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Search Tags: retirement
The House bill — H.R.3813 — would require federal workers to contribute 1.5 percent more of their salaries toward retirement over three years and end a supplemental payment for early retirees under the Federal Employee Retirement System.
After 18 months of inactivity and extended vacation, Congress exhibited a blinding burst of speed last week before it left on yet another vacation. The bad news is that the action it took was aimed at future federal workers and you, well into your career, may be next, Senior Correspondent Mike Causey says.
Tom Schatz, president of Citizens Against Government Waste, says the government is paying for private employees' retirements has been a legitimate business expense for years under cost-accounting standards.
Rep. Chris Van Hollen (D-Md.) told The Federal Drive with Tom Temin that he and lawmakers who represent federal employees want to maintain this system for federal employees.
The IRS is the latest agency to join the 2012 buyout parade. Employees in other agencies should study it because it may be the model for similar buyouts governmentwide, Senior Correspondent Mike Causey says.
Thrift Savings Plan figures continued to climb in the early months of 2012, as all funds posted positive numbers for the month of February and for the year.
Does following news about the federal establishment make you depressed. Does talk about extended pay freezes and reduced retirement benefits make you nervous in the civil service? So what's preventing you from chucking it all and retiring? Do you love your job regardless or worry that you'd have nothing to do in retirement? There may be another way out, Senior Correspondent Mike Causey says.
Federal Times Senior Staff Writer Stephen Losey
will give us an update on a new retirement
law...and other legislation affecting federal
July 11, 2012
What do you see when you look in the mirror? Is it a dedicated IRS auditor, a serious federal agent or a compassionate VA employee? Or, do you have a Charles Dickens moment and spot the ghost of Christmas Future — you after you have retired? While feds have mostly held on to their jobs, things could change quickly, Senior Correspondent Mike Causey says.
Estate planner Marc Levine tells you what to expect from your estate planning attorney and what your experience should be like.
July 9, 2012(Encore presentation September 24, 2012)