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6:40 am, April 18, 2014

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Search Tags:  retirement

Escaping the golden handcuffs

Several hundred thousand federal workers, from Defense to the IRS and OPM are still wearing golden handcuffs, which many are trying to shed. They include some of Uncle Sam's best, brightest and most experienced people, says Senior Correspondent Mike Causey.

Tags: FERS , CSRS , workforce , Mike Causey

Friday - 08/09/2013, 02:00am EDT

Retiring soon? Welcome to 'Mission Improbable'

Planning to retire someday? Before you sail off into the golden years, here are some tips from recently retired feds: Don't do it! Check out Senior Correspondent Mike Causey's Federal Report for more.

Tags: Your Turn , Mike Causey , Federal Report , workforce , pay and benefits ,

Wednesday - 08/07/2013, 02:00am EDT

Retirement backlog grows slightly in July

For the third month in a row, the Office of Personnel Management failed to meet its monthly goal for processing retirement claims. OPM's backlog now sits at 25,601 claims, up slightly from June. OPM blames its reduced processing power on the automatic, across-the-board budget cuts known as sequestration. To comply with the budget shortfalls, OPM was forced to suspend overtime for its employees in its Retirement Services division starting April 28.

Tags: OPM , backlog , Jack Moore

Monday - 08/05/2013, 12:52pm EDT

COLA? Maybe. Pay raise? Maybe not!

How can you tell the difference between a current government worker and a retired civil servant? One of them is smiling, Senior Correspondent Mike Causey says. Think about it, prices have gone up, taxes have gone up, health premiums have gone up -- but feds at the Pentagon, HUD, Interior and other agencies haven't had a raise in three years.

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

Monday - 08/05/2013, 02:00am EDT

Union wants rewrite of phased-retirement rules

The National Treasury Employees Union supports the general idea of phased retirement but has taken issue with some of the specifics set out by the Office of Personnel Management in its draft regulations. NTEU President Colleen Kelley says the rules, in their current form, require would-be phased retirees to have 20 years of experience, which could limit the number of employee eligible for the program. NTEU is also concerned about the lack of an appeals process for feds deemed ineligible for the option.

Tags: OPM , phased retirement , Colleen Kelley , workforce , Federal Drive , Tom Temin , Emily Kopp , Jack Moore

Monday - 08/05/2013, 05:03pm EDT
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Pension, health care changes key to Senate postal reform plan

The Senate postal reform bill calls on the Office of Personnel Management to change the way it calculates how much the U.S. Postal Service must pay into the Federal Employees Retirement System and the Civil Service Retirement System. The change could result in a $6 billion surplus for the debt-burdened USPS.

Tags: Tom Carper , Tom Coburn , USPS , Senate , Homeland Security and Governmental Affairs Committee , postal reform bill , Darrell Issa , Michael OConnell , workforce , pay and benefits

Friday - 08/02/2013, 08:19pm EDT

Financial risk planning: how to know your risk tolerance

Certifed financial planner Joe Sullender answers questions and emails about how to create a financial plan for your family.
July 29, 2013.

Tags: pay and benefits , financial planning , Joe Sullender , mutual funds , commodities , savings , stocks , bonds , financial risk , risk tolerance , investment advice , TSP , Wells Fargo , retirement planning , Bob Leins , NITP , For Your Benefit

Monday - 07/29/2013, 10:11pm EDT
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Special employment and retirement provisions

Bob Braunstein, a federal benefits specialist, explores the special retirement provisions for LEOs, FF, ATC and foreign assignments.

Tags: pay and benefits , Bob Braunstein , retirement benefits , Bob Leins , For Your Benefit

Thursday - 07/18/2013, 07:52pm EDT
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Your 'my Social Security'

Lester Austin, public affairs specialist for the Social Security Administration, answers your Social Security questions.
July 15, 2013

Tags: pay and benefits , Lester Austin , Social Security Administration , Social Security , retirement benefits , John Elliott , Bob Leins , For Your Benefit

Monday - 07/15/2013, 10:44pm EDT
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Labor's FECA benefits proposal gets push back from House

Members of the House have doubts about the Labor Department's proposal to set a uniform benefit rate for FECA beneficiaries. A GAO study found that such propositions will decrease benefits to injured workers with dependents. FECA benefits would also align more closely with Federal Employees Retirement System (FERS) benefits once injured workers reach retirement age.

Tags: workforce , pay and benefits , workers compensation , FECA , DoL , GAO , George Miller , Gary Steinberg , Andrew Sherrill , Scott Szymendera , Melissa Dawkins , House Education and the Workforce Committee

Thursday - 07/11/2013, 06:56pm EDT
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