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Search Tags: FERS
Federal and postal workers and retirees are under so many attacks that many of them don't know which of the threats is real and which is most serious. Senior Correspondent Mike Causey says a lot of people are worrying about something that probably won't happen while ignoring several bigger threats.
After Rep. Darrell Issa (R-Calif.) questioned the Postal Service's decision to stop paying to FERS, attorney Bill Bransford said Issa may be concerned that USPS is setting a precedent for subsidizing other financially unstable agencies.
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.
Sen. Barbara Mikulski (D-Md.) is asking the Treasury secretary to block efforts to increase the amount federal employees must contribute to their pensions.
FMA's Jessica Klement discusses the biggest legislative threat to federal employees' pensions.
June 1, 2011(Encore presentation June 29, 2011)
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.