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Layoffs, furloughs ... Take a deep breath

The end is near. We are only a few weeks away from sequestration and going over the fiscal cliff. So is there any hope? If history repeats itself, the short answer may be yes. Or at least maybe, Senior Correspondent Mike Causey says.

Tags: Mike Causey , pay and benefits , budget , Congress ,

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Federal retirements continue to exceed expectations

For three months in a row, the number of federal retirements has exceeded what the Office of Personnel Management projected. OPM estimated it would receive 7,000 retirement claims in September. The actual number of claims the personnel agency received was 11,952.

Tags: OPM , retirement , workforce , Jolie Lee , pay and benefits

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Job jitters

Worried about Congress changing your retirement benefits? If so, that should be the least of your worries, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , workforce , Congress ,

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FSAs to shrink under new health care law in 2013

Bob Leins and Tammy Flanagan discuss the "best of" subjects brought up during recent seminars.

Tags: For Your Benefit , Bob Leins , Tammy Flanagan , Pay & Benefits , retirement , survivor benefits , FSA , flexible spending accounts , TSP

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Feds with phobias

If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , Congress , workforce ,

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The creature that ate your pension

If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.

Tags: pay and benefits , Mike Causey , Federal Report , workforce , retirement , Congress , House , Senate

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Are you better off now than you were two years ago?

Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.

Tags: workforce , pay and benefits , retirement , Mike Causey , Federal Report , Congress , COLA , pay freeze , FERS , CSRS

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OPM calculator helps project retirement savings

Not sure about how much you need to save for retirement? A new online tool from the Office of Personnel Management helps feds figure out how to plan and includes projections for annuities and Thrift Savings Plan benefits.

Tags: OPM , retirement , Federal Ballpark E$timate , technology , TSP ,

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Diet pensions on the menu?

While many federal workers are worried about their future retirement benefits, some experts say that a possible change in pension rules wouldn't be that big a deal, Senior Correspondent Mike Causey reports ... or would it?

Tags: Mike Causey , Federal Report , pay and benefits , pay , benefits , retirement ,

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The Biggest Loser — fed version

Many times in life we are faced with options — sometimes a variety — and none of them are good. That's definitely true for current and retired federal government workers, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , pay , benefits , FERS , CSRS , FERS supplement , Congress , retirement , budget

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