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Environmental Protection Agency acting Deputy Administrator Mike Flynn said more details about what positions are included in the VERA/VSIP program will be available this summer.
While one fund took an unexpected downturn into the red, the rest of the federal retirement funds generally posted higher returns last month or remained relatively unchanged.
President Donald Trump’s new budget has many federal employees seeing red, as in Republican, and feeling blue, as in Democratic. Senior Correspondent Mike Causey explains why.
Senior Correspondent Mike Causey says Trump should keep his hands off the federal retirement program, at least if he wants to stay in power.
Have you read so much about the proposed 2018 budget that you feel like your head will explode? Do you just want to know which provisions would affect you, but are having trouble separating it from all the rest? Federal News Radio has boiled it all down to some key takeaways all federal employees need to know. If you read nothing else about the budget, read this.
Senior Correspondent Mike Causey says current and future federal retirees would lose thousands of dollars in cost-of-living benefits if Congress goes along with the president's plan to put them on a zero-COLA plan.
Do you know what's in your federal benefits package? If not you should. Federal benefits expert Tammy Flanagan will explain why when she joins host Mike Causey on this week's Your Turn. May 31, 2017
John O’Grady, president of AFGE Council 238, which specifically represents EPA employees, says cutting the agency's budget by one-third will impact federal, state, and local levels of public health, not to mention hurt employee morale.
Senior Correspondent Mike Causey says many feds are in shock over proposed changes in the federal retirement program and what it would do to all retirees.
Rep. Steny Hoyer (D-Md.) said he will make the case to fellow lawmakers that it’s the wrong time to cut federal employee benefits as the unemployment rate is low.
Senior Correspondent Mike Causey says the budget proposal could eliminate the so-called Social Security supplement now available to feds who are forced to retire earlier because of stressful, dangerous jobs.
President Donald Trump has weighed in on the ongoing postal reform debate with a fiscal 2018 budget proposal that would save the U.S. Postal Service $47 billion over 10 years through cuts in retirement benefits and mail delivery costs.
Senior Correspondent Mike Causey says the greatest fear of retirees who don't get a pension from work or an inflation adjustment is running out of money.
The President's full 2018 budget proposal offers a 1.9 percent pay raise for civilian employees and a 2.1 percent raise to members of the military. But federal employee unions and organizations say the raise does little to undo the damage the President's proposed cuts to federal retirement benefits will have on current employees and retirees and future government workers. The budget also details workforce reductions at some agencies.