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USPS improved its numbers across the board in 2016, reaching record growth in certain categories, but still lost money due to retiree health benefits prefunding requirements and April's exigent rollback, which cost USPS about $1 billion this year.
Now that the new $40,000 federal buyouts are available, Senior Correspondent Mike Causey explains what it may take for you to get one.
The Office of Personnel Management processed nearly the same volume of federal retirement claims last month as it had the month before, but did little to reduce its overall backlog.
After a nearly across-the-board downturn last month, the Thrift Savings Plan posted much higher numbers for the Thrift Savings Plan in November.
The most recent plan to save the Postal Service involves taking a page out of the private sector’s book: required enrollment in Medicare.
The Office of Personnel Management is behind on its background security checks and retirement claims processing for fiscal 2016. In the agency's financial report, OPM acting Director Beth Cobert pledges a continued effort to make up the difference through a variety of efforts like new contracts and using electronic records.
Experts who said President-elect Donald Trump couldn't win are now guessing at his blueprint for government. But Senior Correspondent Mike Causey says they're overlooking the obvious.
The TSP has almost 3,300 people with account balances of $1 million or more. There are 418 regular rank-and-file feds who have million dollar accounts by steadily investing since the TSP was launched in the late 1980s.
Randy Silvey, president Silverlight Financial, explains some of the considerations federal employees to keep in mind as they decide when is the right time to retire.
About 4,000 political appointees will leave the Obama administration in the next nine weeks. While conversations over policy, budget and organizational structure will take center stage, questions about your pay and benefits may not. Federal News Radio reviewed the Office of Personnel Management's transition guide in search of the answers.
Experts in the federal community say President-elect Donald Trump's business acumen will likely factor into the future of the federal workforce during the next administration. Trump will likely play closer attention to measures that would hold poor-performers accountable. Though they may not agree on all the issues, some federal unions say they hope they can find common ground on proposals that would advance federal hiring reforms.
Senior Correspondent Mike Causey asks: What happens to federal workers' Thrift Savings Plan accounts if you-know-who-wins the election?
Federal workers didn’t go into government to get rich, but Senior Correspondent Mike Causey says many civil servants have built up substantial estates and don't know the next step.
In a major reversal of fortune, every Thrift Savings Plan fund, with the exception of the low-risk low-reward G fund, posted negative returns in October.