About half of all thrift savings plan account holders move their money to an outside IRA or other investment option when they leave federal service. So who is right, and what is your plan?
The White House management agenda, which would trim take-home pay and eliminate inflation protection for retirees, could help union leaders recruit from workforce that has shifted.
Big changes are coming to the Thrift Saving Plan. Kim Weaver, director of External Affairs for the TSP, joins host Mike Causey on this week’s Your Turn to talk about the changes, which include making it easier for participants to make withdrawals from their accounts. May 23, 2018
If any of the Trump administration’s proposals to overhaul the federal pay and pension plans make it through Congress, thousands of federal workers might have to extend their tours of duty by as much as a decade to maintain their standard of living.
The Professional Managers Association is telling fed-postal-retirees to stay alert as federal retirement contribution changes are proposed by the Trump administration.
Jeff Neal, former DHS CHCO, looks at the recent proposals from OPM and OMB that would freeze federal pay for a year and decrease federal employee compensation.
Federal management leaders in the Trump administration say they’re optimistic they can lead a bipartisan, inclusive discussion about its plan to modernize the federal workforce.
The Trump administration’s plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.
Financial planner Arthur Stein joins host Mike Causey on this week’s Your Turn to discuss how the Thrift Savings plan is doing and what you can do to protect your investments from a market correction that many experts say is long overdue. May 16, 2018
Federal News Radio explains each of OPM’s proposed changes to the federal retirement system and details their outlook in Congress.
COLAs are based on the rise in inflation, as measured by the Consumer Price Index-W, from the third quarter year over year. It’s possible the January COLA will be less if living costs drop, but that is unlikely given the year-long rise in oil-prices, one of the chief drivers of inflation.
Republicans who want to stave off a midterm majority-party defeat might want to run some numbers on fed voters in their districts.
If you live and work in Washington long enough, you start running taking people’s — especially politicians’, lawyers’ and talking heads’ — statements, actions and facts through your own filter.
Recent proposals to change the existing federal retirement system are just the beginning of coming recommendations from the Office of Personnel Management.