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The Office of Personnel Management received about 1,000 fewer claims than it expected in September. Compared to the last several months, the agency is processing an increasing percentage of retirement claims, 82.3 percent, within 60 days.
A huge pile of investment capital -- $420 billion-plus and growing daily -- is begging to be rescued by a private sector suitor, says Senior Correspondent Mike Causey. The money is 4.6 million Thrift Savings Plan accounts held by current, retired or former federal and postal workers and military personnel.
Federal workers are pretty savvy about investing for retirement, says Senior Correspondent Mike Causey. The Thrift Savings Plan now has more than 4.6 million account holders and is worth more than $420 billion.
A new menu of services is under consideration for participants in the Thrift Savings Plan. The TSP now has the results from a survey (and focus groups) to help them understand why people who leave government take all their money out of their accounts. Kim Weaver is director of external affairs for the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained who the TSP surveyed and why they asked.
After rebounding in August, nearly all of the federal Thrift Savings Fund accounts posted negative numbers at the end of September. Despite this one-month dip, year-to-date percentages remain positive.
The Office of Personnel Management answers federal employees' questions about phased retirement, diversity, recruitment and training, morale, pay, and more.
The Federal Retirement Thrift Investment Board conducted a survey to find out why so many former feds are withdrawing all the money from their Thrift Savings Plan accounts so soon after retirement.
Pay, pensions and health insurance premiums are all going up in the next several months. But definitely not at the same rate, says Senior Correspondent Mike Causey. White collar workers know what their January 2015 raise will be. But the cost of living adjustment for retirees is still to be decided, and new (and in some cases higher) health premiums will be unveiled in October.
Senior Correspondent Mike Causey wants to know, do you believe our government is telling the truth or concealing details about some very important things, like retiree COLAs?
Nearly half of all Thrift Savings Plan participants close their accounts when they leave government. Senior Correspondent Mike Causey explains why.
Host Mike Causey discusses the new phased retirement option with NITP Senior Benefits Director Tammy Flanagan. September 24, 2014 (This show originally aired Sept. 10, 2014.)
Federal retirees will soon know their cost of living adjustment for January 2015. The bad news is, it might be lower than they were hoping, says Senior Correspondent Mike Causey.
Over the past several years, the number of federal workers will million-dollar Thrift Savings Plan accounts has jumped dramatically. That's due, no doubt, to the surging stock market, and some TSPers who stayed the course through tough times, says Senior Correspondent Mike Causey.
Some people go outside the TSP because they want to have a wider choice of investment options. Would you do the same? asks Senior Correspondent Mike Causey.