Pay & Benefits
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The defined pension plan has been a remarkably durable feature of federal civil service for a long time. But noise coming from the 115th Congress suggests big changes for the pension system. Higher employee contributions and even ending the defined benefit pension plan altogether are on the table. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, shares her insight on Federal Drive with Tom Temin.
January 17, 2017 -
DoD presented a plan to lawmakers last month to consolidate 32 reserve duty statuses into just four. For years reservists received differing pay and benefits depending on which of the duty statuses their orders fell under, causing a bureaucratic mess and gaps in benefits.
January 16, 2017 -
Defense legislation signed into law by President Barack Obama in December will reverse decades-old mistake of tax withholding from veterans with combat-related disabilities.
January 13, 2017 -
The Congressional Budget Office recently published its annual predictions for Social Security. No surprise, it found the cherished program will go broke in a few years, unless Congress changes the rules or raises taxes. Brenton Smith, founder of an organization called Fix Social Security Now, isn't so sure. He's been studying the program for years and joins Federal Drive with Tom Temin with some ideas.
January 13, 2017 -
Roger Waldron, president of the Coalition for Government Procurement, discusses a critical issue driving unnecessary costs and other inefficiencies in the government’s purchase of products, including pharmaceuticals.
January 13, 2017 -
At the dawn of a new year, celebrate new beginnings with FEDtalk this Friday. January 13, 2017
January 12, 2017 -
President Obama's 2.1 percent pay hike may be the last feds see for awhile from Congress, says Jeff Neal, former DHS chief human capital officer.
January 10, 2017 -
As Air Force Secretary Deborah Lee James closes out her tenure, she is setting up a new Air Force Digital Service.
January 06, 2017 -
If one of your New Year's resolutions is to improve your financial picture, Senior Correspondent Mike Causey says federal workers should start with their Thrift Savings Plan.
January 05, 2017 -
As military financial literacy continues to fall, Suze Orman is stepping in to offer her services to troops.
January 04, 2017 -
Financial planner Arthur Stein shares his thoughts on the stock market's recent surge and what it means for your Thrift Savings Plan. January 4, 2016
December 31, 2016 -
The Air Force is selecting its biggest class ever to participate in the Career Intermission Program.
December 29, 2016 -
The Air Force will implement a new civilian evaluation system next spring to increase communication between supervisors and employees.
December 28, 2016 -
Attorney Tom O'Rourke joins host Mike Causey on this week's Your Turn to answer your estate planning questions. December 28, 2016
December 26, 2016 -
The 2017 defense authorization bill increases the amount DoD workers get for leaving their jobs by $15,000. The bill, signed into law by President Obama on Friday, provides up to $40,000 in retirement incentives for eligible civilian employees.
December 26, 2016