Retirement
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The U.S. Postal Service will not be offering any new buyouts in the near future, according to Anthony Vegliante, the agency's chief human resources officer. USPS offered three different buyouts in 2012. In an exclusive interview with Federal News Radio, Vegliante said the Postal Service will drop to around 500,000 employees by the end of January due to multiple consolidation efforts at the agency.
November 07, 2012 -
For the fourth straight month, the number of federal employees filing for retirement has outstripped the Office of Personnel Management's expectations, according to new data released by the agency. OPM also beat its projections for processing retirement claims.
November 06, 2012 -
Trish Gilbert, executive vice president of the National Air Traffic Controllers Association, joins host Mike Causey on today's show. Mike will also talk about the upcoming elections with writers from the Federal Times. October 31, 2012
October 31, 2012 -
Federal employees can contribute a maximum of $17,500 annually to their Thrift Savings Plan next year — up from the $17,000 limit this year, according to the IRS.
October 24, 2012 -
Employees have until Nov. 9 to apply for a Voluntary Incentive Separation Payments (VSIP) and they must leave the agency by Dec. 31. Employees have until Nov. 30, 2013, to apply for a Voluntary Early Retirement Authority.
October 22, 2012 -
Currently, more than 70 percent of postal craft employees have already reached the top of their pay scale, according to the USPS Office of the Inspector General.
October 17, 2012 -
The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 56 million Social Security beneficiaries, according to the Social Security Administration. Social Security recipients received a 3.6 percent increase in benefits this year after getting none the previous two years.
October 16, 2012 -
Federal, postal and military retirees are about to get an inflation-adjustment. That's the good news. The bad news is that it will be a diet- version and, for most, leave a very bitter aftertaste, Senior Correspondent Mike Causey says.
October 16, 2012 -
What's your worst nightmare? How about Dracula, Frankenstein and Nick Nolte appearing in your bedroom? Or is it the long-predicted retirement tsunami? Because maybe, after 13 years of building up, it's on its way, Senior Correspondent Mike Causey says.
October 15, 2012 -
Host Mike Causey and his guests will be talking about cases of workplace violence in the federal government, how you could be affected by an increase in retirement applications, and how one organization feels about sequestration. October 10, 2012
October 10, 2012 -
No matter what your rank or job is or where you work, in the end you will wind up buried in a limestone mine in a remote corner of Pennsylvania, Senior Correspondent Mike Causey says. And once you retire it could be a long time before you see your first full annuity payment. But things seem to be getting better.
October 09, 2012 -
For three months in a row, the number of federal retirements has exceeded what the Office of Personnel Management projected. OPM estimated it would receive 7,000 retirement claims in September. The actual number of claims the personnel agency received was 11,952.
October 05, 2012 -
Do you have something that is shrinking with age? If you are with the Postal Service, its the size of your buyouts, Senior Correspondent Mike Causey says. They are getting smaller all the time. Is this a trend feds in other agencies need to watch? Is it the precursor of an offer you can't refuse.
October 04, 2012 -
Federal News Radio Executive Editor Jason Miller and Federal Times Senior Writers Stephen Losey and Sean Reilly join host Mike Causey to talk about phased retirements, sequestration and more. October 3, 2012
October 03, 2012 -
Two years into a three-year pay freeze, thousands of retirement-eligible feds are doing the math and concluding that maybe they would be better off retired and getting inflation adjustments rather than working at their 2010 salary rate, Senior Correspondent Mike Causey says. So what's in it for you?
October 03, 2012