As of Monday, active-duty members of the Army, Navy and Air Force can now participate in the Roth Thrift Savings Plan option.
The service will offer $15,000 incentive that would be paid out over two installments to retirement-eligible employees.
NARFE Director of Benefit Services David Snell and Steve Watkins and Sean Reilly of the Federal Times will talk about issues that could affect your retirement. September 19, 2012
OPM made changes to successfully chip away at an ongoing inadequacy, but the progress came after years of complaints from retired federal employees and urgings from lawmakers. Federal News Radio speaks with David Snell, director of retirement services for the National Active and Retired Federal Employees Association as part of the special report, The Obama Impact: Evaluating the Last Four Years.
Unless you get a better job offer or die first, odds are you will probably retire from the federal government. And that can be a very good deal, Senior Correspodent Mike Causey says. But the start of the so-called Golden Years can be rough on your standard of living.
Congress is turning to federal pay and benefits to find cost savings. To sort out all the proposals for you, Federal News Radio compiled a list of the bills that could affect your compensation. This list will be updated regularly with status changes and the addition of new bills.
What's the difference between a pay raise for active-duty federal workers and a cost-of-living adjustment for retirees and Social Security beneficiaries? This time around it's about 1.38 percent, Senior Correspondent Mike Causey. So who's the winner?
Looking for something to take your mind off the pending pay freeze extension? If so, consider the prospect of higher taxes, lower take-home pay and higher health insurance premiums, Senior Correspondent Mike Causey says.
Among six federal agencies surveyed, few are using a defense waiver allowing partially retired workers to collect a salary and their full pension benefit, a new Government Accountability Office report says.
Senior Correspondent Mike Causey wants to know: Has the long-feared retirement tsunami hit the federal government? And if so, could the so- called brain drain be a career life-saver for tens of thousands of unemployed or under employed millennials?
If Uncle Sam really drives off the sequestration cliff in January, Senior Correspondent Mike Causey wants to know: Do you have a job parachute?
Federal employees submitted nearly 9,000 retirement claims in August - more than in any other month besides January, which typically sees a wave of feds taking retirement. The Office of Personnel Management received 8,973 retirement claims in August, nearly a thousand more than it projected. The agency processed 11,896 claims, also surpassing its goals.
Kim Weaver, director of the Federal Retirement Thrift Investment Board, told In Depth with Francis Rose feds will soon be able to access videos online explaining some of the more complicated aspects of their Thrift Savings Plan accounts.
What do you see when you look in the mirror? Is it a dedicated IRS auditor, a serious federal agent or a compassionate VA employee? Or, do you have a Charles Dickens moment and spot the ghost of Christmas Future - you after you have retired? While feds have mostly held on to their jobs, things could change quickly, Senior Correspondent Mike Causey says.
Jenny Mattingley hosts of roundtable discussion of legislation pending in Congress that affect federal workers. August 24, 2012