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Jared Serbu, DoD Reporter, Federal News Radio

The Senate Armed Services Committee has voted to overhaul the military's compensation system, shifting it slightly away from a defined benefit structure. The committee would also add a government-matched investment plan similar to a 401k. As Federal News Radio's Jared Serbu reports, the vote puts both the House and Senate on the same page. But the White House is still studying the issue.

Tags: Jared Serbu , Federal Drive , Tom Temin , pay and benefits

Friday - 05/15/2015, 11:07am EDT

A look back at 2013 and some projections for 2014 with Mike Causey

Federal News Radio Senior Correspondent Mike Causey joins hosts Bob Leins and Tammy Flanagan to talk about the big issues affecting feds in 2013 and what's ahead in the new year.
January 6, 2014

Tags: pay and benefits , retirement , retirement benefits , Bob Leins , Tammy Flanagan , Mike Causey , Your Turn

Monday - 01/06/2014, 04:48pm EST

Top 3 for 2013 - Dov Zakheim on military retirement reform

Dov Zakheim, former undersecretary of defense (comptroller), says deficit-reduction negotiations are setting up a discussion about military retirement that could affect recruiting and retention.

Tags: Dov Zakheim , In Depth , Francis Rose , Top 3 for 2013 , DoD ,

Monday - 12/31/2012, 02:36pm EST

Military retirement costs are affordable, DoD says

Amid calls for military retirement reform, Pentagon officials say the system that's in place right now is not the main driver of the department's escalating personnel costs and is affordable . Their remarks Tuesday before a Congressional subcommittee run counter to a Defense Business Board report that suggested retirement costs may eventually crowd out warfighting capability.

Tags: DoD , Congress , House , House Armed Services Committee , pay and benefits , benefits , retirement , Defense Business Board , Steve Stobridge , Jo Ann Rooney , Vee Penrod , Austin Scott , Jared Serbu

Wednesday - 10/26/2011, 05:34am EDT