Pay & Benefits

  • The Pentagon has unveiled details of a 10-year strategy for defense cuts — including reductions in military pay and benefits. But before any large-scale changes are made, service members should be given a chance to voice their opinions of their compensation packages, the Center for Strategic and Budgetary, a prominent defense think tanks argues. \"The Pentagon is already starting to move to make changes in the compensation system,\" said CSBA senior fellow Todd Harrison. \"And basically our point here is before we start tinkering with things, before we start making changes we need to understand first how service members actually view different parts of their compensation package.\"

    January 27, 2012
  • Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss recent proposals on federal retirements.

    January 27, 2012
  • The Pentagon begins the process of revealing its budget plan for fiscal year 2013. The proposal includes the scaling back of several weapons systems, savings on personnel costs, along with an assurance from top DoD officials that even though the military will be smaller, it will be more agile and more capable.

    January 27, 2012
  • The Office of Personnel Management received more the 15,000 new retirement applications this month. Ed Zurdorfer, registered employee benefit consultant, offers some advice on how federal employees can make the road to retirement less stressful.

    January 27, 2012
  • The Federal Drive spoke with a panel of experts about the lessons learned from NSPS and the future of pay-for-performance in the federal government. Pat Tamburrino, Deputy Assistant Secretary of Defense, Civilian Personnel Policy Patrick Nealon, Director of Deloitte Consulting LLP\'s Federal Total Rewards practice Bob Tobias, former member of the Defense Business Board task group that studied NSPS

    January 27, 2012
  • While many federal workers are worried about their future retirement benefits, some experts say that a possible change in pension rules wouldn\'t be that big a deal, Senior Correspondent Mike Causey reports ... or would it?

    January 27, 2012
  • The National Treasury Employees Union has denounced a Senate bill reforming the Postal Service because it would also reduce benefits under the federal workers\' compensation program.

    January 26, 2012
  • Many times in life we are faced with options — sometimes a variety — and none of them are good. That\'s definitely true for current and retired federal government workers, Senior Correspondent Mike Causey says.

    January 26, 2012
  • For nearly a decade, some lawmakers and union officials have raised concerns about the United States Capitol Police\'s pay and retirement benefits, arguing they don\'t stack up to other federal police forces and make recruiting and retaining difficult. But a new Government Accountability Office report finds the hand wringing over stingy retirement benefits may be unwarranted.

    January 25, 2012
  • Benefits expert Tammy Flanagan and Federal Times senior writer Sean Reilly will explain how feds could be affected by cuts to the federal budget. January 25, 2012

    January 25, 2012
  • Lawmakers should keep their hands off federal employees\' retirement plans, National Active and Retired Federal Employees Association Director of Retirement Benefit Services David Snell said at a hearing of the House Oversight and Government Reform Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy. The subcommittee is considering a slew of bills aimed at reducing federal pensions for both lawmakers and rank-and-file workers.

    January 25, 2012
  • When there is a major weather event in the Washington, D.C., area, feds in other cities watch, in horror and/or amusement. Like Monday when OPM tested its brand-new foul weather policy, Senior Correspondent Mike Causey says.

    January 25, 2012
  • It\'s not the easiest time to tackle the growing backlog of retirement applications from federal employees. The Office of Personnel Management has received more than 15,000 new applications this month, which is more than double the normal load, said Retirement Services Director Ken Zawodny.

    January 24, 2012
  • The Government Printing Office has announced more than 300 employees left the agency in the second half of 2011, mostly because of the buyouts and early retirements the agency offered last year. GPO\'s workforce is now stands at its lowest levels in a century, the agency said in a release.

    January 24, 2012