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Obama signs short-term highway bill, feds' retirement changes stalled

The House has passed a stopgap three-month transportation bill to keep federal aid flowing to construction projects delaying a vote on a larger bill that included increasing federal employees' retirement contributions.

Tags: House , Transportation , DoT , pay and benefits ,

Thursday - 03/29/2012, 02:51pm EDT

Senate bill seeks to reform Senior Executive Service

Sen. Daniel Akaka (D-Hawaii) introduced the Senior Executive Reform Act, which would link the General Schedule with the pay system for senior executives and let senior executives include their performance bonuses in their retirement calculation.

Tags: Daniel Akaka , SES , Senior Executives Assocation , Carol Bonosaro , Max Stier , Partnership for Public Service , Congress , Senate , workforce , management , Federal Drive , Michael OConnell

Friday - 03/30/2012, 12:25pm EDT
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Retirement and SES mobility

Host Mike Causey will talk federal retirement with the NITP's Tammy Flanagan. Senior Executives Association President Carol Bonosaro will talk about a new report that looks at the mobility of members of the Senior Executives Service.
March 28, 2012

Tags: pay and benefits , Tammy Flanagan , NITP , Voluntary Contribution Program , CSRS , Senior Executives Assocation , Senior Executives Service , Carol Bonasaro , PPS , Your Turn with Mike Causey , Mike Causey

Wednesday - 03/28/2012, 09:28pm EDT
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USPS plan to set up own health plan faces lawmakers' skepticism

Postmaster General Patrick Donahoe testified today before a House subcommittee saying a USPS-sponsored plan would save $7 billion a year. Such a plan, Donahoe said, would offer equal or better coverage to current employees and retirees.

Tags: USPS , Patrick Donahoe , pay and benefits , House Committee on Oversight and Government Reform , Congress , Stephen Lynch , Darryl Issa , Walton Francis , FEHBP

Tuesday - 03/27/2012, 12:57pm EDT

Living on 1/3 of your income

Thinking about retiring in the next couple of years? Well, here's something to think about, Senior Correspondent Mike Causey says: How long and how well could you live if your income was cut by more than 60 percent for months at a time?

Tags: pay and benefits , benefits , OPM , retirement backlog , Mike Causey , federal report , workforce

Monday - 03/26/2012, 02:00am EDT

Some feds face April 1 deadline for first IRA minimum distribution

April 1 is the deadline for federal employees and annuitants with traditional IRA accounts and are at least 70-1/2 years old in 2011 to make their first minimum required distribution (MRD) for 2011.

Tags: Ed Zurndorfer , pay and benefits , Federal Drive

Friday - 03/23/2012, 11:29am EDT
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Making love and buyouts the connection

So, what's the connection between making love and getting a buyout? Technique, frequency and careful preparation are central to both, Senior Correspondent Mike Causey says. So how did federal agencies score this year?

Tags: Mike Causey , federal report , pay and benefits , workforce , buyouts , early retirements

Friday - 03/23/2012, 02:00am EDT

Committee approves House budget plan

The House Budget Committee approved a Republican proposal that calls for shrinking U.S. deficits to $3.1 trillion over the coming decade. The budget bill also calls for a 10 percent reduction of the federal workforce, an extension of the federal pay freeze and an increase of federal employees' contributions to their pension plans.

Tags: budget , Congress , House , House Budget Committee , workforce , Paul Ryan , DoD , Michael OConnell

Thursday - 03/22/2012, 10:44am EDT

When should you retire?

Tammy Flanagan, senior benefits director at the National Institute of Transition Planning joins host Mike Causey to talk about what you should do to plan for your retirement.
March 21, 2012

Tags: pay and benefits , Tammy Flanagan , NITP , Voluntary Contribution Program , CSRS , Mike Causey , Your Turn with Mike Causey

Wednesday - 03/21/2012, 11:05pm EDT
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GOP Medicare plan borrows from and repeals Obama's

Rep. Paul Ryan (R-Wis.), the top GOP budget writer, borrowed the idea of insurance exchanges, a big pooled marketplace, from the health care law enacted in Massachusetts when GOP presidential candidate Mitt Romney was governor. Ryan wants to set one up for Medicare.

Tags: Medicare , Congressional Budget Office , budget , Paul Ryan , Congress , House , Medicaid

Wednesday - 03/21/2012, 03:50am EDT
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