Pay

  • Federal, military and Social Security retirees were delighted last month when it appeared they were on track for a January cost of living adjustment of around 3.3 percent, but Senior Correspondent Mike Causey says living costs are down, believe it or not, and the COLA may be in danger of stalling. (This column originally appeared July 18, 2011.)

    August 09, 2011
  • What are the financial prospects for the 4,000 furloughed FAA employees and for other feds who might be temporarily laid off when Congress gets back to inaction? Senior correspondent Mike Causey says there are $1,000 no-interest loans coming next week.

    August 05, 2011
  • Want deficit reduction, a cure for unemployment and longer, silkier eyelashes? It\'s all there in in the new Congressional-White House compromise, senior correspondent Mike Causey says. But to be safe, check the fine print.

    August 04, 2011
  • What\'s the primary difference between a mid-career federal civil servant and a mature turkey? One thing they have in common is a Thanksgiving deadline, senior correspondent Mike Causey says.

    August 03, 2011
  • Dan Adcock, the legislative director of the National Active and Retired Federal Employees Association told Federal News Radio that the initial round of budget savings imposed by the debt-limit deal is only the first round of possible cuts to agencies and federal pay and benefits.

    August 02, 2011
  • Federal workers\' pay, pensions and health premiums are on the line and definitely in the line of fire as Congress and the White House limp toward a solution to the debt limit crisis. Federal News Radio senior correspondent Mike Causey wants to know what are the primary targets?

    July 29, 2011
  • Greg Long, the executive director of the Federal Retirement Thrift Investment Board, which oversees federal employees\' TSP, reassured a House subcommittee that failure to raise the debt ceiling would not affect investments to the G Fund. Because of a 1987 law, even when the Treasury Department stops issuing securities, investors are protected.

    July 28, 2011
  • The Defense Business Board has proposed major changes to military retirement by transitioning from its cliff-vesting system to a system of yearly retirement contributions deposited into the TSP.

    July 26, 2011
  • The Social Security Administration will close its field offices 30 minutes early, in an effort to save money on overtime.

    July 22, 2011
  • Tom Trabucco, the director of External Affairs at the Thrift Savings Plan, gave Federal News Radio an update on TSP\'s automatic enrollment plan.

    July 18, 2011
  • Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, discussed the pros and cons of cashing out a TSP and what to think about when buying an annuity from a private company.

    July 15, 2011
  • The Thrift Savings Plan is often lauded as the best retirement plan in the country. But there\'s still some confusion about who\'s eligible for the TSP and how it works.

    July 11, 2011
  • Table of TSP June returns.

    July 06, 2011
  • USPS cancels bonuses for executives, officers and administrative staff.

    July 01, 2011