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Search Tags: Social Security
Negotiations to renew a payroll tax cut for 160 million workers and jobless benefits for millions more kicked off on Capitol Hill on Tuesday, with both sides optimistic of an agreement despite last year's bitter battles over President Barack Obama's jobs proposals.
Julie Tagen, legislative director for the National Association of Active and Retired Federal Employees, told Federal News Radio that certain provisions in the bill would affect federal employees.
Inflation dropped last month but that won't have any impact on the 3.6 percent cost-of-living adjustment coming to retired feds in a couple of weeks. But some will get more than others.
Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss what federal employees and retirees need to know about the COLA increase.
Are you better off financially slogging it to work or sleeping in five days a week. Some people say that all things considered they would be better off as a retiree than as an office serf. So do the math, Senior Correspondent Mike Causey says.
Tammy Flanagan is the senior benefits director at the National Institute of Transition Planning.
The extension of the tax cuts signed into law recently by President Obama include a few money-savings for voters.