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
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.
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.
In July 2011, a computer owned by TSP contractor Serco was accessed by an unauthorized party. The Federal Retirement Thrift Investment Board was notified of the attack by the FBI in April of this year.
One senator is questioning why it took nine months for the Thrift Savings Plan board to find out about a sophisticated cyber attack that compromised 123,000 TSP participants' accounts. Sen. Susan Collins (R-Maine) also wants to know why Congress wasn't informed of the breach until more than a month after it was reported to the board.
Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey. May 30, 2012
Tom Temin, of the Federal Drive, has an in depth discussion with the experts and users about the My HealtheVet program. He reviews the clinical applications of the new upgraded system and what that means for Veterans today and for the future.
Host Mike Causey will talk about several issues affecting federal workers with Bill Bransford, general counsel of the Senior Executives Association and Steve Watkins and Stephen Losey of the Federal Times. May 23, 2012
Joan Melanson from Long Term Care Partners and retirement benefits specialist James Marshall will talk about the retirement and insurance options that feds should consider. May 18, 2012
Do you know the difference between a Roth IRA and the Roth TSP option? Because if you don't, it could cost you thousands of dollars in taxes and in future income when you retire, Senior Correspondent Mike Causey says.
Sen. Daniel Akaka (D-Hawaii) introduced legislation Monday that would automatically increase new federal employees' contribution rate to their federal 401(k) style Thrift Savings Plan. the "Save More Tomorrow Act," would automatically escalate the contribution annually by 1 percent for the two years following enrollment. That gradually raises the contribution rate to 5 percent, making employees eligible for matching contributions from their agencies.
Is Prohibition, which ended in 1933, coming back to federal offices? Will root-beer-based martinis be the new drink of choice of federal party-goers? Senior Correspondent Mike Causey wonders: Has it already started?
If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.
The GOP-controlled House passed legislation Thursday requiring federal workers to contribute more toward their retirement. The Sequester Replacement Act of 2012 proposed gradually increasing federal employees' pension contributions by 5 percent over five years as an alternative to sequestration.
Host Mike Causey is joined by Federal Times Senior Writer Stephen Losey and Paul Forte and Mary Lou McGuiness with Long Term Care Partners. May 9, 2012