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Many feds are also confused and concerned about how the shutdown -- especially if it's prolonged -- will affect their benefits. Federal News Radio dug through guidance provided by the Office of Personnel Management and other agencies and consulted with the experts to bring you some of the answers to the most-asked questions.
On this week's Your Turn program, Mike interviews Paul Forte with Long Term Care Partners and retirement expert Stan Hinden. October 2, 2013
This week's guests on the Your Turn radio program include Bob Braunstein, an expert on the upcoming phased retirement option, and Federal Times Senior Writer Sean Reilly with the latest on the possible shutdown.
There are several ways to become a millionaire. You can become Oprah's best friend or, if you work for the federal government, you can do it via the TSP. More than 900 feds have million dollar accounts, and Senior Correspondent Mike Causey found out how one of them did it.
Attorney Thomas J. O'Rourke will answer your calls and emails on how to best prepare for your family's financial future. Also, Sean Reilly from the Federal Times will give us an update on some of the big issues affecting federal workers. September 18, 2013
Is the person in the next cubicle really a closet millionaire? Does the person who organized your carpool have a seven-figure retirement nest egg? Senior Correspondent Mike Causey wants to know: Are you rich and don't know it?
Greg Stanford, director of government affairs for the Federal Managers Association, and Federal Times Senior Writer Sean Reilly will discuss furloughs, layoffs, and other issues affecting federal workers. September 11, 2013
Federal hiring declined last year, with new government hires dropping to fewer than 90,000 in fiscal 2012. The dip in hiring caused the size of the federal workforce to retract slightly to about 2.1 million federal workers — about on par with 2009 levels, according to new government data compiled by the Partnership for Public Service.
The Office of Personnel Management processed more retirement applications than expected last month -- for the first time since April. The enhanced processing power is thanks to a year-end budget review that allowed OPM to restore limited overtime for employees working in its Retirement Services Offices, OPM said. The agency had suspended employee overtime beginning in April, citing the automatic budget cuts known as sequestration.
NARFE's David Snell will discuss the impact of a proposed change to how federal retirees' cost-of-living adjustments are calculated. September 4, 2013
Picture yourself floating in a deep, dark swamp, Senior Correspondent Mike Causey says. There doesn't appear to be any danger, except the pair of eyes watching you from the surface of the swamp. But what harm could they do? Ever hear of the federal version of the "Creature from the Black Lagoon?"
Senior Executives Association president Carol Bonosaro will discuss a new survey where government execs were asked their opinions on a wide variey of issues. August 28, 2013
More and more baby boomers are approaching retirement age, but that doesn't mean they are leaving the workforce. Part of the reason is the mental satisfaction they get from their jobs, according to a new report.
The Department of Agriculture's Animal and Plant Health Inspection Service is using online identification tools to prevent a loss of expertise and institutional knowledge caused by a growing number of people retiring.