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Pay & Benefits
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If you are a federal worker, did you raid your retirement fund, or sell low and buy high during the government shutdown? Senior Correspondent Mike Causey wants to know: Was it prudent or panic behavior to flee the stock market before and during the shutdown?
October 30, 2013 -
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For many feds, the shutdown seemed like a bad dream. Among its unintended consequences: It created two classes of federal workers in the same office -- the excepted vs. the expendables, Senior Correspondent Mike Causey says. So are those forced to work due a little something extra?
October 29, 2013 -
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Hardship withdrawals shot up in the first few weeks of October and thousands more employees opted to shift their investments out of higher-risk areas and into the G Fund, TSP officials said at at the board's monthly meeting Monday. During the shutdown, some 8,200 participants requested hardship withdrawals, compared to 5,500 during the same period of time last year.
October 28, 2013 -
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When it comes to investing and saving for retirement, federal workers are at the head of the class. TSP average balances are fast-approaching the 6-figure mark.
October 28, 2013 -
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You work for Uncle Sam. You are young, healthy and immortal. Who needs health insurance? Well, you may be in for a surprise, Senior Correspondent Mike Causey says.
October 25, 2013 -
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Rep. Darrell Issa (R-Calif.) introduced a bill that would open up the federal health program to all Americans, but one federal employee union has come out to oppose it and benefits experts question how much it would cost.
October 24, 2013 -
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Key politicians from both parties have said never again will there be a government shutdown like the farce of 2013, Senior Correspondent Mike Causey reports. So if it is safe to write the shutdown's obituary, where would you start?
October 24, 2013 -
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Financial planner Arthur Stein will discuss what you can do to protect your assets in the event of another government shutdown, and Sean Reilly will talk about the possibility of another shutdown, and what's ahead for feds. October 23, 2013
October 23, 2013 -
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Top politicians have vowed there will be no more shutdowns. But they've said that before, including as recently as this month, Senior Correspondent Mike Causey says. So what can you do if there's a repeat performance?
October 23, 2013 -
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Whatever the political purpose of the shutdown, it apparently didn't work. It amounted to a 16-day paid vacation for a lot of federal workers and lost income for lots of people, Senior Correspondent Mike Causey says. So what did you do?
October 22, 2013 -
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Much of the shutdown news focused on its impact on Washington and shuttered national parks. But many smaller communities have taken a deeper, more permanent hit, Senior Correspondent Mike Causey says.
October 21, 2013 -
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A tally totaling the costs of the government shutdown on the Defense Department only includes lost work-hours from civilian furloughs, not additional government costs from interest payments, contract delays or other impacts from the shutdown. AFGE and NTEU are asking agencies to speed up back pay to federal workers.
October 18, 2013 -
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During the shutdown, traffic in the Washington area remained awful, alcohol sales were up and lots of people jumped into online dating, Senior Correspondent Mike Causey says. So how was it where you live and work? Was it a financial nightmare or a surprise paid vacation?
October 18, 2013 -
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The bill passed by Congress reopening the federal government after a two-week shutdown grants retroactive pay for furloughed federal workers and clears the way for all federal employees to receive a 1 percent pay raise in January. The continuing resolution, which funds government operations through Jan. 15, also grants agencies some spending flexibilities to avoid sequestration-related furloughs over the next few months.
October 17, 2013
