Retirement
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About half of all thrift savings plan account holders move their money to an outside IRA or other investment option when they leave federal service. So who is right, and what is your plan?
May 23, 2018 -
The White House management agenda, which would trim take-home pay and eliminate inflation protection for retirees, could help union leaders recruit from workforce that has shifted.
May 22, 2018 -
Big changes are coming to the Thrift Saving Plan. Kim Weaver, director of External Affairs for the TSP, joins host Mike Causey on this week's Your Turn to talk about the changes, which include making it easier for participants to make withdrawals from their accounts. May 23, 2018
May 21, 2018 -
If any of the Trump administration’s proposals to overhaul the federal pay and pension plans make it through Congress, thousands of federal workers might have to extend their tours of duty by as much as a decade to maintain their standard of living.
May 21, 2018 -
The Professional Managers Association is telling fed-postal-retirees to stay alert as federal retirement contribution changes are proposed by the Trump administration.
May 18, 2018 -
Jeff Neal, former DHS CHCO, looks at the recent proposals from OPM and OMB that would freeze federal pay for a year and decrease federal employee compensation.
May 17, 2018 -
Federal management leaders in the Trump administration say they're optimistic they can lead a bipartisan, inclusive discussion about its plan to modernize the federal workforce.
May 17, 2018 -
The Trump administration's plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.
May 17, 2018 -
Federal News Radio explains each of OPM's proposed changes to the federal retirement system and details their outlook in Congress.
May 15, 2018 -
COLAs are based on the rise in inflation, as measured by the Consumer Price Index-W, from the third quarter year over year. It's possible the January COLA will be less if living costs drop, but that is unlikely given the year-long rise in oil-prices, one of the chief drivers of inflation.
May 15, 2018 -
Republicans who want to stave off a midterm majority-party defeat might want to run some numbers on fed voters in their districts.
May 14, 2018 -
If you live and work in Washington long enough, you start running taking people’s — especially politicians', lawyers' and talking heads' — statements, actions and facts through your own filter.
May 11, 2018 -
Recent proposals to change the existing federal retirement system are just the beginning of coming recommendations from the Office of Personnel Management.
May 09, 2018 -
The Office of Personnel Management appeared to have mixed results processing retirement claims in April. More claims were submitted and fewer were processed than in March, but the claims processing backlog also dropped.
May 09, 2018 -
The White House has revived old proposals to make feds pay more for, and get less from, their retirement package while also eliminating a gap payment for workers who retire before age 62, even if they are required to do so.
May 08, 2018