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On Air: Federal News Network
Pay & Benefits
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The Federal Retirement Thrift Investment Board is eyeing another potential tweak to the Thrift Savings Plan's Lifecycle Funds — their name. Lifecycle Funds, also known as L Funds or target-date funds, are made up of a mix of the five core TSP funds that shifts over time. But board members are concerned the "fund" label may be confusing to TSP participants. In its place, the board is considering changing the name to "Lifecycle strategies."
February 24, 2014 -
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An administration official confirmed the decision to ask Congress in the fiscal 2015 budget request expected on March 4 for another slight increase.
February 24, 2014 -
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Unless somebody is reading this to you in your hospital room, you made it through winter, Senior Correspondent Mike Causey says. At least so far. Cold, snow, ice in the east, drought in the west. Washington lost its title as the "Winter Weenie" capital of the country. Feds elsewhere were too busy fighting Old Man Winter to make fun of us. So how did we do it? Feds tell us what they had in their survival kit.
February 24, 2014 -
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Could political gridlock save you up to $48,000 in retirement? It could if it blocks a politically explosive plan to trim future cost-of-living adjustments for retirees, Senior Correspondent Mike Causey says.
February 21, 2014 -
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Today's announcement that President Barack Obama would not be including a proposal to calculate cost-of-living changes to federal retirement rates in his 2015 budget should be welcome news to federal employees, legislators and federal-employee support groups who opposed it.
February 20, 2014 -
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Proposals to make it much easier to discipline, demote or fire your career boss are rattling the top rank of the government, Senior Correspondent Mike Causey says.
February 20, 2014 -
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Senior Executives Association President Carol Bonosaro, and Federal Timres reporters Sean Reilly and Andy Medici, will discuss legislation introduced in the U.S. House, that would make it easier for agency leaders to fire senior executives. February 19, 2014
February 19, 2014 -
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More than 100 members of the House and a dozen outside groups have signed on to a letter to President Barack Obama from Rep. Allyson Schwartz (D-Pa.) requesting that the upcoming White House budget not include a proposal to alter the way retirees' cost-of-living adjustments are calculated. The National Active and Retired Federal Employees Association, the American Federation of Government Employees and the Military Officers Association of American have signed on in support of the letter.
February 19, 2014 -
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Would your life be better off if your top career boss had a little less job security? Senior Correspondent Mike Causey asks. Or would that put you between a political rock and a hard place?
February 19, 2014 -
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After years of suffering the slings and arrows of our fellow Americans, those of us who live and work in and around the Beltway can stand tall, Senior Correspondent Mike Causey says: We are no longer the "Winter Weenie Capital" of the United States.
February 18, 2014 -
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Another holiday, another big East Coast snowstorm, notes Senior Correspondent Mike Causey. So how are you spending this holiday? At home, at work or stuck by the roadside?
February 17, 2014 -
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Now that early-outs and buyouts are popping up in various agencies, the obvious question, for younger and older workers is: What's in it for me? Unlike the one-size fits all buyouts of the 1990s, the new version is tailor-made to individual groups, grades and regions, Senior Correspondent Mike Causey says.
February 14, 2014 -
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Do you envy your colleagues who telework from home — no traffic, no hassle, even no clothes at times? Well, maybe you should consider what they are doing when you are permitted to stay home, Senior Correspondent Mike Causey says.
February 13, 2014 -
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Benefits expert John Elliott, with the National Institute of Transition Planning, is our guest. He talks about what you should be doing to prepare for retirement at all career levels: as a new fed, in mid-career and as you approach retirement. February 12, 2014
February 12, 2014
