Search Tags:  chained CPI

Menu for retirees: Steak, to hamburger, to Alpo

Senior Correspondent Mike Causey wants to know: Would the new plan to revise future cost-of-living adjustments put federal and Social Security retirees on a more realistic (and healthy) steak-to-beans diet? Or would each non-raise get a little worse?

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

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Chained CPI, TSP, and the 2014 budget

Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers.
April 24, 2013

Tags: pay and benefits , Art Stein , TSP , budget 2014 , pay raise , Pensions , Federal Times , Stephen Losey , FEHBP , STOCK Act , Mike Causey , Your Turn

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Zen and your diet COLA

Senior Correspondent Mike Causey wants to know: If I chopped a couple of bucks off each of the future cost-of-living adjustments made to your federal retirement or Social Security benefits would you even notice? Or, would you pick up the fact that over time that is a lot of money that you will never see.

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

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Chained CPI, TSP, and the 2014 budget

Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers.
April 17, 2013

Tags: pay and benefits , Art Stein , TSP , budget 2014 , pay raise , Pensions , Federal Times , Stephen Losey , FEHBP , STOCK Act , Mike Causey , Your Turn

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Crunching your COLA numbers

Federal, military and Social Security retirees would receive smaller benefits in the future if the government switches to a new yardstick to measure inflation. How much would it cost you? Maybe more than you think, Senior Correspondent Mike Causey says.

Tags: Mike Causey , pay and benefits , retirement , workforce , COLA ,

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Fed employee group calculates lost benefits under chained CPI

President Barack Obama's proposal to change the way retirees' cost-of-living adjustments (COLAs) are calculated has drawn the ire of federal-employee groups and unions. The National Active and Retired Federal Employees Association (NARFE) has released a calculator designed to show retirees and policymakers how benefits would be reduced if the chained CPI were implemented.

Tags: NARFE , Joseph Beaudoin , workforce , pay and benefits , COLA , Jack Moore

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Obama budget: Spending cuts, higher smokers' taxes

Tags: budget , deficit , sequestration , Barack Obama , Congress , Social Security , COLAs

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Is your retirement check shrink-proof?

Senior Correspondent Mike Causey wants to know: Would you be willing to accept a slightly smaller retirement benefit if it would help get the country out of debt? What if future cost-of-living adjustments to your civil service benefit were reduced by a mere 0.3 percent each year?

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

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Changes to COLAs, retirement benefits included in Obama's 2014 budget

President Barack Obama is calling for the implementation of the "chained Consumer Price Index" to measure inflation. The change will reduce cost-of-living adjustments for retired federal employees and Social Security recipients. The 2014 budget is officially scheduled for release on Wednesday.

Tags: budget , 2014 budget , Barack Obama , Congress , COLA , retirement , Social Security

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Diet COLAs for everybody?

If you could pick any historical event to relive, it probably wouldn't be the maiden voyage of the Titanic — that didn't go well. And now, 100 years later, federal, military and Social Security retirees are just becoming aware of a political iceberg that could punch a hole in their future benefits, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , retirement , COLA , Congress , sequestration , NARFE

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