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Search Tags: benefits
When it comes to those annual cost-of-living adjustments, a growing number of federal workers and retirees actually get diet COLAs each January. And that would get worse -- and extend to all retirees under a White House plan that has strong congressional backing, Senior Correspondent Mike Causey says.
All Thrift Savings Plan funds continued to perform well in April. While only two funds reported higher return rates for the month compared to March, all funds posted positive returns.
In the latest proposals traded back and forth between the White House and Boehner, the President proposed changing the formula the Labor Department uses to measure inflation — which would reduce annual COLAs for Social Security beneficiaries, including federal and military retirees. Federal-employee unions and groups remain worried the COLA proposals are still very much on the table.
If Congress and the White House change the yardstick used to measure inflation, will retirees barely notice or will they have to go on a diet of Hamburger Helper and Ramen Noodles? Check out Senior Correspondent Mike Causey's column for more.
Muzaffar Chishti of the Migration Policy Institutes talks about the $18 billion the government is spending on immigration. Liz Gasster of the Business Roundtable weighs in on the need for comprehensive cybersecurity legislation. Ed Zurndorfer, register employee benefit consultant, discusses changes to the tax code.
Tags: Muzaffar Chishti , Migration Policy Institute , immigration , Liz Gasster , Business Roundtable , Cybersecurity , Cybersecurity Update , DoD , DoD Report , Ed Zurndorfer , tax code , Federal Drive
While most of us invest for the future, the majority of people chart their course by looking backward, Senior Correspondent Mike Causey says. So how's that working out for you?
Benefits expert and federal career specialist John Grobe, offers advice on how to get a job in the federal government.
December 26, 2012
Disabled federal workers with dependents would be among the hardest hit by proposed changes to federal workers' compensation benefits, according to an analysis by the Government Accountability Office. The Labor Department has proposed setting a uniform level of compensation — 70 percent of the pre-injury salary — regardless of dependents and further reducing benefits to 50 percent when employees reach retirement age. But in its report which simulated those proposed changes, GAO raised concerns about the effects on beneficiaries.
Arthur Stein, a financial planner and former federal manager, told The Federal Drive with Tom Temin and Emily Kopp Wednesday that FERS has been a boon for feds, both young and old.
Usually when people say the end is near, they are either kidding or wrong. But if you are in the federal health program or would like to join up the end is near. As in today. Still looking for the best deal? Check out Senior Correspondent Mike Causey's "best buy" shopping list, especially if you are married to another federal worker.