earned in the private sector.

Friday - 11/15/2013, 01:45pm EST

CBO: Congress could wring $300B in deficit savings from federal pay, pension changes

A new Congressional Budget Office analysis of proposed deficit-reduction efforts contained half a dozen proposals affecting federal employees, including reducing annual pay raises, requiring federal employees to contribute more toward their pensions and reducing the size of the federal workforce through attrition. All told, such proposals would reduce federal outlays or increase revenues by $308 billion, according to CBO estimates.

Friday - 11/15/2013, 12:30pm EST

The single life: Celebrating Open Season

Being single has its advantages. Especially when you are shopping for a health plan or a new doctor, Senior Correspondent Mike Causey says. So, just how good is the single life?

Thursday - 11/14/2013, 02:00am EST

Navigating through Open Season

Walton Francis, editor of the Consumers' Checkbook Guide to Federal Health Plans, will answer your calls and emails about open season.
November 13, 2013

Wednesday - 11/13/2013, 07:38pm EST
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Health insurance: Pay a little now or a lot later

You may be the healthiest person in the IRS or the most organic couple with the EPA, but that doesn't let you off the hook when it comes time to hunt for a health plan, Senior Correspondent Mike Causey says.

Wednesday - 11/13/2013, 02:00am EST

Bankruptcy insurance on sale now

Crushing medical bills are the leading cause of bankruptcy. But you can avoid that by choosing one of the many federal health plans, and picking one that limits your maximum out-of-pocket costs, Senior Correspondent Mike Causey says.

Tuesday - 11/12/2013, 02:00am EST

Open season with Walton Francis

Insurance expert and author Walton Francis will answer your calls and emails about open season.
November 11, 2013

Monday - 11/11/2013, 07:58pm EST
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Top 3 Tips for Open Season

Open Season, the time when federal employees and retirees can comb through more than 250 plans of the Federal Employees Health Benefits (FEHB) Program and make changes, kicks off today and runs through Dec. 9. Find some key pieces of information for the current Open Season and links to more information. Plus, benefits experts offer their three most important tips for Open Season.

Saturday - 11/09/2013, 12:18pm EST

Pay freeze, sequestration take bite out of employee satisfaction, OPM survey reveals

Frustrations over federal pay, budget cuts and uncertain agency funding have weakened federal-employee satisfaction, according to the Office of Personnel Management's Federal Employee Viewpoint survey released Friday. For the second year in a row, overall employee satisfaction scores fell, dipping below 60 percent this year. Meanwhile, less than half of federal employees said they believe they have sufficient resources such as material, staff and funding to do their jobs effectively.

Friday - 11/08/2013, 05:40pm EST

Fed groups: Pay and benefits should be off the table in budget talks

A coalition of more than two dozen federal-employee unions and advocacy groups is calling on budget negotiators to come up with a way to undo the across-the-board sequestration budget cuts that are poised to slash agency spending by billions more this year. But following three years of a pay freeze and the recent 16-day government shutdown, the groups are equally adamant that changes to federal employees' pay and benefits should be off the table.

Friday - 11/08/2013, 10:24am EST

Counting on a bonus? Don't count too high!

If Charles Dickens had written about the government's bonus program he might have called his novel "Bleak House," or maybe "Not So Great Expectations," Senior Correspondent Mike Causey says.

Friday - 11/08/2013, 02:00am EST
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