Pay & Benefits

  • White-collar federal workers on average are either overpaid by about 16 percent or paid an average of 26.3 percent less compared to their private-sector counterparts. Those numbers confirm that there is a pay gap. But that\'s about it, Senior Correspondent Mike Causey says. Could they both be right? Or wrong?

    February 13, 2012
  • Experts have long predicted a federal retirement tsunami, and the steady uptick in retirement applications across 2011 appears to bear that out. Overall, 104,810 retirement applications were filed by federal employees in calendar-year 2011, according to numbers provided by OPM — a 24 percent increase over 2010 levels.

    February 10, 2012
  • Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss how feds should prepare for retirement.

    February 10, 2012
  • You've got some thinking to do about your investments. The people who manage your Thrift Savings Plan have published draft rules for a Roth option that would let you put in after-tax money.

    February 10, 2012
  • Congress is taking a new road, literally, in its drive to trim federal retirement benefits and force civil servants to kick in more to their pension plan, Senior Correspondent Mike Causey says. This time its the so-called highway bill ...

    February 10, 2012
  • Ever since Washington, D.C., became the nation\'s capital government officials have wrestled — without much success — with what to do with government workers when it snows, Senior Correspondent Mike Causey says. Yesterday, Uncle Sam got to do a first test of a new government snow plan. So, how did it fare?

    February 09, 2012
  • American Federation of Government Employees President Jacque Simon will discuss whether your federal pay and benefits will be cut this year. February 8, 2012

    February 08, 2012
  • In the latest attempt to cut federal retirement benefits, the House Oversight and Government Reform Committee has reported out legislation that would make feds contribute more of their salaries to their pensions and end the FERS annuity supplement for people who retire before age 62.

    February 08, 2012
  • A federal worker, who boxed in college and the Army, says in the last two years he\'s gone from a happy-go-lucky fed to feeling like he\'s fighting two opponents and the referee, Senior Correspondent Mike Causey say. So can this get any worse? Short answer, maybe.

    February 08, 2012
  • Improvements to training and employee retention are increasing department workforces and saving money, agency chief human capital officers for the Education and Veterans Affairs departments said at an event Tuesday.

    February 07, 2012
  • The rollout of the Roth option for the Thrift Savings Plan, which would allow federal employees to invest already-taxed income, has long been discussed in the federal pay-and-benefits world. That launch moved another step closer, with the planned publication Wednesday of draft regulations in the Federal Register. And TSP participants will soon have more information about what the plan will look like.

    February 07, 2012
  • No matter what condition your hair is in, the vast majority of federal workers get a new wig every one, two or three years. But that may be about to change, Senior Correspondent Mike Causey says.

    February 07, 2012
  • The Thrift Savings Plan has hit an eye-popping milestone. The Thrift Savings Fund balance — the total invested across the TSP\'s 4.5 million accounts — climbed to $302.1 billion by the end of January, Tom Trabucco, the director of External Affairs at the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose.

    February 06, 2012
  • Federal unions and some lawmakers have lambasted a proposed bill that would make changes to federal retirement benefits. The \"Securing Annuities for Federal Employees Act of 2012\" is set to go before the House Committee on Oversight and Government Reform Tuesday for a markup session, in which lawmakers will be able to introduce amendments.

    February 06, 2012