John Grobe, president of Federal Career Experts, will answer your calls and emails about possible changes to your pay and benefits package. June 26, 2013(This show originally aired June 12, 2013)
We've been hearing for a dozen years about the upcoming federal retirement tsunami, when thousands of baby boomers with years of technical expertise leave the federal service for the golf courses and RV parks of retirement communities. But timing the retirement wave can be tricky.
On this week's Your Turn program, Mike interviews Paul Forte with Long Term Care Partners and retirement expert Stan Hinden. (This show originally aired June 5, 2013.)
John Grobe, president of Federal Career Experts, will answer your calls and emails about possible changes to your pay and benefits package. June 12, 2013
The good news is that phased retirement is here at last. OPM has issued the draft regulations that will permit some people to transition into retirement. The not-so-good-news is that phased retirement isn't for everybody, Senior Correspondent Mike Causey says. You may want it, but does it want you?
The Office of Personnel Management's efforts to process retirement claims and reduce a longstanding backlog slipped last month, after the agency was forced to cancel employee overtime because of automatic budget cuts. OPM processed 10,954 claims in May, according to new data, 546 fewer than it had projected. That's only the third time in the past 16 months - since the agency rolled out a new plan for clearing the backlog — that OPM failed to hit its processing goal.
Federal employees who choose to retire part-time and return to federal service under a new phased-retirement option will have to spend at least 20 percent of their time on mentoring activities, according to proposed rules from the Office of Personnel Management, which were released today in the Federal Register
In this special Federal Drive panel discussion, guest experts discuss the impending retirement wave and how agencies can plan effectively for the loss of experience and knowledge when their long-time employees head for the experts.
Even though a massive federal retirement tsunami has been a no-show, even a moderate uptick in retirements could pose challenges for agencies -- especially as they face decreasing budgets and declining staffs. In part three of our special report, "Retirement Conundrum," Federal News Radio examines how agencies plan to retain institutional knowledge and fill critical skills gaps as longtime employees head for the exits.
Feds who are already retired (and those who plan to retire someday soon) have several worries, Senior Correspondent Mike Causey says. For those about to take the plunge, the concern is the backlog of applications at the Office of Personnel Management. For those already on the roles the fear is that future benefit increases will be downsized each year.
Not that long ago, the Office of Personnel Management faced a crisis in processing retirement claims. In part two of our special report, "Retirement Conundrum," Federal News Radio examines how OPM set out to beat its backlog, and how it can stay ahead of an unexpected surge in claims amid automatic budget cuts that threaten to derail progress.
According to Office of Personnel Management statistics, the pipeline of up-and-coming federal employees is well-stocked. Nearly 30 percent of the current federal workforce is under age 40, and the number of younger federal employees is…
NARFE legislative director Jessica Klement and Federal Times writer Stephen Losey, join host Mike Causey to talk about the self-plus-one health plan option and the chained CPI. May 29, 2013
Today’s federal workforce is older than it was a decade ago and many more federal employees are nearing the end of 30- and 35-year careers. The chart below shows the growing number of both in…
A recent uptick in the number of federal employees filing for retirement, has fueled renewed speculation of a governmentwide brain-drain as droves of senior employees start heading for the exits. In fiscal 2012, 69,215 federal…