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Pay & Benefits
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A final rule by the Office of Personnel Management changes the calculation for annuities for surviving spouses of deceased federal employees.
August 23, 2011 -
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Part-time federal employees are now eligible for an additional 25 percent above their basic pay rate for work done on Sundays, according to an OPM final rule published today.
August 23, 2011 -
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Defense Secretary Leon Panetta said any changes to military retirements won\'t affect current service members. The Pentagon is considering proposals made by the Defense Business Board last month that would replace the current system with a 401-K-style plan.
August 23, 2011 -
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How do you improve diversity in government when personnel budgets are being cut and the largest, and most diverse agency plans to slash its workforce, Senior Correspondent Mike Causey wonders. The answer: Creative accounting and buyouts.
August 23, 2011 -
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Tom Trabucco, director of external affairs at the Federal Retirement Thrift Investment Board, explains the difference on the return of the investment for people who constantly changed compared to people who held steady.
August 22, 2011 -
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Tired of the steady stream of news and speculation about pay freezes, buyouts, layoffs, watered-down pensions and eroding benefits? Take a break. Look around you and be amazed because it\'s time, and there is no escape for you, Senior Correspondent Mike Causey says. The thongs are coming!
August 22, 2011 -
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Federal workers won\'t be getting a pay raise in January but federal retirees are likely to get a cost of living adjustment in the neighborhood of 3.5 percent ... So what\'s to prevent people from retiring to get their COLA? Mike Causey explains why it won\'t work.
August 19, 2011 -
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The Postal Service has begun contract negotiations with the National Association of Letter Carriers and the National Postal Mail Handlers Union. Last week USPS said it would ask Congress to let it break union contracts in order to lay off workers and take control of its health care and retirement plans.
August 18, 2011 -
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Ed Zurndorfer, a registered employee benefit consultant, joined the Federal Drive to discuss federal retirement tips.
August 18, 2011 -
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Chances are your federal agency is going to be down-sized or right-sized in the very near future, Senior Correspondent Mike Causey says. So what does that mean? And how to you keep your head (and your job) while all this is going on?
August 18, 2011 -
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Federal Times senior writers Steve Losey and Sean Reilly look at the laundry list of hits feds and retirees may be asked to take and what it would mean to your time in government, your pay and your pension.
August 17, 2011 -
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The gap in pay between genders is smaller in the federal government than in the private sector, but the Office of Personnel Management and the Equal Employment Opportunity Commission have reaffirmed their vow to reduce the remaining discrepancy in pay between men and women.
August 17, 2011 -
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Thanks to the pay freeze and an increasingly hostile Congress, many federal and postal workers said they\'d retire in a heartbeat if Uncle Sam would make them an offer, Senior Correspondent Mike Causey reports. So what are the odds...
August 17, 2011 -
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Diane Braunstein is the associate commissioner of the Social Security Administration\'s Office of International Programs.
August 16, 2011
