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Search Tags:  retirement

Analysis: Payroll tax cut opportunity to put more in TSP

Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.

Tags: Ed Zurndorfer , TSP , pay and benefits , Federal Drive

Friday - 02/24/2012, 11:19am EST
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Your guide to the chamber of horrors

Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.

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

Thursday - 02/23/2012, 02:00am EST

Secrets of the TSP

Host Mike Causey will talk about the Thrift Savings Plan with Tom Trabucco, director of external affairs for Federal Retirment Thrift Investment Board. Federal Times Reporters Stephen Losey and Sean Reilly also join the show to discuss how Congress is changing your federal benefits package.
February 22, 2012

Tags: pay and benefits , Thrift Savings Plan , Tom Trabucco , Federal Thrift Investment Board , National Federation of Federal Employees , NARFE , Federal Times , Stephen Losey , Sean Reilly , budget cuts , John Bogle , Vanguard mutual funds , Allan Roth , Mike Causey , Your Turn with Mike Causey

Wednesday - 02/22/2012, 07:29pm EST
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Fed retirement hike to pay for unemployment insurance

The $15 billion generated by the 2.3 percent more that new employees would pay for their retirement would help pay for the extension of unemployment insurance.

Tags: payroll tax , Federal Drive , Bernie Becker , The Hill ,

Wednesday - 02/22/2012, 11:00am EST
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The worst is (probably) yet to come

Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.

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

Wednesday - 02/22/2012, 02:00am EST

Preparing for retirement

Career coach Mike Townshend talks retirement planning with host Bob Leins.
February 20, 2012

Tags: pay and benefits , Mike Townshend , Carpe Diem Coaching Inc , financial road map , Bob Leins , Tammy Flanagan , NITP , For Your Benefit

Monday - 02/20/2012, 07:56pm EST
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It could have been worse. Really?

Federal workers who have been paying attention to the various plans to have them finance unemployment benefits, highways and tax cuts must be confused, if not in a state of shock, Senior Correspondent Mike Causey says. Could it be that the only people who are happy are those who haven't been paying attention?

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

Friday - 02/17/2012, 02:00am EST

Congress plays tug-of-war over federal benefits

Federal Times Editor Steve Watkins, Senior Writer Sean Reilly,and NARFE Legislative Director Julie Tagen will discuss how government employees will be affected by proposed cuts to the federal budget.
February 15, 2012

Tags: pay and benefits , Congress , budget battle , budget cuts , Federal Times , Steve Watkins , Sean Reilly , NARFE , Julie Tagen , supercommittee , House , Senate , buyouts , Mike Causey , Your Turn

Wednesday - 02/15/2012, 09:28pm EST
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Federal unions claim sneak attack in unemployment insurance deal

Two federal unions, the American Federation of Government Employees and the National Treasury Employees Union, say lawmakers removed the increase in federal employee contributions from the payroll tax extension, but added it to the unemployment insurance extension, which is part of the overall deal. The unions say if the provision becomes law, feds would see a pay decrease while everyone else would see an increase.

Tags: pay and benefits , benefits , retirement contribution , workforce , NTEU , AFGE , John Gage , Dave Camp , Harry Reid , Colleen Kelley , Jason Miller

Wednesday - 02/15/2012, 05:55pm EST

House to vote on federal pension changes separate from highway bill

The current language of H.R. 3813 increases the CSRS and FERS employees' contribution to their retirements by 1.5 percent over three years. For individuals not subject to mandatory retirement who choose to retire on or after Jan. 1, 2013, the FERS minimum supplement is eliminated. Currently, the FERS minimum supplement is paid to those qualifying employees who retire prior to age 62.

Tags: Gerry Connolly , Congress , House , transportation bill , pay and benefits , FERS , CSRS , Patricia Niehaus , Federal Managers Association

Wednesday - 02/15/2012, 01:23pm EST
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