Congress, the economy and the White House are all moving in a direction that is likely to create the perfect storm for widespread buyouts within the federal service, Senior Correspondent Mike Causey says.
The 3.6 percent cost-of-living adjustment due most federal retirees in January could jump-start retirements in many federal agencies — especially if Congress decides to extend the current two-year freeze on federal salaries, Senior Correspondent Mike Causey says.
Host Mike Causey will discuss the big issues facing feds with Federal News Radio\'s Francis Rose, Federal Times editor Steve Watkins and senior reporter Sean Reilly. October 19, 2011
Since the 1990s some experts have predicted a retirement tsunami, a brain drain that would take out some of Uncle Sam\'s best and brightest, Senior Correspondent Mike Causey says. So far they have been dead wrong, but is this the year? We\'ll know in a couple of months.
The annual cost-of-living adjustment, or COLA, is based on a measure of inflation that Congress adopted in the 1970s. Since then, it has resulted in annual increases averaging 4.2 percent.
What do current federal workers and turkeys have in common with royal prisoners held after the French revolution. Key phrase: Impending cuts, Senior Correspondent Mike Causey says.
The Federal Retirement Thrift Investment Board has released its investment performance report.
Track recommendations on federal pay, benefits and retirement made to the supercommittee by top Congressional leaders and the White House.
The House Committee on Oversight and Government Reform is getting into the mix of lawmakers making recommendations to the super committee. Its letter calls for cuts to federal retirements and workforce size.
A Senate committee is recommending the super committee consider one more year of a federal pay freeze, increases to retirement contributions and a 15 percent cut to contracting at agencies.
Federal employees who will retire in January 2012 must request their annual leave no later than Nov. 19 — or they forfeit their leave.
Host Mike Causey is joined by Federal Times editor Steve Watkins, and NARFE retired benefits director David Snell. October 12, 2011
David Snell is the retirement benefits expert with NARFE.
A lot of federal workers say that despite buyout offers and political attacks they can\'t retire because they can\'t afford it ... so is anybody happy? Senior Correspondent Mike Causey says lots of workers, maybe the majority, like what they do and are proud of it.
Tammy Flanagan is the senior benefits director at the National Institute of Transition Planning.