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Search Tags: benefits
For federal workers traveling through the congressional tunnel: Is that light they see sunshine or an oncoming train wreck? Either way their journey isn't over by a long shot, Senior Correspondent Mike Causey says.
Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.
How would you like it if your Thrift Savings Plan withdrawals were tax-free? Well, get ready because the tax-free end-of-the-rainbow Roth option is coming to your optional retirement package, Senior Correspondent Mike Causey says.
Tom Trabucco, the director of external affairs at the Federal Retirement Thrift Investment Board, which oversees federal employees' TSP accounts, joined In Depth with Francis Rose to discuss some TSP tips for retiring feds.
The IRS has offered another, more targeted round of buyouts. The agency, however, plans to grant buyouts and early-outs to a limited number of employees — about 270 out of the 1,600 who are eligible, according to a staff email received by Federal News Radio. An IRS email said the targeted nature of the buyouts is different from previous offers and includes specific areas not covered before. The latest round of early-outs is the third set of offers in as many months.
The Obama administration says it's taking steps to fix a longstanding problem of improper payments to private health plans that serve 1 in 4 Medicare beneficiaries.
Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss recent proposals affecting federal employees' pay and benefits.
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.
Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.
Federal workers who have been paying attention to the various plans to have them finance unemployment benefits, highways and tax cuts must be confused, if not in a state of shock, Senior Correspondent Mike Causey says. Could it be that the only people who are happy are those who haven't been paying attention?