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Search Tags:  CSRS

Tax Cut Triggers In-House Civil War

Has the proposed social security tax cut triggered a civil war in your office? Senior Correspondent Mike Causey says in some locations there is a major rift between younger workers under the FERS system who would get the break and their older CSRS colleagues who won't get it.

Tags: pay and benefits , Mike Causey , FERS , Social Security , tax cuts

Tuesday - 12/14/2010, 04:00am EST

Pay Freeze & Pay Raise

How would you like a pay freeze and a two percent raise at the same time. Senior Correspondent Mike Causey says that's what may happen to a large chunk of the federal workforce.

Tags: pay and benefits , Mike Causey , Social Security , FERS

Friday - 12/10/2010, 04:00am EST

Pay, Pensions, Premiums Under the Knife

Friday is supposed to be a slow news day so we'll limit it to this: a 3 year pay freeze, 10 percent job cut, higher FEHBP premiums for retirees, lower benefits for future retirees and some other stuff. Interested? Check out Senior Correspondent Mike Causey's federal report.

Tags: pay and benefits , Mike Causey , pay freeze , hiring freeze , RIF , COLA , pay cut , FEHBP , FERS , National Commission on Fiscal Responsibility and R

Friday - 11/12/2010, 04:00am EST

Feds Only: a 3.125% CD

Do you remember the good old days of double-digit certificates of deposit? Senior Correspondent Mike Causey says that even in these lean times some long-time feds still have an exclusive investment option that beats the competition.

Tags: Mike Causey , Federal Report , pay and benefits , VCP , TSP

Wednesday - 10/13/2010, 04:00am EDT

CSRS feds enjoy unique benefits

You may be eligible for one of the best super-safe investment options around. It's called the Voluntary Contributions program and it is available only to federal and postal workers who are under the old Civil Service Retirement System, or the CSRS Offset retirement program. Details from Certified financial planner Arthur Stein.

Tags: Federal Drive , pay and benefits , Voluntary Contributions , Arthur Stein ,

Friday - 08/27/2010, 10:31am EDT
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Accidents Happen: CSRS vs. FERS

If you read yesterday's column you know there is a slim chance you might have been placed in the wrong federal retirement system. If so, Senior Correspondent Mike Causey has a way to make things right for yourself.

Tags: pay and benefits , FERS , FERCCA

Friday - 08/13/2010, 04:00am EDT

Postal Service finds $75B dollar overpayment

The Postal Service inspector general says the agency overpaid $75 billion into the Civil Service Retirement System from 1972 to 2009. Michael Thompson, Director of Capital Investments for the Postal Service Office of Inspector General, explains.

Tags: Federal Drive , Postal Service , USPS , Michael Thompson , inspector general , management , business model , Suzanne Kubota

Monday - 06/28/2010, 11:08am EDT
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Retirees Return to Government

If you are retired but want to come back into government there are two ways. One lets you keep your pension and your salary. The other limits pay but lets you build a bigger annuity. Senior Correspondent Mike Causey has the details.

Tags: pay and benefits , Mike Causey , rehire retirees , FERS , VERA , VSIP , Ed Zurndorfer , Neal Schiff , Allan Roth

Wednesday - 05/19/2010, 04:00am EDT

How to maximize your Social Security benefits

James Marshall, Federal Retirement Counselor and Instructor, discusses the issue for both CSRS and FERS employees.
May 17, 2010

Tags: pay and benefits , For Your Benefit , FERS , Social Security

Thursday - 05/13/2010, 04:54pm EDT
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Are You Under CSRS, FERS or WUD?

Are you under the CSRS retirement plan or the FERS program that replaced it or, like a growing number of feds, have you moved into the WUD system. Senior Correspondent Mike Causey says it's the fastest growing pension plan in the nation.

Tags: P&B , Mike Causey , FERS , WUD

Tuesday - 04/06/2010, 04:00am EDT
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