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12:13 pm, April 21, 2014

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Six Percent Pay Cut is Halfway Home

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.

Tags: pay and benefits , Mike Causey , retirement funding , CSRS

Friday - 05/13/2011, 04:00am EDT

For FERS Folks: the Money Decision

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.

Tags: pay and benefits , TSP , Mike Causey

Tuesday - 04/19/2011, 04:00am EDT

Tiny Bubbles are Back in the COLA

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.

Tags: pay and benefits , Mike Causey , COLA , CSRS ,

Monday - 04/18/2011, 04:00am EDT

The good old days for feds - both of them!

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!

Tags: shutdown , pay and benefits , Mike Causey , Federal Report , pay freeze , deficit reduction commission , COLA , CSRS ,

Thursday - 04/14/2011, 05:46pm EDT

USPS makes a case for debt relief

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

Wednesday - 04/06/2011, 07:46am EDT
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USPS makes a case for debt relief

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

Wednesday - 04/06/2011, 07:46am EDT

Destroying Government to Save It

Some members of Congress believe that the best way to improve government services is to break the spirit of people who work for government. Senior Correspondent Mike Causey says that's one way, but not necessarily the smart way, to do business.

Tags: pay and benefits , Mike Causey , high 3 , pay debate

Thursday - 03/24/2011, 04:00am EDT

USPS financial rescue may not stop 'death spiral'

Postmaster General Pat Donahoe said he's ready to announce more RIFs and without legislative help USPS will face insolvency this year. Sen. Susan Collins introduced a bill to help solve some of the challenges the Postal Services faces.

Tags: management , pay and benefits , Susan Collins , Stephen Lynch , Pat Donahoe , Darrell Issa , Dennis Ross , USPS , Senate Homeland Security and Governmental Affairs , House Oversight and Government Reform Committee , CSRS , budget , Jason Miller

Thursday - 03/03/2011, 07:00am EST
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USPS shrinks workforce, changes pension

Patrick Donahoe became the 73rd Postmaster General Friday, assuming control of the Postal Service in the midst of a fiscal crisis. Donahoe said USPS will reduce its workforce by another 7,500 people in 2011. Still, he's optimistic about the future. In the short term, however, the reality is that postal workers are likely to suffer while the agency tries to balance its books.

Tags: pay and benefits , management , pay freeze , USPS , retirement , CSRS , Patrick Donahoe , Tom Carper , POST Act , Meg Beasley

Monday - 01/17/2011, 07:03am EST
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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 , CSRS , Social Security , tax cuts

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