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?
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
About 100 House Democrats wrote to Speaker Paul Ryan (R-Wis.) and Minority Leader Nancy Pelosi (D-Calif.), voicing their opposition over the president’s four major proposed changes to federal retirement. The administration included the proposals in the fiscal 2018 budget proposal and would have a significant impact on both current and future federal employees and retirees.
With four months left to go in the cost-of-living adjustment countdown, the increase is looking like 1.51 percent in Social Security, civil service and retired military pay benefits, but that’s not guaranteed and few people understand how the system works.
If you get Social Security, or civil service or military retirement benefits, Senior Correspondent Mike Causey says you may be on the road to the biggest inflation-catchup in years.
One of the best things about retiring from the government is that pensions are inflation-protected for life, but the Trump administration wants to eliminate cost-of-living adjustments for one group of retirees and trim future inflation catch-ups for others.
Senior Correspondent Mike Causey says Trump should keep his hands off the federal retirement program, at least if he wants to stay in power.
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.
Senior Correspondent Mike Causey says the greatest fear of retirees who don’t get a pension from work or an inflation adjustment is running out of money.
Are you worried about running out of money? This week on Your Turn, financial planner Arthur Stein joins host Mike Causey to discuss how long your investments should last during retirement. May 24, 2017
Proposed changes to the federal retirement system could force current federal employees to delay retirements and spark financial hardship for current retirees. Federal financial experts discuss these proposals, which President Donald Trump included in his full fiscal 2018 budget request.
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.
Congress is in the midst of “reforming” the federal government by rounding up overpaid bureaucrats and whittling back their break-the-bank benefits.
While the ink on the deal hasn’t dried yet, more than 200,000 postal employees could see a series of pay raises down the road, now that one of the major postal unions has reached a provisional labor agreement with the U.S. Postal Service.
When it comes to the latest proposed pay raise, Senior Correspondent Mike Causey wonders if federal workers are ingrates or just in shock.