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6:02 am, April 21, 2014

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Search Tags:  COLA

Crunching your COLA numbers

Federal, military and Social Security retirees would receive smaller benefits in the future if the government switches to a new yardstick to measure inflation. How much would it cost you? Maybe more than you think, Senior Correspondent Mike Causey says.

Tags: Mike Causey , pay and benefits , retirement , workforce , chained CPI

Wednesday - 04/17/2013, 02:34pm EDT

Fed employee group calculates lost benefits under chained CPI

President Barack Obama's proposal to change the way retirees' cost-of-living adjustments (COLAs) are calculated has drawn the ire of federal-employee groups and unions. The National Active and Retired Federal Employees Association (NARFE) has released a calculator designed to show retirees and policymakers how benefits would be reduced if the chained CPI were implemented.

Tags: NARFE , Joseph Beaudoin , workforce , pay and benefits , chained CPI , Jack Moore

Tuesday - 04/16/2013, 05:34pm EDT

Feds in Survivor Island mode

President Barack Obama wants to make federal service cool again. But his budget proposals, which would reduce future retirement benefits and force feds to pay more for them, has a lot of current civil servants hot under the collar, Senior Correspondent Mike Causey.

Tags: Mike Causey , Federal Report , pay and benefits , workforce , budget , 2014 budget , retirement

Friday - 04/12/2013, 02:00am EDT

President's 2014 budget includes pay increase, but retirement changes loom large

Federal employees would see a slight pay bump next year under President Barack Obama's proposed budget for 2014. But at the same time, the White House budget outline proposes sweeping changes to federal employees' retirement benefits, including reductions to annual cost-of-living increases for retirees.

Tags: budget , 2014 budget , pay and benefits , pay , Barack Obama , retirement ,

Wednesday - 04/10/2013, 01:43pm EDT

Changes to COLAs, retirement benefits included in Obama's 2014 budget

President Barack Obama is calling for the implementation of the "chained Consumer Price Index" to measure inflation. The change will reduce cost-of-living adjustments for retired federal employees and Social Security recipients. The 2014 budget is officially scheduled for release on Wednesday.

Tags: budget , 2014 budget , Barack Obama , Congress , chained CPI , retirement , Social Security

Friday - 04/05/2013, 09:12am EDT

Diet COLAs for everybody?

If you could pick any historical event to relive, it probably wouldn't be the maiden voyage of the Titanic that didn't go well. And now, 100 years later, federal, military and Social Security retirees are just becoming aware of a political iceberg that could punch a hole in their future benefits, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , retirement , chained CPI , Congress , sequestration , NARFE

Monday - 12/17/2012, 02:00am 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.

Tags: Congress , John Boehner , Barack Obama , fiscal cliff , pay and benefits , benefits , retirement , chained CPI , Center for Budget and Policy Priorities

Tuesday - 12/18/2012, 05:10pm 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.

Tags: Mike Causey , Federal Report , pay and benefits , Congress , retirement , chained CPI , sequestration

Wednesday - 12/19/2012, 02:00am 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.

Tags: Mike Causey , Federal Report , pay and benefits , benefits , retirement , chained CPI ,

Thursday - 12/20/2012, 02:00am EST

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.

Tags: Congress , budget , pay and benefits , chained CPI , NARFE , Bernie Sanders , retirement , Julie Tagen , Jack Moore

Friday - 11/09/2012, 08:49pm EST
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