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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
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.
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.
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
The Office of Personnel Management has consistently made progress processing retirement claims since the start of the calendar year, even as federal employees continue to retire in higher-than-projected numbers. In each of the first three months of the year, OPM surpassed its processing goal, according to OPM data released last week.
On the In Depth show blog, you can listen to the interviews, find more information about the guests on the show each day and links to additional resources.
Billy Milton, chief human capital officer at the USDA, tells The Federal Drive with Tom Temin and Emily Kopp about the Agriculture Department's successful approach to managing its workforce in tough budgetary times.
Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.
Why is it that some federal workers will never retire? They plan to work till they drop, Senior Correspondent Mike Causey says. Is it love of the job, patriotism, friends at work or is it the ex-spouse lurking out there?...
Thrift Savings Plan figures continued to climb in the early months of 2012, as nearly all funds posted positive numbers for the month of March and for the year. Only the F Fund dipped into the negative at the end of the month.