Friday is D-Day, as in Decimation Day, when federal agencies are supposed to unveil and reveal their downsizing plans, which will mean buyouts, early outs and layoffs for some.
The Office of Personnel Management is receiving more applications for the phased retirement program this year than it had during the first full year of its existence, but the numbers are still relatively low, given the large number of federal employees who are or will be eligible by the end of fiscal 2017.
In a couple of months, managers across government will know how their agencies fared in the latest Federal Employee Viewpoint Survey. In the meantime, the Partnership for Public Service had released some advice on getting ready for and making good use of the results. Mallory Barg Bulman, director of research and evaluation at the Partnership, joined Federal Drive with Tom Temin with some advice to agencies.
Congress and the White House have a laser-focus on four major parts of the federal civil service retirement program. So which one is going to get the ax?
Why do so many federal employees move out of TSP when they retire from the government? What should you do?
Some Republicans are joining about 100 House Democrats in voicing their opposition to the president’s proposed changes to federal retirement.
For Your Benefit hosts welcome Kim Weaver, Director of External Affairs, and Jim Courtney, Director of Communications and Education, Federal Retirement Thrift Investment Board to the studio this week.
May 1, 2017
There are three ways federal investors can join the million-dollar Thrift Savings Plan club. Senior Correspondent Mike Causey says investing steadily produces the most millionaires.
Reps. Don Beyer and Gerry Connolly (D-Va.) haven’t forgotten about rising premium rates to the Federal Long Term Care Program, and they certainly haven’t forgotten about the Office of Personnel Management’s response when asked what the agency planned to do about rising costs.
Host Bob Leins welcomes Mike Causey to the show to talk about current topics in Federal benefits and some of the best email questions he’s received this year. This is your opportunity to ask a question! Email them in advance to ForYourBenefit@nitpinc.com June 26, 2017
House Oversight and Government Reform Committee Ranking Member Elijah Cummings (D-Md.) and Government Operations Subcommittee Chairman Mark Meadows introduced the TSP Modernization Act, which would give participants in the Thrift Savings Plan more options and flexibility to withdraw from their accounts. It’s a companion bill to the legislation Sens. Tom Carper (D-Del.) and Rob Portman (R-Ohio.) introduced in April.
Senators sent the Congressional Budget Office a series of questions related to its recent study comparing federal employee compensation to the private sector. But senators won’t find much clarity or many concrete conclusions from CBO’s responses.
The Air Force is giving battlefield airmen incentive pay even when they are not in a war zone to encourage them to seek medical care and stay in the service.
A House panel wants to give military spouses up to $500 to get relicensed in their occupations after station changes in order to make relocation easier on families.
At the bottom of the Great Recession in March 2009, many federal workers and retirees saw their Thrift Savings Plan accounts drop as much as 40 percent. Senior Correspondent Mike Causey asks, what’s your plan for the next downturn?