Retirement
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A lot of people are saying that the relentless wave of retirements is a threat to the health of the federal workforce. But there's a problem on the other end of the age spectrum too -- OPM data shows there's been a sharp drop in the number of federal employees under the age of 30 over the last few years. As of last year, those younger workers made up just 8 percent of the workforce. Jeff Neal is senior vice president of ICF International and former chief human capital officer at the Department of Homeland Security. He explained the numbers behind the issue on In Depth with Francis Rose.
July 10, 2014 -
Benefits expert John Elliott will discuss what you should be doing to prepare for retirement, and OPM Director Katherine Archuleta will talk about the status of phased retirement, the retirement-claims backlog and other civil service issues. July 9, 2014
July 09, 2014 -
Two letters sent from Capitol Hill in call for the Office of Personnel Management to explain why it's taking so long to release final phased retirement regulations, and demand a revised timeline for action. Phased retirement was passed into law two years ago this week.
July 07, 2014 -
The Office of Personnel Management received fewer claims in June, but it continued to whittle away at its claims backlog.
July 07, 2014 -
Two more agencies recently announced they'll be offering buyouts. Who are they and what do the buyouts look like? Federal News Radio's Web Manager Julia Ziegler joined Tom Temin on the Federal Drive with details.
July 07, 2014 -
Is there life after government service? Short answer: Yes. A retired fed tells how his agency's bureaucratic ways turned him into a late-blooming "R.O.M.E.O.," gave him a life-long friend and introduced him to the man who shared a North Vietnamese prison cell with Sen. John McCain.
July 07, 2014 -
NITP Senior Benefits Director Tammy Flanagan will answer your retirement questions. July 2, 2014
July 02, 2014 -
As part of an ongoing effort to reduce costs, the Postal Service will offer early-outs and buyouts to more than 3,000 postmasters. Those who accept will leave the agency Sept. 30 -- the last day of fiscal 2014.
July 02, 2014 -
The Thrift Savings Plan continued a summer winning streak through June, with all funds in federal employees' 401(k)-style retirement accounts finishing out the month in positive territory, according to new data from the Federal Retirement Thrift Investment Board. It's the second month in a row all funds have finished in the black.
July 01, 2014 -
When you go from intern to top manager and then, later, to retiree, you learn a lot. Today we hear from a NARFE local president who says the phased retirement program, when it starts, could be a great thing for young workers and old-timers, too.
June 30, 2014 -
Financial advisor Arthur Stein will answer your calls and emails about the TSP, and CBS MoneyWatch Columnist Allan Roth discusses what you can do to maximize your TSP investments. June 25, 2014
June 25, 2014 -
If you are contemplating retirement, there are lots of things to consider: Your health, goals, new income level and where you want to live. There is also one word you need to start using, according to a recent Forest Service retiree. That magic word: No!
June 25, 2014 -
Your new employees start in the Thrift Savings Plan automatically now and they contribute to an account that's invested in the G Fund. But that may change soon. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She said on In Depth with Francis Rose the Senate Homeland Security and Governmental Affairs Committee is ready to look at legislation that will start off new federal employees with a different investing strategy.
June 24, 2014 -
Boosted by a recovering economy and a booming Wall Street, assets in the Thrift Savings Plan have continued to climb. Since reaching $400 billion in February — the highest amount ever recorded — assets under TSP management grew to more than $412 billion by the end of last month. But as total assets have increased, so have calls to tweak the program that's provided federal employees with 401(k)-style retirement accounts since 1987. Still, the TSP has consistently resisted calls to modify its simplified, tried-and-true structure.
June 23, 2014 -
On this week's Your Turn radio show, an encore presentation of host Mike Causey's interview with OPM Director Katherine Archuleta. She discusses the status of phased retirement, the retirement-claims backlog and other civil service issues. Andy Medici from the Federal Times joins the show live to discuss President Obama's executive order banning discrimination among LGBT employees of contractors. June 18, 2014
June 18, 2014