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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

Wednesday - 04/24/2013, 02:00am EDT

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

Wednesday - 04/17/2013, 06:52pm EDT
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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 ,

Wednesday - 04/17/2013, 02:34pm EDT

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

Tuesday - 04/16/2013, 05:34pm EDT

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

Thursday - 04/11/2013, 02:00am EDT

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

Friday - 04/05/2013, 09:12am EDT

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

Monday - 12/17/2012, 02:00am EST

Fed groups pounce on Obama's COLA-cutting proposal

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.

Tags: Congress , John Boehner , Barack Obama , fiscal cliff , pay and benefits , benefits , retirement , COLA , Center for Budget and Policy Priorities

Tuesday - 12/18/2012, 05:10pm EST

Compromise hits highest/lowest incomes

In the fiscal-cliff talks, it now appears that both sides have blinked. Republicans appear willing to accept some higher taxes and Democrats seem to have agreed that Social Security's growing costs must be curtailed. Slightly and slowly. So how will the proposals affect you? Check out Senior Correspondent Mike Causey's column.

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

Wednesday - 12/19/2012, 02:00am EST
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