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.
This week on “Your Turn,” financial planner Arthur Stein tells feds and retirees what, if anything, they should be doing now with their Thrift Savings Plan accounts.
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.
Host Bob Leins welcomes Michael Townshend, Transition Specialist to the show to talk about the difference between being financially ready and being emotionally and socially ready. July 24, 2017
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.
Senior Correspondent Mike Causey says despite it being home to Congress, Washington, D.C. takes the least vacation time of any other major American city.
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.
There are 23 states that have a pay-for-performance system, according to consultant Howard Risher. Florida’s began in 1968, with Wisconsin and Utah following a year later. Bob Tobias, professor in the Key Executive Leadership program at American University, joined Federal Drive with Tom Temin to assess if the same system could work for the federal government.
It may look complicated to outsiders, but federal spending patterns aren’t that much different from other industries. Who are the big customers, what are they buying and who are they buying it from? Analyst Matt Hummer joined Federal Drive with Tom Temin to highlight the latest version of Govini’s comprehensive federal market scorecard.
Senior Correspondent Mike Causey says federal and Social Security retirees may be in for a cost-of-living adjustment that’ll trump January’s proposed 1.9 percent pay raise for federal workers.
A bill authorizing $696 billion in spending for the Defense Department, raising military pay by 2.4 percent for service members and creating a new branch of the military for space operations passed the House by a vote of 344–81. The bill authorizes enough funds to go head-to-head with sequestration as it makes a return in 2018 unless a budget deal is reached.
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.