Most of the retirement nest-egg money federal investors have socked away is in the super-safe, never-has-a-bad-day Treasury securities G fund. But Senior Correspondent Mike Causey wonders how safe is safe.
Have you seen the pay-more-get-less pension package Congress is preparing for federal workers and retirees? Senior Correspondent Mike Causey says you’d better check it out.
Federal, military and Social Security retirees may be looking at a January cost-of-living adjustment of 1.6 percent, says Senior Correspondent Mike Causey.
Air Force civilians can now start working part-time while taking some of their retirement annuity.
Rep. Anthony Brown (D-Md.) introduced the Federal Employee Pension Act of 2017 to reduce the mandatory 4.4 percent pension contributions by new federal employees.
A 2018 budget proposal from the House Budget Committee asks federal employees to contribute more toward their retirement as a way to find $203 billion in mandatory spending cuts next year.
The House Oversight and Government Reform Committee will consider a series of bills this week that could impact the federal workforce. Among them is legislation that would give participants more options to withdraw investments from the Thrift Savings Plan.
Dan Magneson, a fish biologist with the U.S. Fish and Wildlife Service, discusses how decisions he made 25 years ago led to an unexpected retirement windfall.
Senior Correspondent Mike Causey says current and future federal retirees would lose thousands of dollars in cost-of-living benefits if Congress goes along with the president’s plan to put them on a zero-COLA plan.
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.
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.
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.
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.