Pay & Benefits

  • If other-world aliens landed next to your building and said "take me to your leader," would you head for Washington, your state capital or your boss on the top floor? Also, Senior Correspondent Mike Causey wants to know: how did the government once manage to slash the number of managers almost overnight?

    January 15, 2014
  • The $1 trillion, 1,500-page spending bill unveilved Monday night ends the three-year pay freeze for blue-collar federal employees under the wage-grade system.

    January 14, 2014
  • Thanks to some surgical budget-cutting by Congress and the White House, Uncle Sam now has a three-tiered retirement plan: First-, second- and third-class where the service is the same but the price tag is higher for some than others.

    January 14, 2014
  • Last spring, as across-the-board budget cuts roiled through agencies across government, the White House decided to cancel the monetary portion of the Presidential Rank Awards, which granted recipients as much as 35 percent of their salary in a one-time bonus. But the White House maintained it was "focused on finding means to acknowledge excellence in non-monetary ways." The Senior Executives Association (SEA), in a statement released Monday said it still hasn't heard from President Barack Obama on those alternatives.

    January 13, 2014
  • Thanks to a portion of the media and many politicians, a lot of federal and postal workers have a low opinion of themselves. But when you crunch the numbers, feds are significant players in the stock market and in the net worth department, Senior Correspondent Mike Causey says. Crunch your own numbers.

    January 13, 2014
  • Want to lose weight, pack on muscle and become more tech savvy? Uncle Sam has this magic plan in the works, Senior Correspondent Mike Causey says. When approved, it will benefit young and old alike.

    January 10, 2014
  • The General Schedule worked well when half of Federal employees were GS-5 and below and most of the rest of the workforce was spread out over the remaining grades. Today, 7.4 percent of the Federal workforce is GS-5 and below.

    January 09, 2014
  • It's been so cold this week that Washington, D.C. has -- temporarily -- lost its title as Wimp City USA. Places like Chicago, Minneapolis and Boston, tough towns, also surrendered to the frigid arctic weather blast, Senior Correspondent Mike Causey says. So how cold was it?

    January 09, 2014
  • The exodus of employees from the federal workforce was a big story this past year: More federal employees retired in 2013 than the year before, providing grist for the mill for predictions of a coming federal retirement wave. Meanwhile, the Office of Personnel Management's efforts to clear a longstanding backlog of new retirement applications faced hurdles because of the steep sequestration budget cuts that hit government. Federal News Radio parsed through the data over the past year. In the series of charts and graphs below, track the latest trends.

    January 08, 2014
  • If you are a Thrift Savings Plan investor in any of the stock funds, give yourself a pat on the back ... and purse or wallet, Senior Correspondent Mike Causey says. Because everything is gold, except gold itself....

    January 08, 2014
  • Financial planner Arthur Stein will answer your questions about the TSP, and Federal Times writers Andy Medici and Nicole Blake Johnson will discuss what's ahead for feds in 2014. January 8, 2014

    January 07, 2014
  • Is 2014 shaping up to be the year you get your first promotion in a long time? Senior Correspondent Mike Causey says you should check out what could be a retirement surge in February.

    January 07, 2014
  • Sen. Ron Johnson (R-Wis.) has filed a lawsuit against Katherine Archuleta, the head of the Office of Personnel Management, seeking to overturn an OPM regulation that allows lawmakers and their staffs to continue receiving government contribution toward their health insurance premiums. Under the 2010 Affordable Care Act, lawmakers and their staffs were booted from the Federal Employees Health Benefits Program (FEHBP), under which the government typically kicks in about three-fourths of the cost of federal employees' premiums, and required to purchase health insurance on the federal exchange.

    January 06, 2014
  • Fewer federal employees filed for retirement in December than in any month in nearly the last two years, according to updated statistics from the Office of Personnel Management. Just 4,952 federal employees filed for retirement in December. But even with fewer employees retiring in December, OPM's retirement processing failed to keep pace with projections. The agency had expected to process 11,500 retirement cases but actually ended the month clearing a little more than 6,440.

    January 06, 2014