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Pay & Benefits
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Your new employees start in the Thrift Savings Plan automatically now and they contribute to an account that's invested in the G Fund. But that may change soon. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She said on In Depth with Francis Rose the Senate Homeland Security and Governmental Affairs Committee is ready to look at legislation that will start off new federal employees with a different investing strategy.
June 24, 2014 -
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If you've been in government for a while, you know it is something like riding a roller coaster, Senior Correspondent Mike Causey says. Thrills, chills but rarely any spills. So, how long will your luck hold out?
June 24, 2014 -
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Boosted by a recovering economy and a booming Wall Street, assets in the Thrift Savings Plan have continued to climb. Since reaching $400 billion in February — the highest amount ever recorded — assets under TSP management grew to more than $412 billion by the end of last month. But as total assets have increased, so have calls to tweak the program that's provided federal employees with 401(k)-style retirement accounts since 1987. Still, the TSP has consistently resisted calls to modify its simplified, tried-and-true structure.
June 23, 2014 -
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OPM's Katherine Archuleta and HHS' Substance Abuse and Mental Health Services Administration release a memo providing guidance to agency leaders about how to identify individuals in mental health distress. The guidance also offers resources to federal employees looking for help.
June 23, 2014 -
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Thanks to Congressional budget cutters and the White House sequestration program, two of the most important federal operations - the IRS and the Social Security Administration - are getting smaller and slower. So, how much longer can we afford these 'savings', Senior Correspondent Mike Causey asks?
June 23, 2014 -
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What happens when a tiny federal agency tells a man worth billions of dollars that his business is racist and offensive? It boils down to what's in a name, says Senior Correspondent Mike Causey.
June 20, 2014 -
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Senior Correspondent Mike Causey wants to know: If the score is 32,000 them and 0 you, do you change your game plan? If your significant other says no 32,000 times in a row, do you consider another tactic? Do Congress and the White House need a new playbook?
June 19, 2014 -
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On this week's Your Turn radio show, an encore presentation of host Mike Causey's interview with OPM Director Katherine Archuleta. She discusses the status of phased retirement, the retirement-claims backlog and other civil service issues. Andy Medici from the Federal Times joins the show live to discuss President Obama's executive order banning discrimination among LGBT employees of contractors. June 18, 2014
June 18, 2014 -
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What's one area where federal retirees are financially better off than feds who are still working? If you said cost-of-living adjustments, you are a winner, Senior Correspondent Mike Causey says. The January COLA for retirees will be bigger than the planned pay raise for active-duty feds.
June 18, 2014 -
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The mid-term elections are upon us, and some people are complaining about political fatigue and gridlock. But for federal and postal workers — and retirees — these may be the good old days, Senior Correspondent Mike Causey says.
June 17, 2014 -
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It will be months, at least, before the full scope of the VA scandal is known. But for many taxpayers, it is further proof that federal workers are overpaid, underworked and fireproof, Senior Correspondent Mike Causey says.
June 16, 2014 -
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The Office of Personnel Management says it will not finalize regulations on phased retirement for a few more months. But what happens when it does? Federal News Radio's Web Manager Julia Ziegler joined Tom Temin and Emily Kopp on the Federal Drive to discuss federal employees' questions about phased retirement.
June 13, 2014 -
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Does an upset in a political primary in Richmond, Virginia, mean permanent political gridlock in Washington? According to some pros, everything changed last Tuesday, Senior Correspondent Mike Causey says.
June 13, 2014 -
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NARFE's Jessica Klement and Andy Medici from the Federal Times discuss a number of issues affecting feds, including proposed changes to the federal retirement program and the scandal at the Department of Veterans Affairs. June 11, 2014
June 11, 2014
