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- Targeting Advanced Threats: Proven Methods from Detection through Remediation
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Shows & Panels
Search Tags: retirement
The Office of Personnel Management now says it hopes to have regulations governing phased retirement finalized by October. That can't come soon enough for many federal employees on the cusp of retirement who are caught in the regulatory limbo.
The Office of Personnel Management received fewer claims in June, but it continued to whittle away at its claims backlog.
Is there life after government service? Short answer: Yes. A retired fed tells how his agency's bureaucratic ways turned him into a late-blooming "R.O.M.E.O.," gave him a life-long friend and introduced him to the man who shared a North Vietnamese prison cell with Sen. John McCain.
NITP Senior Benefits Director Tammy Flanagan will answer your retirement questions.
July 2, 2014
As part of an ongoing effort to reduce costs, the Postal Service will offer early-outs and buyouts to more than 3,000 postmasters. Those who accept will leave the agency Sept. 30 -- the last day of fiscal 2014.
When you go from intern to top manager and then, later, to retiree, you learn a lot. Today we hear from a NARFE local president who says the phased retirement program, when it starts, could be a great thing for young workers and old-timers, too.
Financial advisor Arthur Stein will answer your calls and emails about the TSP, and CBS MoneyWatch Columnist Allan Roth discusses what you can do to maximize your TSP investments.
June 25, 2014
If you are contemplating retirement, there are lots of things to consider: Your health, goals, new income level and where you want to live. There is also one word you need to start using, according to a recent Forest Service retiree. That magic word: No!
Your new employees start in the Thrift Savings Plan automatically now and they contribute to an account that's invested in the G Fund. But that may change soon. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She said on In Depth with Francis Rose the Senate Homeland Security and Governmental Affairs Committee is ready to look at legislation that will start off new federal employees with a different investing strategy.
Boosted by a recovering economy and a booming Wall Street, assets in the Thrift Savings Plan have continued to climb. Since reaching $400 billion in February — the highest amount ever recorded — assets under TSP management grew to more than $412 billion by the end of last month. But as total assets have increased, so have calls to tweak the program that's provided federal employees with 401(k)-style retirement accounts since 1987. Still, the TSP has consistently resisted calls to modify its simplified, tried-and-true structure.