The Defense Department is trying to make benefits administration simpler for reservists. Currently, service members in reserve ranks have more than 30 duty statuses to wade through to figure out what benefits they are entitled to. Often changes in orders lead to gaps in benefits. DoD has a new plan to simplify all of that, and expand benefits.
Greg Stanford, director of government affairs for the Federal Managers Association, joins host Mike Causey on this week's Your Turn to talk about the potential for pay and hiring freezes under a Trump administration.
Tom Walker, a chartered federal employee benefits consultant and founder of Walker Capital Preservation Group, Inc., details what employees need to consider before taking a loan from their retirement savings account.
The defined pension plan has been a remarkably durable feature of federal civil service for a long time. But noise coming from the 115th Congress suggests big changes for the pension system. Higher employee contributions and even ending the defined benefit pension plan altogether are on the table. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, shares her insight on Federal Drive with Tom Temin.
DoD presented a plan to lawmakers last month to consolidate 32 reserve duty statuses into just four. For years reservists received differing pay and benefits depending on which of the duty statuses their orders fell under, causing a bureaucratic mess and gaps in benefits.
Defense legislation signed into law by President Barack Obama in December will reverse decades-old mistake of tax withholding from veterans with combat-related disabilities.
The Congressional Budget Office recently published its annual predictions for Social Security. No surprise, it found the cherished program will go broke in a few years, unless Congress changes the rules or raises taxes. Brenton Smith, founder of an organization called Fix Social Security Now, isn't so sure. He's been studying the program for years and joins Federal Drive with Tom Temin with some ideas.
Roger Waldron, president of the Coalition for Government Procurement, discusses a critical issue driving unnecessary costs and other inefficiencies in the government’s purchase of products, including pharmaceuticals.
At the dawn of a new year, celebrate new beginnings with FEDtalk this Friday. January 13, 2017
President Obama's 2.1 percent pay hike may be the last feds see for awhile from Congress, says Jeff Neal, former DHS chief human capital officer.
As Air Force Secretary Deborah Lee James closes out her tenure, she is setting up a new Air Force Digital Service.
If one of your New Year's resolutions is to improve your financial picture, Senior Correspondent Mike Causey says federal workers should start with their Thrift Savings Plan.
As military financial literacy continues to fall, Suze Orman is stepping in to offer her services to troops.
Financial planner Arthur Stein shares his thoughts on the stock market's recent surge and what it means for your Thrift Savings Plan. January 4, 2016
The Air Force is selecting its biggest class ever to participate in the Career Intermission Program.