Benefits
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The provision — part of a larger transportation bill — would allow retiring federal employees to put their unused annual leave toward their TSP.
February 14, 2012 -
The personnel proposals included in the 2013 Defense Department budget include hikes to healthcare fees, cutbacks in both uniformed and civilian personnel. DoD also plans to save money through continued efficiencies and plans to increase the acquisition workforce.
February 13, 2012 -
President Obama\'s fiscal 2013 budget request released today ends the two-year federal pay freeze but increases contributions feds will have to make toward their retirement benefits.
February 13, 2012 -
The House bill — H.R.3813 — would require federal workers to contribute 1.5 percent more of their salaries toward retirement over three years and end a supplemental payment for early retirees under the Federal Employee Retirement System.
February 13, 2012 -
White-collar federal workers on average are either overpaid by about 16 percent or paid an average of 26.3 percent less compared to their private-sector counterparts. Those numbers confirm that there is a pay gap. But that\'s about it, Senior Correspondent Mike Causey says. Could they both be right? Or wrong?
February 13, 2012 -
Congress is taking a new road, literally, in its drive to trim federal retirement benefits and force civil servants to kick in more to their pension plan, Senior Correspondent Mike Causey says. This time its the so-called highway bill ...
February 10, 2012 -
American Federation of Government Employees President Jacque Simon will discuss whether your federal pay and benefits will be cut this year. February 8, 2012
February 08, 2012 -
A federal worker, who boxed in college and the Army, says in the last two years he\'s gone from a happy-go-lucky fed to feeling like he\'s fighting two opponents and the referee, Senior Correspondent Mike Causey say. So can this get any worse? Short answer, maybe.
February 08, 2012 -
The rollout of the Roth option for the Thrift Savings Plan, which would allow federal employees to invest already-taxed income, has long been discussed in the federal pay-and-benefits world. That launch moved another step closer, with the planned publication Wednesday of draft regulations in the Federal Register. And TSP participants will soon have more information about what the plan will look like.
February 07, 2012 -
No matter what condition your hair is in, the vast majority of federal workers get a new wig every one, two or three years. But that may be about to change, Senior Correspondent Mike Causey says.
February 07, 2012 -
The Thrift Savings Plan has hit an eye-popping milestone. The Thrift Savings Fund balance — the total invested across the TSP\'s 4.5 million accounts — climbed to $302.1 billion by the end of January, Tom Trabucco, the director of External Affairs at the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose.
February 06, 2012 -
Federal unions and some lawmakers have lambasted a proposed bill that would make changes to federal retirement benefits. The \"Securing Annuities for Federal Employees Act of 2012\" is set to go before the House Committee on Oversight and Government Reform Tuesday for a markup session, in which lawmakers will be able to introduce amendments.
February 06, 2012 -
Federal workers are considered lucky that the White House wants them to have a 0.5 percent raise next January. But what would G-men and women of your Mom or Dad\'s era have said to a pay raise of that — new word — minatude, Senior Correspondent Mike Causey wonders.
February 06, 2012 -
As a House-Senate conference committee continues negotiations over how to extend the payroll tax cut, ahead of a Feb. 29 deadline, there\'s at least one issue that has never left the table: federal pay and benefits. The eight House Republicans on the conference committee all voted in support of the stand-alone pay freeze bill. Of the five House Democrats, only Rep. Allyson Schwartz, of Pennsylvania, voted yes on the bill.
February 03, 2012 -
Now that government workers are under attack by politicians, how much clout do federal and postal workers have, and are they going to use it in November? Senior Correspondent Mike Causey searches for answers.
February 03, 2012