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Custer's last stand and your retirement

Why is your decision to retire someday, or take a buyout right away, something like the problem Gen. Custer faced during the Battle of the Little Big Horn? Senior Correspondent Mike Causey explains.

Tags: OPM , retirement , retirement backlog , pay and benefits , Mike Causey , federal report

Thursday - 01/19/2012, 02:00am EST

Feds on the road to nowhere

Congress is taking a new road, literally, in its drive to trim federal retirement benefits and force civil servants to kick in more to their pension plan, Senior Correspondent Mike Causey says. This time its the so-called highway bill ...

Tags: pay and benefits , retirement , Mike Causey , federal report , Congress , House , Senate

Friday - 02/10/2012, 02:00am EST
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Life in the bullseye. So, what's next?

After 18 months of inactivity and extended vacation, Congress exhibited a blinding burst of speed last week before it left on yet another vacation. The bad news is that the action it took was aimed at future federal workers and you, well into your career, may be next, Senior Correspondent Mike Causey says.

Tags: retirement , pay and benefits , Mike Causey , federal report , Congress

Tuesday - 02/21/2012, 02:00am EST

Companies stick agencies with retirement bill

Tom Schatz, president of Citizens Against Government Waste, says the government is paying for private employees' retirements has been a legitimate business expense for years under cost-accounting standards.

Tags: Tom Schatz , Citizens Against Government Waste , Federal Drive , retirement , watchdog , Pay and Benifits , DoE

Tuesday - 02/21/2012, 12:30pm EST
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Are you in the Buyout Zone?

The IRS is the latest agency to join the 2012 buyout parade. Employees in other agencies should study it because it may be the model for similar buyouts governmentwide, Senior Correspondent Mike Causey says.

Tags: pay and benefts , retirement , workforce , Mike Causey , buyouts , early retirements , VERA , VSIP

Tuesday - 02/28/2012, 02:00am EST

Buyout barrage: Mixed blessing?

Buyouts are popping up all over the government. And even if you are not in the market, they may have an impact on your job, your promotion potential and, if you are planning to retire anyhow, how quickly you get your first full annuity payment, Senior Correspondent Mike Causey says.

Tags: Mike Causey , federal report , pay and benefits , buyouts , early retirements , workforce

Monday - 03/05/2012, 02:00am EST

When timing is (just about) everything

A prominent retirement planner said in an ideal world, the last check you write will bounce. Meaning you got the most for your money. The problem is knowing when that day will come, and managing your finances accordingly, Senior Correspondent Mike Causey says. So what to do ... ?

Tags: Mike Causey , federal report , workforce , pay and benefits , retirement

Wednesday - 03/28/2012, 02:00am EDT

Fortunate feds: Job stability, retirement and health benefits

Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.

Tags: Mike Causey , federal report , pay and benefits , pay , retirement , TSP , workforce

Monday - 07/02/2012, 02:00am EDT

USPS overpays pension obligations by $13.1B, report says

A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.

Tags: USPS , retirement , FERS , CSRS , Federal Drive , Michael OConnell , inspector general

Tuesday - 06/26/2012, 07:15am EDT

Old job-related nightmares resurface

Which occupational group has the worst nightmares: alligator wrestlers or federal workers? Thw answer might surprise you, Senior Correspondent Mike Causey says.

Tags: Mike Causey , federal report , pay and benefits , retirement , workforce

Tuesday - 06/19/2012, 02:00am EDT
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