Pay & Benefits

  • Following complaints of widespread discrimination, the Consumer Financial Protection Bureau is overhauling its system for evaluating employee performance. The financial watchdog's performance-appraisal system resulted in "systematically lower ratings" for black and Hispanic employees, employees over the age of 40, employees located in field offices and those employed at lower pay scales, according to report on the performance-appraisal system published by the agency earlier this month.

    May 30, 2014
  • The way to make money in the stock market is to buy when share prices are down and sell when they go up. Yet most people do just the opposite, Senior Correspondent Mike Causey says. Are you a closet market-timer?

    May 30, 2014
  • The Postal Service Inspector General recommended that USPS make changes to its decades-old benefit programs that cost the agency millions.

    May 29, 2014
  • Have you ever been to a relatively big-bucks bonus banquet where the winners get a handshake and a good meal, but no bonus check? If not, stand by for next Thursday's State Department reception honoring the 2013 finalists for the Presidential Rank awards, Senior Correspondent Mike Causey says.

    May 29, 2014
  • Debra Roth, partner at Shaw Bransford and Roth will discuss what's happening at the VA and OPM Director Katherine Archuleta will talk about the status of phased retirement, the retirement-claims backlog and other civil service issues. May 28, 2014

    May 28, 2014
  • Have a question for OPM Director Katherine Archuleta? Check out Senior Correspondent Mike Causey's Federal Report to find out how to get it answered.

    May 28, 2014
  • The results are in from a customer service survey of Thrift Savings Plan account holders. And the verdict is one that most organizations would kill to have. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose why they did the survey in the first place.

    May 27, 2014
  • Nearly nine out of 10 federal employees are satisfied with the Thrift Savings Plan, according to a new survey published by the Federal Retirement Thrift Investment Board, which manages feds' 401(k)-style retirement accounts. Meanwhile, the TSP board is inching forward on a decision on whether to adopt a mutual-fund window.

    May 27, 2014
  • A bipartisan House bill would reform federal tax law so that federal law-enforcement officers and firefighters can access funds from their 401(k)-style Thrift Savings Plans when they're eligible to retire without facing a penalty. Jon Adler, national president of the Federal Law Enforcement Officers Association, called the current situation "one of those glaring inequities that needed to be addressed and fixed."

    May 27, 2014
  • Feds whose jobs put them in direct contact with the public must be treading lightly these days, Senior Correspondent Mike Causey says. That includes people at the IRS, the Social Security Administration, TSA and, right now, the Veterans Affairs Department.

    May 27, 2014
  • Memorial Day isn't a holiday as such. But it is an important time to remember people we honor on a special day like this, Senior Correspondent Mike Causey says. So we turned to a retired fed in Florida who explains what this day is all about.

    May 26, 2014
  • Sens. Ben Cardin (D-Md.) and Brian Schatz (D-Hawaii) introduced the Federal Adjustment of Income Rates (FAIR) Act Friday, calling for a 3.3 percent pay increase for federal employees for calendar year 2015. Federal employee union leaders praised the proposal, which would raise feds' pay more than the 1 percent President Barack Obama introduced in his 2015 budget proposal. The bill is similar to one introduced in March by House Democrats.

    May 23, 2014
  • Remember when you were a kid driving to or from vacation, and you kept asking are we there yet? Now you're an adult civil servant and the question du jour is: Where are the buyouts? Check out Senior Correspondent Mike Causey's column for more.

    May 23, 2014
  • A measure included in the massive Defense policy bill approved by the House Thursday would ensure agencies maintain the flexibility to bring federal retirees back on board on a part-time basis. An amendment to the 2015 Defense Authorization Act, introduced by Rep. Gerry Connolly (D-Va.), extends the authority for agency heads to rehire retirees without specific approval from the Office of Personnel Management.

    May 22, 2014