House Republicans and Democrats have unveiled legislation to provide the biggest expansion of college aid for military veterans in a decade
The Trump administration wants to increase early retirement and separation incentives from a cap of $25,000 to $40,000 for all civilian federal employees. It also wants to create a governmentwide industry exchange program, which would let federal employees temporary work in a private corporation or association for no more than two years. The administration submitted both proposals to Congress to be included in the National Defense Authorization Act.
Host Bob Leins and co-host John Elliott welcome Lester Austin, Retired Senior Public Affairs Specialist with the Social Security Administration, to talk about where Social Security has been, where it is now, and where it’s going in the future. July 17, 2017
Bill Valdez, president of the Senior Executives Association, joins host Mike Causey to discuss how things are going for the SEA and the Senior Executive Service. July 12, 2017
The Nuclear Regulatory Commission recently saw one of its longtime employees off into retirement. Steve Lavie, had a long career working on a nuclear submarine in the Navy then at nuclear power plants on the East Coast and finally at the NRC. But when he enlisted in the Navy, he was just a few credits shy of receiving his college degree. His NRC colleagues saw to it that Lavie still had a chance to experience a college commencement, before his retirement this summer. Lavie tells his story to Federal News Radio’s Nicole Ogrysko on Federal Drive with Tom Temin.
The House Armed Services Committee wants to expand the $40,000 Voluntary Separation Incentive Pay for DoD civilians to 2021.
The Navy announced its bonus reenlistment numbers for pilots in 2018. Meanwhile, Congress is trying to give more money to the Air Force to retain pilots.
The Air Force is changing some of its policies to bring squadrons into the 21st century. Meanwhile, the service is reviewing medically separated airmen’s disability ratings.
If you’re a government worker or retiree, odds are you are dreading the day when your grandson or granddaughter asks you about the good old days, when folks had pensions.
Host Bob Leins welcomes Dave Love, CLU, CLTC with The Love Financial Group to the studio for an educational discussion about long term care. Morningstar investment analysts’ research shows that approximately 70% of Americans over age 65 will become cognitively impaired or unable to complete the activities of daily living. Baron’s says the average need for LTC is almost four years for women and just under two and a half years for men. July 10, 2017
The Office of Personnel Management continued to make progress in whittling down its backlog of unprocessed retirement claims during the month of June. The backlog stood at 14,530, the lowest it’s been since last June.
The Senate Armed Services Committee wants to cut some basic housing allowance for dual military couples to save money in the long run. The committee tried to make more drastic cuts last year, but they did not make it into law.
Non-existent sweepstakes, phony lotteries, reverse mortgage schemes and counterfeit drugs — fraudsters have unlimited imagination when if comes to separating people from their money, especially retirees and the elderly. Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, offers some advice on avoiding ripoffs on Federal Drive with Tom Temin.
Have you protected your TSP from the next stock market crash? Financial planner Arthur Stein will explain what you should be doing now to protect your financial assets when he joins host Mike Causey on this week’s Your Turn. July 5, 2017
Thrift Savings Plan returns slowed in the month of June, though only two funds dipped in the red. The S and I funds saw the most significant changes, both positive and negative, in June compared to the previous month’s returns.