Pay & Benefits
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In what’s become the administration’s evergreen budget plan, the White House has again proposed that federal workers kick in more of their salary toward their retirement plan in return for smaller lifetime annuities that are frozen when they retire.
February 12, 2020 -
No one gets paid what they deserve. But everyone deserves a little stability.
February 11, 2020 -
If history repeats itself, the budget President Donald Trump sent to Congress Monday afternoon will again be a political bombshell
February 11, 2020 -
President Donald Trump's proposed 1% across-the-board federal pay raise is an attempt to meet Congress "halfway" on the topic, as the administration also recommended more agency funding on employee performance rewards and bonuses.
February 10, 2020 -
Most people stop looking forward to birthdays after they first become eligible to drive, or vote.
February 10, 2020 -
While the USPS Fairness Act would remove an “onerous requirement” for USPS to pre-fund its retiree health benefits, the legislation by itself would do nothing to remedy the agency’s cash flow problems or its long-term financial position.
February 07, 2020 -
Somewhere out there, the person or persons who, in the late 1990s, predicted Uncle Sam was facing a massive wave of retirements may be happy at last. Or not!
February 07, 2020 -
Although the Federal Employees Retirement System (FERS) was launched in the 1980s, it is still considered the “new” plan by workers who remained in the old Civil Service Retirement System (CSRS).
February 06, 2020 -
NARFE president Ken Thomas says last year's White House budget proposal “breaks promises to both current and future retirees."
February 04, 2020 -
There are some things, persons, places, food, sports teams etc., that people either love or hate. Take teleworking.
January 30, 2020 -
With details on how it might work, and what it will mean for employees, federal employment attorney Tom Spiggle joined Federal Drive with Tom Temin.
January 23, 2020 -
Starting in the mid-1990s various experts looked at the aging federal workforce and concluded that the end, for many of them, was near.
January 23, 2020 -
The S and I funds of the TSP had bad years in 2018 but bounced back big time last year. Mike Causey asked financial planner Arthur Stein why?
January 21, 2020 -
While there is a lot of interest in those who are self-made Thrift Savings Plan millionaires, the fact is most investors will never hit seven-figure status.
January 20, 2020 -
But the one way to anger many feds is to tell them or remark that they are lucky to have such a good pension — then stand back.
January 16, 2020