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Federal-employee, veterans groups assail proposal to limit COLAs

Federal-employee groups and veterans organizations say a legislative proposal that would result in lower cost-of-living adjustments for federal and Social Security retirees is a non-starter. Moving to a "Chained" Consumer Price Index method of calculating inflation would curtail future benefits for Social Security retirees, including federal employees and veterans, opponents of the proposal say.

Tags: Congress , budget , pay and benefits , COLA , chained CPI , NARFE , Bernie Sanders , Julie Tagen , Jack Moore

Friday - 11/09/2012, 08:49pm EST

OPM makes dent in retirement backlog as claims continue rolling in

For the fourth straight month, the number of federal employees filing for retirement has outstripped the Office of Personnel Management's expectations, according to new data released by the agency. OPM also beat its projections for processing retirement claims.

Tags: OPM , retirement backlog , Jack Moore

Tuesday - 11/06/2012, 03:23pm EST

25 years later, FERS still 'excellent' plan for feds

Arthur Stein, a financial planner and former federal manager, told The Federal Drive with Tom Temin and Emily Kopp Wednesday that FERS has been a boon for feds, both young and old.

Tags: Arthur Stein , FERS , FERS: 25 Years Later , CSRS , benefits , Federal Drive , TSP , Roth TSP , Michael OConnell

Wednesday - 12/12/2012, 12:13pm EST
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FERS for dummies

The new Federal Employees Retirement System is suddenly not so new. It turned 25 this year. And next to Social Security, it is the dominant federal retirement program. So how did FERS happen, and why? Check out Senior Correspondent Mike Causey's column.

Tags: Mike Causey , pay and benefits , Federal Report , FERS: 25 Years Later , CSRS

Wednesday - 12/12/2012, 02:54am EST

Secret retirement bonus plan

Did you hear about the secret retirement- incentive plan in Congress? It would give you a cash buyout, and add five years to your age and years of service in order to boost your annuity. It is perfect in its simplicity except for one vexing detail - it's not true, Senior Correspondent Mike Causey says.

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

Friday - 11/30/2012, 02:00am EST

New TSP rules help Hurricane Sandy victims

Under temporary rules issued by the Federal Retirement Thrift Investment Board, feds can continue to contribute to their Thrift Savings Plan. FRTIB will waive a rule that prevents contributions for six months after taking a hardship withdrawal.

Tags: TSP , FRTIB , benefits , Michael OConnell

Friday - 11/23/2012, 12:19pm EST

Medicare Part B and the presidential election

NARFE's David Snell joins host Mike Causey to talk about best health care buys for federal retirees. Sean Reilly from the Federal Times will discuss the presidential election and its impact on feds.
November 7, 2012

Tags: pay and benefits , Medicare Part B , sequestration , health care , David Snell , NARFE , open season , Sean Reilly , Federal Times , USPS , Mike Causey , Your Turn

Wednesday - 11/07/2012, 08:18pm EST
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Postmaster General urges quick action in lame duck session

Postmaster General Patrick Donahoe says his number one priority is seeing legislation passed in the upcoming lame-duck session of Congress that will help the U.S. Postal Service get out of debt. In an exclusive interview with Federal News Radio, Donahoe details the latest on the agency's financial situation, buyouts, the consolidation of mail processing centers, and its plan to cut window hours at half of its post offices across the country.

Tags: USPS , budget , POSTPlan , Metro Post , Congress , buyouts , Patrick Donahoe , postal reform , mail processing centers , exclusive , Julia Ziegler

Thursday - 11/01/2012, 03:38am EDT
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Air traffic controllers and more

Trish Gilbert, executive vice president of the National Air Traffic Controllers Association, joins host Mike Causey on today's show. Mike will also talk about the upcoming elections with writers from the Federal Times.
October 31, 2012

Tags: pay and benefits , 2012 election , Trish Gilbert , National Air Traffic Controllers Association , Federal Times , USPS , Mike Causey , Your Turn

Wednesday - 10/31/2012, 07:41pm EDT
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TSP contribution limit increases in 2013

Federal employees can contribute a maximum of $17,500 annually to their Thrift Savings Plan next year up from the $17,000 limit this year, according to the IRS.

Tags: pay and benefits , TSP

Wednesday - 10/24/2012, 08:39am EDT
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