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Wall Street or Walmart: What's in your future?

Feds who retire with special skills and top-secret clearances often move into top jobs on Wall Street, with credit card companies or even back in government, Senior Correspondent Mike Causey says. But for those stripped of their clearances, life after Uncle Sam may mean a security guard job at a box store ...

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

Wednesday - 04/25/2012, 02:00am EDT

Postal bill amendment seeks to cut backlog ahead of USPS retirement 'deluge'

An amendment to a Senate bill aiming to restructure the U.S. Postal Service's financial framework would institute new agency reporting requirements for retiring federal workers in anticipation of a "deluge of retirees" from USPS. Sens. Mark Warner (D-Va.) and Barbara Mikulski (D-Md.), introduced an amendment last week that requires the Office of Personnel Management to take new steps to chip away at the longstanding backlog of federal retirement claims.

Tags: OPM , USPS , retirement backlog , Mark Warner , Barbara Mikulski , workforce , 21st Century Postal Service Act , Congress , Senate

Monday - 04/23/2012, 04:56pm EDT
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Economist: Roth TSP a good deal for young feds

Economist Dave Redden tells For Your Benefit that young people just starting in the federal service stand to gain the most from tax-free funds in retirement.

Tags: Pay & Benefits , Roth TSP , Bob Leins , John Elliott , For Your Benefit , Andrew Mitchell

Monday - 04/16/2012, 02:42pm EDT
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House to vote on partial retirement for feds

In a rare bipartisan move, the House oversight committee voted to bring a bill allowing phased retirements of federal employees to the floor for a general vote.

Tags: pay and benefits , Congress , House , Darrell Issa , NTEU , Federal Drive , TSP , Gillian Brockell

Thursday - 04/19/2012, 09:12am EDT

And you're still working because...

It could be a long time before federal workers see another January pay raise. But for retirees, things are looking up.

Tags: Federal Report , Mike Causey , pay freeze , cost of living allowance , Consumer Price Index , inflation , Social Security

Tuesday - 04/17/2012, 02:00am EDT

The TSP program and the new federal employee

Economist Dave Redden joins host John Elliot to talk about investment options for federal employees.
April 16, 2012

Tags: pay and benefits , TSP , Roth TSP , Social Security , social security tax cut , Dave Redden , Bob Leins , John Elliott , For Your Benefit

Monday - 04/16/2012, 11:01pm EDT
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Congress returns to packed budget agenda, tight deadlines

Congress returns to session this week with a few short months to reach a budget resolution for the new fiscal year starting Oct. 1 and agree on how to avoid the automatic spending cuts of $1.2 trillion over the next decade that will be triggered Jan. 2, 2013, under the Budget Control Act debt limit deal. But don't expect much to get accomplished before the election, say budget experts.

Tags: Steve Bell , Bipartisan Policy Center , Julie Tagen , NARFE , Beth Moten , AFGE , Colleen Kelley , NTEU , pay and benefits , budget , Congress , Budget Control Act , sequestration , workforce , Robert Tobias , American University

Monday - 04/16/2012, 11:10am EDT

The worst year to retire?

The combination of buyouts, a surge in baby boomer retirements and a hostile Congress may make this the worst year, maybe ever, to consider retiring, Senior Correspondent Mike Causey says.

Tags: Mike Causey , pay and benefits , workforce , Federal Report , OPM , buyouts , early retirements

Friday - 04/13/2012, 02:00am EDT

Retirement: Cancun or the Titanic?

This year and the next could set a new record for federal retirements. Senior correspondent Mike Causey says that's good news if you are stuck on your agency's promotion ladder, but not so good news if it means finding a cookbook for ways to prepare cat food.

Tags: Federal Report , Mike Causey , retirement backlog , early retirement , buyouts , Stephen Losey

Thursday - 04/12/2012, 02:00am EDT

Saving big bucks, the GSA scandal, and more

Allan Roth of CBS MoneyWatch and Federal Times reporters Andy Medici and Steve Losey join host Mike Causey on today's program.
April 11, 2012

Tags: pay and benefits , saving , Allan Roth , cbs moneywatch , Federal Times , Andy Medici , Steve Losey , GSA , Mike Causey , Your Turn with Mike Causey , OPM ,

Wednesday - 04/11/2012, 08:49pm EDT
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