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When or if you make it to retirement, a little advance planning could be worth its weight in gold.
The Congressional Budget Office says the TSP G Fund investments will stop on Oct. 30 unless Congress can reach a deal, but feds won't see their savings dip.
Federal retirement benefits don't have legislation in place to protect against fraud. Sen. James Lankford (R-Okla.) tells Francis Rose he plans to address that.
Sens. James Lankford (R-Okla.) and Heidi Heitkamp (D-N.D.) are sponsoring the Representative Payee Fraud Prevention Act of 2015. It would protect federal retirees who rely on outside providers to manage their retirement savings and pension benefits. But it's not law yet. And knowing who you can trust can be tricky. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, shared some advice for finding that someone on In Depth with Francis Rose.
You've got a federal Thrift Savings Plan account. The market tanks. What should you do? Senior correspondent Mike Causey says often the best thing to do is nothing.
Financial planner Arthur Stein will talk about the pros and cons of the TSP Lifecycle funds, when he joins host Mike Causey on this week's edition of "Your Turn". October 14, 2015
Your federal retirement benefits would be safer if the Representative Payee Fraud Prevention Act of 2015 becomes law. Sen. James Lankford (R-Okla.) is one of the sponsors along with Sen. Heidi Heitkamp (D-N.D.). Lankford is also chairman of the Senate Homeland Security and Governmental Affairs subcommittee on Regulatory Affairs and Federal Management. He explained to In Depth at Francis Rose what the bill will do.
Catch up on the most buzzworthy federal stories of recent days and join the conversation in this new regular feature. Think of it as your cheat sheet to Federal News Radio.
Low inflation makes a cost-of-living adjustment for federal retirees unlikely next year. If that happens it could make almost a million former federal employees a little poorer. Jessica Klement, legislative director for the National Active and Retired Federal Employees association, told In Depth with Francis Rose why Civil Service Retirement System retirees might see an income drop next year
Retirement, benefits and pay were hot topics discussed by Chief of Naval Personnel Vice Adm. Bill Moran this week while speaking on the Navy’s All Hands Radio podcast.
The Office of Personnel Management made progress for the fourth month in a row on its backlog of retirement claims.
All but two of the Thrift Savings Plan funds posted negative numbers for September, according to monthly statistics released by the Federal Retirement Investment Board.
The defense authorization bill agreed upon by House and Senate negotiators would affect military pocketbooks in ways both big and small. It includes a 1.3 percent pay increase for uniformed service members but chips away at the military's pension system. In exchange for shrinking pensions, it encourages current troops — and mandates that future ones — invest in the Thrift Savings Plan.
Greg Stanford and Katie Maddocks of the Federal Managers Association and benefits expert Tammy Flanagan join host Mike Causey to discuss a pending pay raise for federal workers and retirees, the new self-plus one health care option and the possibility of a government shutdown. September 30, 2015