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Search Tags: CSRS
House committee passes bill changing TSP, updating FERS
Is your cubicle at work likely to become your crypt, too? Are you a work-till-you-drop lifer? Seems that lots of feds are, but do you know what's keeping them on the job, Senior Correspondent Mike Causey ponders.
If you are under the old Civil Service Retirement System have we got a deal for you! Senior Correspondent Mike Causey says there's the equivalent of a government-backed certificate of deposit that is paying 3.875 percent.
Hosts Diana Veilleux and Kate Fulton will be joined by Tammy Flanagan, Senior Benefits Director of NITP, Inc., to discuss benefits and annuities under FERS and CSRS.
If you could find a certificate of deposit paying 3.875 percent in these times of low inflation you would jump on it, right? Well there is such a critter and Senior Correspondent Mike Causey says it's available only to a select group of long-time federal workers.
Many federal employees who leave the workforce with unused sick leave lose it, or some workers come down with the FERS flu, taking months of leave just before they retire, but two Virginia congressmen are looking to change that.
Losing the "use-it or lose-it" sick leave mindset.
Although most federal and postal unions supported President Barack Obama in the 2008 election, they are now asking Congress to protect them from a White House proposal to permanently trim take home pay, Senior Correspondent Mike Causey says.