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Couple navigates FERS-CSRS retirement divide

As part of the special series, FERS: 25 Years Later, Federal News Radio welcomed to its studios a retired federal couple, Neil Schiff and Linda Habenstreit who represent the federal retirement divide. When Schiff retired from the FBI's Office of Public Affairs, he was a FERS enrollee. His wife, a long-time public affairs specialist in the Agriculture Department's Foreign Agricultural Service, was covered by CSRS.

Tags: FERS , FERS: 25 Years Later , Neal Schiff , Linda Habenstreit , pay and benefits , retirement , Federal Drive

Thursday - 12/13/2012, 06:12pm EST
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25 years later, FERS still 'excellent' plan for feds

Arthur Stein, a financial planner and former federal manager, told The Federal Drive with Tom Temin and Emily Kopp Wednesday that FERS has been a boon for feds, both young and old.

Tags: Arthur Stein , FERS , FERS: 25 Years Later , retirement , benefits , Federal Drive , TSP , Roth TSP , Michael OConnell

Wednesday - 12/12/2012, 12:13pm EST
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FERS for dummies

The new Federal Employees Retirement System is suddenly not so new. It turned 25 this year. And next to Social Security, it is the dominant federal retirement program. So how did FERS happen, and why? Check out Senior Correspondent Mike Causey's column.

Tags: Mike Causey , pay and benefits , Federal Report , FERS: 25 Years Later , retirement ,

Wednesday - 12/12/2012, 02:54am EST

More feds doing life sentences

Although the number of retirement-eligible feds may be at an all-time high, government workers are holding on to their jobs. The retirement tidal wave first forecast in 1999 has yet to hit, Senior Correspondent Mike Causey says. So what's keeping you?

Tags: Mike Causey , Federal Report , TSP , pay and benefits , FERS , retirement , buyout

Thursday - 10/06/2011, 02:11am EDT

USPS overpays pension obligations by $13.1B, report says

A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.

Tags: USPS , retirement , benefits , FERS , Federal Drive , Michael OConnell , inspector general

Tuesday - 06/26/2012, 07:15am EDT

Retiring - the only way to get ahead?

Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.

Tags: pay and benefits , retirement , workforce , Mike Causey , Federal Report , FERS , COLA , pay raise

Friday - 04/06/2012, 02:00am EDT

Fed haven for mad money

If you have a stash of cash and you want to park it in one of the safest, most generous places around, where do you go? Tip: It isn't the Thrift Savings Plan, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , TSP , Voluntary Contributions , Tammy Flanagan

Wednesday - 04/04/2012, 02:00am EDT

Are you better off now than you were two years ago?

Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.

Tags: workforce , pay and benefits , retirement , Mike Causey , Federal Report , Congress , annuity , COLA , pay freeze , FERS ,

Monday - 04/02/2012, 02:00am EDT

Retirement and SES mobility

Host Mike Causey will talk federal retirement with the NITP's Tammy Flanagan. Senior Executives Association President Carol Bonosaro will talk about a new report that looks at the mobility of members of the Senior Executives Service.
March 28, 2012

Tags: pay and benefits , retirement , Tammy Flanagan , NITP , Voluntary Contribution Program , Senior Executives Assocation , Senior Executives Service , Carol Bonasaro , PPS , Your Turn with Mike Causey , Mike Causey

Wednesday - 03/28/2012, 09:28pm EDT
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When should you retire?

Tammy Flanagan, senior benefits director at the National Institute of Transition Planning joins host Mike Causey to talk about what you should do to plan for your retirement.
March 21, 2012

Tags: pay and benefits , retirement , Tammy Flanagan , NITP , Voluntary Contribution Program , Mike Causey , Your Turn with Mike Causey

Wednesday - 03/21/2012, 11:05pm EDT
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