Retirement
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Individuals in some positions can apply to retire as NASA focuses on reshaping its workforce. NASA will cap severance pay at $25,000.
July 09, 2012 -
For the third straight month, the Office of Personnel Management received fewer federal retirement claims than projected, according to monthly federal retirement data. OPM also met its processing goals for the month and the longstanding backlog of claims has fallen by 21 percent since January.
July 05, 2012 -
But the Office of Personnel Management is prodding federal employees to also think about financial freedom — especially in retirement. As part of its Retirement Readiness Now series, OPM compiled a list of four things feds should do to start getting a handle on their future retirement. Tammy Flanagan, the senior benefits director at the National Institute of Transition Planning, discussed the tips on In Depth with Francis Rose.
July 03, 2012 -
All 10 Thrift Savings Plan funds finished the month of June with positive figures, ending a several month slide into the red. The I Fund grew from -11.40 percent in May to 7.08 percent on June 30.
July 03, 2012 -
Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.
July 02, 2012 -
Host Mike Causey will talk estate planning with attorney Tom O'Rourke, and long term care with Paul Forte and Mary Lou McGuiness of Long Term Care Partners. June 27, 2012(Encore presentation July 4, 2012)
June 27, 2012 -
Defense Department employees have had to wait longer than other feds but this week they're getting their chance.
June 26, 2012 -
A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.
June 26, 2012 -
Portions of last week's interview with TSP Executive Director Greg Long about the TSP hack attack will be re-aired this week. Also, Steve Watkins and Sean Reilly from the Federal Times join host Mike Causey to talk about the status of legislation pending in Congress that affects federal workers. June 20, 2012
June 20, 2012 -
Which occupational group has the worst nightmares: alligator wrestlers or federal workers? Thw answer might surprise you, Senior Correspondent Mike Causey says.
June 19, 2012 -
Part-time work will be available to postmasters eligible for optional retirement and those under the current Voluntary Early Retirement offering. Participation will not affect annuity payments.
June 18, 2012 -
The service launched a new portal to let civilian workers prepare for retirement, request a retirement estimate and acquire the necessary paperwork to pay a military or civilian deposit.
June 15, 2012 -
NARFE president Joseph Beaudoin and Federal Times reporters Stephen Losey and Sean Reilly join host Mike Causey to talk about a wide variety of issues affecting federal workers. June 6, 2012
June 06, 2012 -
Federal retirement claims rose last month but, for the second consecutive month, the Office of Personnel Management received fewer claims than it expected. OPM also made its monthly processing goals and continued to make progress cutting back a longstanding backlog of retirement claims.
June 05, 2012 -
Eight of the 10 Thrift Savings Plans posted negative numbers for the month of May, with the two funds posting positive numbers sliding slightly as well.
June 04, 2012