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Federal Drive Interviews -- Dec. 19, 2012

Defense analyst Jim McAleese reviews the Defense Authorization Bill agreed on by both the Senate and the House yesterday. OPM Director John Berry says proposed rules to implement phased retirement are on the fast track. Rep. John Sarbanes (D-Md.) discusses changes that will make it easier for feds to telework. Rep. Gerry Connolly (D-Va.) talks about benefits that will help retain federal employees. Vivian Reifberg of McKinsey & Co. talks about why the current administrative transition is so important. Alex Bolton of The Hill discusses the fiscal cliff negotiations.

Tags: Jim McAleese , McAleese and Associates , John Berry , OPM , phased retirement , John Sarbanes , telework , Telework Enhancement Act , Gerry Connolly , workforce , Vivian Riefberg , McKinsey & Co. , Alex Bolton , The Hill , Congress , fiscal cliff , COLAs , Federal Drive , cybersecurity , Cybersecurity Update , DoD , DoD Report

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Couple navigates FERS-CSRS retirement divide

As part of the special series, FERS: 25 Years Later, Federal News Radio welcomed to its studios a retired federal couple, Neil Schiff and Linda Habenstreit who represent the federal retirement divide. When Schiff retired from the FBI's Office of Public Affairs, he was a FERS enrollee. His wife, a long-time public affairs specialist in the Agriculture Department's Foreign Agricultural Service, was covered by CSRS.

Tags: FERS , CSRS , FERS: 25 Years Later , Neal Schiff , Linda Habenstreit , pay and benefits , Federal Drive

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Federal retirement claims fall last month but OPM predicts swell in January

The Office of Personnel Management received fewer retirement claims in November than in any month since February this year, according to new data from the agency. But this is likely just the calm before the storm, according to OPM projections, which anticipate a wave of retirement claims in January.

Tags: OPM , retirement processing , OPM backlog , Jack Moore

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Federal-employee, veterans groups assail proposal to limit COLAs

Federal-employee groups and veterans organizations say a legislative proposal that would result in lower cost-of-living adjustments for federal and Social Security retirees is a non-starter. Moving to a "Chained" Consumer Price Index method of calculating inflation would curtail future benefits for Social Security retirees, including federal employees and veterans, opponents of the proposal say.

Tags: Congress , budget , pay and benefits , COLA , chained CPI , NARFE , Bernie Sanders , Julie Tagen , Jack Moore

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OPM makes dent in retirement backlog as claims continue rolling in

For the fourth straight month, the number of federal employees filing for retirement has outstripped the Office of Personnel Management's expectations, according to new data released by the agency. OPM also beat its projections for processing retirement claims.

Tags: OPM , retirement backlog , Jack Moore

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25 years later, FERS still 'excellent' plan for feds

Arthur Stein, a financial planner and former federal manager, told The Federal Drive with Tom Temin and Emily Kopp Wednesday that FERS has been a boon for feds, both young and old.

Tags: Arthur Stein , FERS , FERS: 25 Years Later , CSRS , benefits , Federal Drive , TSP , Roth TSP , Michael OConnell

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FERS for dummies

The new Federal Employees Retirement System is suddenly not so new. It turned 25 this year. And next to Social Security, it is the dominant federal retirement program. So how did FERS happen, and why? Check out Senior Correspondent Mike Causey's column.

Tags: Mike Causey , pay and benefits , Federal Report , FERS: 25 Years Later , CSRS

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Secret retirement bonus plan

Did you hear about the secret retirement- incentive plan in Congress? It would give you a cash buyout, and add five years to your age and years of service in order to boost your annuity. It is perfect in its simplicity except for one vexing detail - it's not true, Senior Correspondent Mike Causey says.

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

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New TSP rules help Hurricane Sandy victims

Under temporary rules issued by the Federal Retirement Thrift Investment Board, feds can continue to contribute to their Thrift Savings Plan. FRTIB will waive a rule that prevents contributions for six months after taking a hardship withdrawal.

Tags: TSP , FRTIB , benefits , Michael OConnell

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Medicare Part B and the presidential election

NARFE's David Snell joins host Mike Causey to talk about best health care buys for federal retirees. Sean Reilly from the Federal Times will discuss the presidential election and its impact on feds.
November 7, 2012

Tags: pay and benefits , Medicare part B , sequestration , health care , David Snell , NARFE , Open Season , Sean Reilly , Federal Times , USPS , Mike Causey , Your Turn

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