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President's 2014 budget includes pay increase, but retirement changes loom large

Federal employees would see a slight pay bump next year under President Barack Obama's proposed budget for 2014. But at the same time, the White House budget outline proposes sweeping changes to federal employees' retirement benefits, including reductions to annual cost-of-living increases for retirees.

Tags: budget , 2014 budget , pay and benefits , pay , Barack Obama , COLA

Wednesday - 04/10/2013, 01:43pm 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 , chained CPI ,

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 , chained CPI , COLA , Social Security

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

Leaner retirement in the works

In your golden retirement years, will you be dining on steak or Hamburger Helper? Some people say the latter may be on the menu thanks to a White house plan to trim future cost-of-living-adjustments for federal, military and Social Security retirees, Senior Correspondent Mike Causey says.

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

Tuesday - 04/09/2013, 02:00am EDT

Retirement twilight zone

Bob Leins hosts a roundtable discussion of some strange but true retirement planning stories.
April 8, 2013

Tags: pay and benefits , retirement benefits processing , retirement planning , Bob Leins , NITP , Tammy Flanagan , James Marshall , Bob Braunstein , For Your Benefit

Monday - 04/08/2013, 09:59pm EDT
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Federal retirements exceed expectations for third straight month

For the third month in a row, the number of federal employees filing retirement claims outpaced the Office of Personnel Management's projections. OPM received 10,183 retirement claims in March, more than double the number it expected to receive, according to new OPM data..

Tags: OPM , retirement backlog , Jack Moore

Friday - 04/05/2013, 02:39pm EDT

Retirement twilight zone

Bob Leins hosts a roundtable discussion of some strange but true retirement planning stories.
March 25, 2013

Tags: pay and benefits , retirement benefits processing , retirement planning , Bob Leins , NITP , Tammy Flanagan , James Marshall , Bob Braunstein , For Your Benefit

Monday - 03/25/2013, 09:59pm EDT
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Vampires and a retirement offer to die for...

What do vampires have to do with a long-lived urban myth about a super-secret federal retirement plan? The short answer is that both are very hard to put to rest, Senior Correspondent Mike Causey says. But here goes, again ...

Tags: Mike Causey , Federal Report , pay and benefits , workforce , CSRS , Triple Nickel

Wednesday - 03/20/2013, 02:00am EDT

2014 budget battle lines drawn around federal pay, benefits

When it comes to the federal workforce, the competing House and Senate budget plans differ greatly in tone and style. But when it comes to making the federal government run more efficiently and finding cost-savings in federal operations, the two plans are more alike than you might think.

Tags: House , Senate , Congress , pay and benefits , budget , Paul Ryan , Patty Murray , Jack Moore

Thursday - 03/14/2013, 06:09pm EDT

Furloughs, buyouts, & retirement surge

Federal News Radio's Julia Ziegler, and Sean Reilly and Stephen Losey from the Federal Times, join host Mike Causey to discuss a wide range of issues affecting federal workers.
March 13, 2013

Tags: pay and benefits , government shutdown , furloughs , retirement surge , Julia Ziegler , Federal News Radio , sequestration , continuing resolution , pay freeze , Sean Reilly , Stephen Losey , Federal Times , Mike Causey , Your Turn

Wednesday - 03/13/2013, 06:57pm EDT
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