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Search Tags: retirement
Benefits expert John Elliott joins Your Turn with Mike Causey with advice for federal employees after pre-retirement preparation.
Are you better off financially slogging it to work or sleeping in five days a week. Some people say that all things considered they would be better off as a retiree than as an office serf. So do the math, Senior Correspondent Mike Causey says.
Making the decision to accept buyout money can change your life for good or bad. Financial and career experts told Federal News Radio the right answer depends on who you are and what you expect and need in life.
Amid calls for military retirement reform, Pentagon officials say the system that's in place right now is not the main driver of the department's escalating personnel costs and is affordable . Their remarks Tuesday before a Congressional subcommittee run counter to a Defense Business Board report that suggested retirement costs may eventually crowd out warfighting capability.
Tags: DoD , Congress , House , House Armed Services Committee , pay and benefits , benefits , military retirement , Defense Business Board , Steve Stobridge , Jo Ann Rooney , Vee Penrod , Austin Scott , Jared Serbu
David Snell, the director of retirement benefits at the National Active and Retired Federal Employees Association, joined the Federal Drive with Tom Temin and Amy Morris to discuss how the COLA bump affects feds differently.
The three agencies have joined a growing number that are offering incentive payments for employees to leave the payroll. Federal News Radio provides a roundup of recent buyout offers.
Tammy Flanagan is the senior benefits director at the National Institute of Transition Planning.
Congress, the economy and the White House are all moving in a direction that is likely to create the perfect storm for widespread buyouts within the federal service, Senior Correspondent Mike Causey says.
Host Mike Causey will discuss the big issues facing feds with Federal News Radio's Francis Rose, Federal Times editor Steve Watkins and senior reporter Sean Reilly.
October 19, 2011
Tags: pay and benefits , super committee , pensions , Senior Executive Service , Postal Service , Francis Rose , In Depth , Federal Times , Steve Watkins , Sean Reilly , Mike Causey , Your Turn with Mike Causey
The annual cost-of-living adjustment, or COLA, is based on a measure of inflation that Congress adopted in the 1970s. Since then, it has resulted in annual increases averaging 4.2 percent.