Pay & Benefits

  • With approximately 30 percent of the federal workforce eligible to retire by 2017, Federal News Radio would like to learn more about the federal retirement experience and what impacts federal employees' decisions to retire. Take our survey today.

    April 02, 2015
  • While it's not quite as tragic as "Romeo and Juliet", marriages between feds with one in the CSRS retirement plan and the other in FERS can be a tricky thing, says Senior Correspondent Mike Causey.

    April 02, 2015
  • Only three of the 10 funds in the Thrift Savings Plan posted positive returns for the month of March.

    April 01, 2015
  • Members of Congress are pursuing legislation that would make it easier to fire federal employees for misconduct or malfeasance. Senior Correspondent Mike Causey says the lawmakers are focusing on career civil servants, namely members of the Senior Executive Service.

    April 01, 2015
  • Both the House and Senate's budget plans for fiscal 2016 aim to reduce the federal deficit. And to help do that, both plans include provisions to increase federal employee pension contributions. Jessica Klement is Legislative Director of the National Active and Retired Federal Employees Association. On In Depth with Francis Rose, NARFE said those and other provisions tantamount to a pay cut for federal employees.

    March 31, 2015
  • Do you know how many fellow federal workers live in your city, your congressional district or your state? Senior Correspondent Mike Causey says you probably don't, but you should take comfort in knowing that you're most likely not alone.

    March 31, 2015
  • Defense Secretary Ashton Carter will propose a 401k-like retirement program for uniformed military personnel this week. USA today reports the goal is that everyone that leaves the military takes away a retirement fund, even if they don't stay in 20 years. Todd Harrison is senior fellow for defense budget studies at the Center for Strategic and Budgetary Assessments. On In Depth with Francis Rose, he compared the idea to the work he's done on compensation and the work the Military Compensation Commission did.

    March 30, 2015
  • It's always good to know your options, especially when it comes to figuring out your health insurance premiums next year, says Senior Correspondent Mike Causey.

    March 30, 2015
  • In England and in some parts of this country, a "take away" is when you order a popular fast food and take it home with you. In Washington "take away" is the legislative-political equivalent of bend-over-and-smile-this-is-going-to-hurt-you-more-than-me, says Senior Correspondent Mike Causey.

    March 27, 2015
  • The Fiscal Year 2016 budget the House passed Wednesday calls on federal employees to make greater contributions to their retirement plans, while altering the Thrift Savings Plan's G Fund. The budget also seeks to reduce the civilian workforce by 10 percent over the next 10 years through attrition.

    March 26, 2015
  • In 18th century Paris, the cry "off with their heads" was directed mainly at aristocrats, many of whom had been living a little too high off the hog. In 21st century Washington, folks nominated for the chop are guilty of one heinous crime. They are taxpayers who also happen to work for the Internal Revenue Service, says Senior Correspondent Mike Causey.

    March 26, 2015
  • David Snell, NARFE's director of retirement services, will answer you retirement questions, and Federal Times Senior Writer Andy Medici will give us an update on the latest news on Capitol Hill. March 25, 2015

    March 25, 2015
  • Does your retirement game plan have an end date? Have you figured out what you will do with 100 percent more leisure time, asks Senior Correspondent Mike Causey.

    March 25, 2015
  • A hidden proposal in the new budget resolution the House of Representatives is about to pass would change the way the G-Fund in the Thrift Savings Plan bears interest. The idea is to save the government money by paying less into the fund. But that means participants would receive less money out of the fund. Kim Weaver, director of external affairs for the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose, about the details behind the proposal and why it could be a big headache.

    March 24, 2015