Retirement

  • After receiving 4,000 more retirement claims in October than it expected to, the Office of Personnel Management received 2,000 fewer than it expect to in the month of November.

    December 05, 2014
  • Every Thrift Savings Plan domestic fund showed growth in November, including the troubled I Fund, which had been in the negative for months.

    December 01, 2014
  • In a new report on reducing the federal deficit, the Congressional Budget Office suggests that cutting 70,000 government jobs over the next decade and changing the math used for civilian and military pensions could save $100 billion.

    November 26, 2014
  • Few of us are going to live into our 100s, but choosing the right health care plan for you may make getting older more comfortable and put money in your wallet too, says Senior Correspondent Mike Causey.

    November 21, 2014
  • Retirement benefits in the military have one thing in common with Social Security and Medicare: they're budget time bombs yet no one in Congress has the nerve to touch them. Still, numerous proposals for reforming military compensation have been put forth. One of the most comprehensive comes from the RAND Corporation. Beth Asch is a senior economist at RAND, and she joined Tom Temin on the Federal Drive with more on how to make military pay less costly and more equitable.

    November 19, 2014
  • Health insurance premiums for white-collar federal workers or government retirees will run anywhere from $1,200 to nearly $6,000 next year. Wouldn't it be nice to save $1,000? asks Senior Correspondent Mike Causey.

    November 19, 2014
  • Some new choices may be coming to your Thrift Savings Plan account, but you won't see those choices for a while. First, the TSP board wants to know the best way to offer those choices. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she explained what may become part of your TSP account.

    November 18, 2014
  • In a bid to keep more people participating in the Thrift Savings Plan even after they leave the government, members of the plan's oversight board have approved a million-dollar-plus study of new investment options, including mutual funds that focus on real estate, emerging markets and socially responsible companies.

    November 17, 2014
  • We "winter weenies" in the D.C. area got some revenge last week as those winter warriors in the Midwest succumbed to an early cold blast. But our time is coming!

    November 17, 2014
  • Open season 2014 is underway. Feds who turn 65 next year are facing a decision — whether or not to enroll in Medicare Part B. If they enroll, they'll be paying an additional $1,200 on top of what they already pay for Federal Employees Health Benefits Program coverage. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, tells In Depth with Francis Rose about the pros and cons of enrolling in Part B.

    November 14, 2014
  • The USPS' ability to carry our its duties and remain financially self-sustaining continues to be at risk, according to a recently released GAO performance audit. Conducted over the past year, GAO's report found that the agency is projecting "unsustainable" losses through 2020.

    November 14, 2014
  • Holy Open Season! Senior Correspondent Mike Causey takes a look in the mirror and finds a run in his superhero tights.

    November 14, 2014
  • Cold temperatures have arrived and with them, the season to think about holiday plans. But you should also start thinking about your investment strategies for 2015 and beyond. Art Stein is a certified financial planner and investment manager. He has long experience with federal employees and their particular concerns. Stein joined Tom Temin on the Federal Drive with some advice for dealing with the Thrift Savings Plan and other matters.

    November 13, 2014
  • It's your usual good news/bad news situation when it comes to open season for feds choosing which health plans make the most sense and save the most money for them, says Senior Correspondent Mike Causey.

    November 13, 2014