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If you are feeling paranoid, that is you are convinced that people in high places are out to get you, you can relax. You are not crazy. That's the good part. The bad part, says Senior Correspondent Mike Causey, is you are right to worry because your pay, pension and health insurance package are all on the chopping block. You need a scorecard to keep track, and we've got it.
NITP presenters Bob Braunstein and James Marshall will answer your questions about Social Security, the TSP, and other federal benefits programs.
May 23, 2011
Tags: pay and benefits , federal benefits , TSP , CSRS , FERCCA , Social Security , LTC , Medicare , Medicare part B , NITP , Bob Braunstein , James Marshall , Bob Leins , For Your Benefit , insurance , retirement
Host Debra Roth is joined by Federal News Radio's Mike Causey, NARFE Legislative Director Dan Adcock, and World at Work's Lenny Sanicola to talk about pending legislation in Congress that would change retirement benefits for federal workers.
May 20, 2011
Tags: pay and benefits , federal pay , federal retirement , TSP , Congress , Tim Geithner , debt ceiling , deficit reduction , deficit reduction commission , fiscal commission , Civil Service retirement and disability trust fund , CSRS , Debra Roth , Shaw, Bransford and Roth , Mike Causey , Your Turn , Dan Adcock , NARFE , Lenny Sanicola , World at Work , Fed Talk
Without action from Congress, the U.S. Postal Service will default on its obligations to future retirees' health care accounts. Next up are payments to employees and vendors, the postmaster general told Congress Tuesday.
The amount of money you must pay to your retirement fund could be going up. The 2012 budget proposal from House Republicans would require you to contribute 6 percent of your salaries. That's a jump of more than 5 percent.
Senior Correspondent Mike Causey has something to take your mind off the possibility of an extended pay freeze. Forget about that and concentrate on the highly-likely prospect of a 5 to 6 percent permanent pay cut.
Most federal investors are smart enough to be actively participating in the Thrift Savings Plan, but how much of their biweekly check should they earmark for the federal 401(k) plan? Senior Correspondent Mike Causey asked a pro and got some interesting answers.
Federal and military retirees have been on a no-calorie diet for the past two years. But they may be in line for a cost of living adjustment in January 2012. Senior Correspondent Mike Causey crunches the numbers.
Most individuals have a time period they consider the good old days...when kids were kids...people didn't lock their doors. But Mike Causey says that for many federal workers the good old days didn't last very long because they only included last weekend!
The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees' Retirement System. Republicans say USPS needed to do much more to "right-size" its costs and operations.
Tags: management , pay and benefits , Congress , USPS , Patrick Donahoe , Darrell Issa , Louis Giuliano , James Miller , American Postal Workers' Union , Dennis Ross , Ed Towns , Gerry Connolly , John Buckner