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6:12 pm, August 21, 2014

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Search Tags:  retirement contributions

Rep. Edwards proposes restoring lower retirement contributions for feds

Rep. Donna Edwards (D-Md.) introduced a bill Thursday that would reduce the amount new federal employees must pay toward their government pensions. The National Treasury Employees Union and the National Active and Retired Federal Employees Association support the legislation, which would repeal the last two increases in retirement contributions.

Tags: retirement , FERS , NARFE , NTEU , Colleen Kelly , Joseph Beaudoin , Congress , Donna Edwards , Stephanie Wasko , workforce , pay and benefits

Friday - 08/01/2014, 03:34pm EDT

House budget seeks to up feds' retirement contributions

The budget blueprint unveiled by Rep. Paul Ryan (R-Wis.) Tuesday includes a handful of proposals affecting the federal workforce that Ryan and House Republicans have championed in the past. Among them, the recommendation that federal employees contribute more of their salary toward their pensions and a proposal to shrink the federal workforce by 10 percent through attrition.

Tags: pay and benefits , House , budget , retirement , Paul Ryan , House Budget Committee , Jack Moore

Tuesday - 04/01/2014, 12:54pm EDT

The problem and solution are the same thing: You!

What do so many Washington-based politicians have in common with a firefighter with an arson problem? Both spend a lot of time solving problems they created, Senior Correspondent Mike Causey says.

Tags: Mike Causey , federal report , pay and benefits , Congress , retirement , Doug Lamborn , Jim Bridenstine

Thursday - 12/05/2013, 02:00am EST

Why increasing feds' retirement contributions may not help cut the deficit

Requiring federal employees to contribute more of their salary toward retirement is rumored to be among the proposals being considered by the House-Senate budget conference committee as an partial alternative to the sequestration budget cuts. The proposal, which the Congressional Budget Office has concluded would increase federal revenues by nearly $20 billion over 10 years, has criticism from federal-employee unions. But now, at least one think tank, known for its hawkish stance on reducing the deficit, says the proposal could end up not saving the government a dime.

Tags: pay and benefits , retirement , Committee for a Responsible Federal Budget , Jack Moore

Monday - 12/02/2013, 06:00am EST

Will budget committee target feds' retirement contributions?

Even as mystery surrounds the work of the House-Senate budget committee negotiating over fiscal 2014 funding levels and possible alternatives to devastating across-the-board budget cuts known as sequestration, there's consensus emerging about some of the potential bargaining chips the committee is likely to use. That includes requiring federal workers to contribute more of their salaries toward their pensions.

Tags: Congress , House , Senate , budget , sequestration , pay and benefits , retirement , Stephen Lynch , Jack Moore

Monday - 12/02/2013, 06:00am EST

CBO: Congress could wring $300B in deficit savings from federal pay, pension changes

A new Congressional Budget Office analysis of proposed deficit-reduction efforts contained half a dozen proposals affecting federal employees, including reducing annual pay raises, requiring federal employees to contribute more toward their pensions and reducing the size of the federal workforce through attrition. All told, such proposals would reduce federal outlays or increase revenues by $308 billion, according to CBO estimates.

Tags: Congress , House , Senate , budget , CBO , pay and benefits , chained CPI , Jack Moore

Friday - 11/15/2013, 12:30pm EST

Fed groups: Pay and benefits should be off the table in budget talks

A coalition of more than two dozen federal-employee unions and advocacy groups is calling on budget negotiators to come up with a way to undo the across-the-board sequestration budget cuts that are poised to slash agency spending by billions more this year. But following three years of a pay freeze and the recent 16-day government shutdown, the groups are equally adamant that changes to federal employees' pay and benefits should be off the table.

Tags: pay and benefits , sequestration , Federal-Postal Coalition , NTEU , Colleen Kelley , budget , Congress , Jack Moore

Friday - 11/08/2013, 10:24am EST

In House-Senate budget talks, feds fear being familiar target

When House and Senate lawmakers kicked off formal budget negotiations this week for the first time since the government shutdown ended, both Republicans and Democrats said replacing sequestration, the blunt across-the-board budget cuts, with an alternative plan would be a top priority. The sticking point remains how to pay for it. Federal-employee unions and advocacy groups fear federal pay and benefits will once again be on the table.

Tags: sequestration , Congress , House , Senate , Patty Murray , Paul Ryan , pay and benefits , Jessica Klement , NARFE , Jacque Simon , AFGE , Jack Moore

Thursday - 10/31/2013, 12:51pm EDT

Deposits or redeposits are they for me?

Federal benefits specialist James Marshall answers your calls and emails about your deposit/redeposit options.
May 20, 2013

Tags: retirement planning , pay and benefits , federal retirement , deposits and redeposits , FERS , CSRS , Bob Leins , James Marshall , For Your Benefit

Monday - 05/20/2013, 07:07pm EDT
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2013 - so far, so good...

Tired of those 2012 year-in-review reviews? So are we. Which is why Senior Correspondent Mike Causey has done a condensed year-in-review for 2013. Best part. It doesn't take a long time to read it.

Tags: Mike Causey , federal report , pay and benefits , chained CPI , pay freeze

Thursday - 01/03/2013, 02:00am EST