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As retirement applications surge, what should feds consider?

Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss how feds should prepare for retirement.

Tags: pay and benefits , retirement backlog , OPM , workforce , Tammy Flanagan , NITP , In Depth , Francis Rose

Friday - 02/10/2012, 06:57pm EST
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Fed pensions up for debate in highway bill

Federal employees would pay more toward their pensions and new employees would receive less generous retirement benefits under a House Republican plan to pay for highway programs.

Tags: Congress , House , pay and benefits , transportation bill

Wednesday - 02/08/2012, 06:47pm EST

House committee takes up bill cutting federal retirement benefits

Federal unions and some lawmakers have lambasted a proposed bill that would make changes to federal retirement benefits. The "Securing Annuities for Federal Employees Act of 2012" is set to go before the House Committee on Oversight and Government Reform Tuesday for a markup session, in which lawmakers will be able to introduce amendments.

Tags: Congress , House , pay and benefits , Dennis Ross , Colleen Kelley , NTEU , Gerry Connolly , benefits ,

Monday - 02/06/2012, 09:20pm EST
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Senators ask OMB to intervene in retirement backlog

A new letter, signed by Sens. Mark Warner (D-Va.), Barbara Mikulski (D-Md.) and Ben Cardin (D-Md.), calls on the Office of Management and Budget to take on the "urgent matter" of processing federal retirements. The letter comes a week after a Senate subcommittee hearing in which the Office of Personnel Management was taken to task for its handling of the longstanding backlog.

Tags: workforce , OPM , Mark Warner , Barbara Mikulski , Ben Cardin , OMB , Jeffrey Zients , John Berry , Congress , Senate , retirement backlog

Monday - 02/06/2012, 07:06pm EST

OPM strategy for clearing retirement backlog not just IT issue

The overwhelmed retirement claims backlog at the Office of Personnel Management is only partly a technology problem. John Salamone, a managing consultant at FMP Consulting and the former executive director of the Chief Human Capital Officers Council, joined In Depth with Francis Rose to discuss the potential complications for OPM ahead.

Tags: OPM , workforce , technology , retirement backlog , John Berry , John Salamone , FMP Consulting , In Depth , Francis Rose

Friday - 02/03/2012, 05:07pm EST
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Senators take OPM to task over long wait for pensions

The Office of Personnel Management has a new strategy for tackling its backlog of 62,000 retirement applications. But, after 25 years of hearing such promises, lawmakers are skeptical. The Senate Homeland Security and Government Reform Subcommittee on Oversight brought agency director John Berry to Capitol Hill to explain why this strategy is different.

Tags: OPM , pay and benefits , workforce , technology , Congress , Senate , John Berry , Mark Warner , Daniel Akaka , GAO , Valerie Melvin , Patrick McFarland , Emily Kopp

Thursday - 02/02/2012, 01:51pm EST
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Long-term impact of 'Pay Interruptus'

Is a temporary pay freeze better than a permanent cut in your federal benefits package? Or are people ignoring the long-term effects of a "temporary" pay freeze, Senior Correspondent Mike Causey wonders.

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

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

Navy offers early retirements for some sailors

The Navy has announced it plans to offer early retirements, following a panel's decision last year that targeted nearly 3,000 sailors for separation. The Navy's temporary early retirement authority will only apply to sailors with 15 years of service, who were not selected for retention by the 2012 Enlistment Retention Board, according to a Navy administrative message laying out official guidance about the early retirements.

Tags: pay and benefits , early retirement , DoD , Navy , Enlistment Retention Board

Wednesday - 02/01/2012, 04:42pm EST

Who's the $4 million fed?

Thanks largely to transfusions from outside retirement plans, Uncle Sam now has 208 employees with million-dollar Thrift Savings Plan accounts, Senior Correspondent Mike Causey says,and there's at least one person whose 401(k) plan is worth more than $4 million.

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

Wednesday - 02/01/2012, 02:00am EST

Senate committee to vet OPM annuity processing strategy

The Office of Personnel Management's new strategy to catch up on its backlog of retirement claims will be vetted publicly during a hearing Wednesday of the Senate Homeland Security and Governmental Affairs Subcommittee on Oversight of Government Management.

Tags: OPM , Senate , John Berry , Government Managers Coalition , Patrick McFarland , Emily Kopp

Tuesday - 01/31/2012, 08:06pm EST
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