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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 , chained CPI , TSP , budget 2014 , pensions , Federal Times , Stephen Losey , FEHBP , STOCK Act , Mike Causey , Your Turn

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

DoD's 2014 budget: Fewer civilians, higher retiree health fees

The Defense Department's 2014 budget proposal reduces the size of the civilian workforce slightly, increases TRICARE premiums, and requests another round of base closures. It also calls for a slight raise for both civilian employees and uniformed servicemembers. The budget significantly exceeds the Defense spending caps in current law.

Tags: DoD , budget , 2014 budget , TRICARE , retirement

Wednesday - 04/10/2013, 12:52pm EDT

Obama to propose 1 percent pay increase in 2014 budget

President Barack Obama will recommend a 1 percent pay increase for federal employees in his fiscal 2014 budget request, according to federal-employee unions. The pay increase will apply to both civilian federal workers and military members. The White House is expected to release its full budget request next month.

Tags: pay and benefits , pay , Barack Obama , pay freeze , NTEU , Colleen Kelley

Friday - 02/08/2013, 08:34pm EST

House bill blocks pay increase for feds

Rep. Ron DeSantis (R-Fla.) introduced a bill that would block a 0.5 percent pay raise for federal workers slated to go into effect March 27. In an executive order issued late last month, President Barack Obama mandated a 0.5 percent pay increase.

Tags: House , Congress , House Oversight and Government Reform Committee , Ron DeSantis , Darrell Issa

Wednesday - 01/16/2013, 04:15pm EST

Take this raise and store it

Senior Correspondent Mike Causey ponders whether the prospect of a March pay raise - after two years in the deep freeze - makes you giddy with excitement. Have you already started planning on what you will do with that extra dollar a day?

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

Monday - 01/07/2013, 02:00am EST

Pay freeze/pay cut/tax hike - then it gets worse!

Looking for something to take your mind off the pending pay freeze extension? If so, consider the prospect of higher taxes, lower take-home pay and higher health insurance premiums, Senior Correspondent Mike Causey says.

Tags: Mike Causey , Federal Report , pay and benefits , pay , pay freeze , Social Security supplement , within-grade increases

Friday - 09/14/2012, 02:00am EDT

Fed pay raise on hold until after continuing resolution expires

President Barack Obama told congressional leaders Tuesday that he was implementing a 0.5 percent pay increase for federal employees that would go into effect next April. Congress is expected to pass a Continuing Resolution when it returns to Washington in September to avoid an Oct. 1 government shutdown. Obama extended the pay freeze through the duration of that CR.

Tags: President Barack Obama , pay and benefits , pay , pay freeze , Congress , AFGE , J. David Cox , Federal Drive , Michael OConnell , Colleen Kelley , NTEU

Wednesday - 08/22/2012, 06:56am EDT

You've got friends in high places, seriously ...

Do you have the feeling that all politicians hate you? Are you disappointed that the proposed federal pay raise will bring the average worker less than $400 a year? There may be light at the tunnel, Senior Correspondent Mike Causey says whether its sunshine or a freight train is yet to be determined.

Tags: Mike Causey , Federal Report , pay and benefits , pay freeze , Congress

Wednesday - 01/11/2012, 02:00am EST

House committee remains mum on federal pay raises

The Financial Services and General Government spending bill seeks to cut $2 billion from the president's request. The bill says nothing about granting feds a pay raise in 2013. The House committee follows the lead of Senate appropriators, which also remained silent on the issue.

Tags: budget , management , pay and benefits , OMB , SEC , IRS , GSA , House Appropriations Committee , Senate Appropriations Committee , Congress , Jo Ann Emerson , Norman Dicks , Ruben Gomez ,

Thursday - 06/21/2012, 05:43am EDT

Retiring - the only way to get ahead?

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.

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

Friday - 04/06/2012, 02:00am EDT
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