The cash-strapped U.S. Postal Service says it can return to being profitable and begin to pay down its debt if Congress gives it the authority to overhaul its health benefits structure. Postmaster General Pat Donahoe told the Senate Homeland Security and Governmental Affairs Committee Thursday that launching a postal-specific health care plan would help save the agency $8 billion annually through 2016.
Health insurance premiums on average are going up next year. While the increase isn't as high as many experts predicted it will still be a jolt to feds who have been on a pay raise diet for the past three years, Senior Correspondent Mike Causey says. Then there is the question of whether that "average" increase is 3.7 percent or more like 4.4 percent?
Health premiums for federal employees are going up an average of 3.7 percent, according to the Office of Personnel Management. Postal Service employees, who separate negotiating rights over premiums, will see, on average, a 3.8 percent increase.
Updated Thrift Savings Plan regulations would allow the same-sex spouse of a TSP participant to collect death benefits as long as they were married in a state that recognizes same-sex unions, regardless of where they live currently.
Greg Stanford, director of government affairs for the Federal Managers Association, and Federal Times Senior Writer Sean Reilly will discuss furloughs, layoffs, and other issues affecting federal workers. September 11, 2013
NARFE's David Snell will discuss the impact of a proposed change to how federal retirees' cost-of-living adjustments are calculated. September 4, 2013
Funds in the Thrift Savings Plan took a plunge last month. With the exception of the government-securities G Fund, all the funds in the Thrift Savings Plan finished August in negative territory.
On this week's Capital Impact show, Bloomberg Government analysts will examine vehicle maintenance contract opportunities at the Pentagon, and Maryland State Senator Joanne Benson will discuss the how Affordable Care Act, and other legislation will affect Maryland residents. August 29, 2013
The launch of state insurance exchanges will have little impact on most federal employees, the Office of Personnel Management says. It's a different story for OPM, itself, however. Due to its experience managing the Federal Employees Health Benefits Program, OPM has been tasked with managing a part of the new health exchange system.
Picture yourself floating in a deep, dark swamp, Senior Correspondent Mike Causey says. There doesn't appear to be any danger, except the pair of eyes watching you from the surface of the swamp. But what harm could they do? Ever hear of the federal version of the "Creature from the Black Lagoon?"
Senior Executives Association president Carol Bonosaro will discuss a new survey where government execs were asked their opinions on a wide variey of issues. August 28, 2013
NARFE's David Snell will talk about a health care option for feds without children and Sean Reilly from the Federal Times will give us an update on 2014 budget negotiations and other issues affecting federal employees. August 21, 2013
A proposed change to how federal retirees' cost-of-living adjustments are calculated could have a huge, negative impact, according to David Snell of the National Active and Retired Federal Employees Association. NARFE is urging its members and retirees to contact their congressmen during the week of Sept. 16 to express their opposition to the chained consumer price index.
After his mother died in 1999, a Washington, D.C. man continued to collect Social Security retirement benefits and Office of Personnel Management annuity checks for 15 years.
Senior Executives Association president Carol Bonosaro will discuss a new survey where government execs were asked their opinions on a wide variey of issues. August 14, 2013