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Search Tags: Dave Snell
Not that long ago, the Office of Personnel Management faced a crisis in processing retirement claims. In part two of our special report, "Retirement Conundrum," Federal News Radio examines how OPM set out to beat its backlog, and how it can stay ahead of an unexpected surge in claims amid automatic budget cuts that threaten to derail progress.
A federal retirement tsunami has been predicted for years but never quite materialized. In our special report, "Retirement Conundrum," Federal News Radio reexamines the trends and developments that led to the botched predictions and what it means today with a recent uptick in retirements reviving old worries.
On this week's show, Senior Correspondent Mike Causey talks with Jessica Klement from the Federal Managers Association and Dave Snell and Dan Adcock of the National Active and Retired Federal Employees Association (NARFE).
Federal workers are rolling outside money into their Thrift Savings Plan at a record pace, says Senior Correspondent Mike Causey, and that includes 75 people who now have million dollar balances.