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Air Force to offer buyouts to 6,000 civilians
The Air Force is planning to make payments to civilian employees to encourage them to leave the federal payroll, in addition to offers of early retirement. The service is trying to get to the level of civilian employment authorized under DoD's civilian hiring freeze, which mandates the department maintain its non-uniformed workforce at fiscal 2010 levels.
Tags: DoD , Air Force , workforce , Darrell Jones , pay and benefits , buyouts , VSIP , VERA , Jared Serbu
Feds facing diet paycheck
The plan to require feds to pay more for their pensions is a blow to your take-home pay, Senior Correspondent Mike Causey says, but it could have been — and may yet be — a lot worse.
Tags: Mike Causey , Federal Report , pay and benefits , benefits , FERS
Air Force promises more disciplined acquisitions
The service no can longer pump money into ambitions that don't offer any immediate prospect of payoff, especially if those projects don't promise to deliver something the Air Force truly needs, the service's top officer said Tuesday.
Tags: Jared Serbu , DoD , Air Force , Defense Business Board , Norton Schwartz , Robert Gates , pay and benefits , acquisition ,
Steady TSP investments despite 'highly volatile' markets
Tags: TSP , Tom Trabucco , pay and benefits , Roth TSP , In Depth
Share-the-pain list out today
According to certain twisted history buffs, somebody in April, 1865, asked Mrs. Abraham Lincoln how the liked the play at Ford's Theater. Federal workers may appreciate the irony of that sick joke later on today, Senior Correspondent Mike Causey says.
Tags: Federal-Postal Coalition , super committee , Mike Causey , Federal Report , COLA , pay and benefits , workforce , Congress
CBP officers begin to earn greater retirement benefits
The Office of Personnel Management (OPM) has implemented a 2008 law that puts Customs and Border Protection (CBP) officers on par with law enforcement officers when it comes to earning greater retirement benefits and qualifying for early retirement. It also requires CBP officers to retire by age 57.
Tags: Customs and Border Protection , pay and benefits , OPM , Federal Register , Emily Kopp
Unions rally against debt-limit retirement cuts
The two largest federal unions are urging feds to stand up against proposed cuts to federal pay and retirement by calling Congressional leaders and rallying in New York. Last week, 21 federal unions sent a letter to Treasury and OMB demanding to know what would happen to federal employees should Congress and the White House fail to raise the debt ceiling but got no response.
Tags: AFGE , John Gage , Harry Reid , Mitch McConnell , NTEU , debt ceiling , pay and benefits , Emily Kopp
GAO gives annuities good grade; investors still wary
Charles Farrell, a principal with Northstar Investment Advisors, discussed the pros and cons of buying annuities. The Government Accountability Office recently released a report detailing various retirement strategies, including converting savings into an annuity.
Tags: annuity , pay and benefits , charles farrell , northstar investment advisors , In Depth , Francis Rose , GAO
Could pay and benefits cuts be good?
Tags: Mike Causey , Federal Report , pay and benefits , pay , benefits , In Depth
Mike Causey: How to become a millionaire
Listen to this week's preview of Your Turn.
Tags: Pay & Benefits , Mike Causey , Your Turn ,
