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9:10 am, April 25, 2015

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Larry Korb, Senior Fellow, Center for American Progress

Congress is capping the pensions of top military officials in 2015. As part of National Defense Authorization Act, pensions for generals and admirals will be trimmed to ensure they make no more in retirement than they did on active duty. That reverses a 2007 law designed to help retain officers during wartime. What effects, if any, will this have on the military's ability to retain its senior officers? Larry Korb is a senior fellow at the Center for American Progress and former assistant secretary of Defense for manpower and reserve affairs. He joined Tom Temin on the Federal Drive with a look at this measure.

Tags: Larry Korb , Tom Temin , Federal Drive , NDAA , DoD , budget , pay and benefit

Monday - 12/15/2014, 09:55am EST
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How safe is your pension? Can you say Detroit!

The primary federal pensions plans -- CSRS and FERS --are the gold-standard compared to virtually any private-sector pension plan. But how safe are they? asks Senior Correspondent Mike Causey.

Tags: Mike Causey , Mike Causeys Federal Report , pension , CSRS , FERS , Jessica Klement , NARFE , pay and benefits

Thursday - 12/11/2014, 02:00am EST

Retirement claims take a dip in November, OPM says

After receiving 4,000 more retirement claims in October than it expected to, the Office of Personnel Management received 2,000 fewer than it expect to in the month of November.

Tags: OPM , retirement backlog , Michael OConnell

Friday - 12/05/2014, 03:06pm EST

All TSP funds grow for November

Every Thrift Savings Plan domestic fund showed growth in November, including the troubled I Fund, which had been in the negative for months.

Tags: TSP , pay and benefits , Jory Heckman

Monday - 12/01/2014, 10:34am EST

Are you in the wrong health care plan?

Health plan expert Walton Francis says that about half of all federal employees are paying too much for heath care. Now that it's Open Season, feds have a chance to turn that around.

Tags: Walt Francis , Checkbook Guide to Health Plans for Federal Employees , open season , health care , benefits , workforce , Michael OConnell

Monday - 11/10/2014, 04:59pm EST
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CBO deficit report advises smaller fed workforce

In a new report on reducing the federal deficit, the Congressional Budget Office suggests that cutting 70,000 government jobs over the next decade and changing the math used for civilian and military pensions could save $100 billion.

Tags: CBO , deficit , pay and benefits , COLA , TSP , workforce , personnel , hiring , pensions , Federal Employees Comparability Act , budget , Jory Heckman , chained CPI

Wednesday - 11/26/2014, 11:24am EST

What are your odds of surviving 2015?

Few of us are going to live into our 100s, but choosing the right health care plan for you may make getting older more comfortable and put money in your wallet too, says Senior Correspondent Mike Causey.

Tags: Mike Causey , Mike Causeys Federal Report , pay and benefits , open season , FEHBP

Friday - 11/21/2014, 02:00am EST

Save $1,000 next year in FEHBP premiums

Health insurance premiums for white-collar federal workers or government retirees will run anywhere from $1,200 to nearly $6,000 next year. Wouldn't it be nice to save $1,000? asks Senior Correspondent Mike Causey.

Tags: Mike Causey , Mike Causeys Federal Report , health insurance , FEHBP , pay and benefits , open season

Wednesday - 11/19/2014, 02:00am EST

Kim Weaver, Federal Retirement Thrift Investment Board

Some new choices may be coming to your Thrift Savings Plan account, but you won't see those choices for a while. First, the TSP board wants to know the best way to offer those choices. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained what may become part of your TSP account.

Tags: Kim Weaver , Federal Retirement Thrift Investment Board , TSP , In Depth ,

Tuesday - 11/18/2014, 04:15pm EST
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Can new investment options keep people in the TSP?

In a bid to keep more people participating in the Thrift Savings Plan even after they leave the government, members of the plan's oversight board have approved a million-dollar-plus study of new investment options, including mutual funds that focus on real estate, emerging markets and socially responsible companies.

Tags: TSP , FRTIB , Greg Long , Dana Bilyeu , Emily Kopp , personal finances

Monday - 11/17/2014, 02:55pm EST
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