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Retirement
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The Thrift Savings Plan's Roth option rolls out today. The Federal Retirement Thrift Investment Board has been preparing for the new program for two years now, but despite the big push today many federal employees will actually have to wait to enroll in the new program. One of the largest federal payroll processors needs more time to upgrade its systems in preparation for the Roth option. Find information about which agencies are affected, as well as the five things feds should know about the Roth TSP below.
May 04, 2012 -
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6,600 federal employees filed retirement claims in April — 1,400 less than what was projected for the month by the Office of Personnel Management.
May 03, 2012 -
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Federal News Radio's Julia Ziegler and Jolie Lee and Sean Reilly of the Federal Times will discuss a wide range of issues affecting workers in the federal government. May 2, 2012
May 02, 2012 -
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Thrift Savings Plan figures, which had been in an upward climb, appear to have stalled in April, with seven of the 10 funds finishing in the red last month
May 02, 2012 -
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Would changing federal retirement rules trigger a mad rush to retirement? Or would it turn the government into an institution run by tired, over- the-hill zombies, Senior Correspondent Mike Causey wonders ... kind of like Congress.
May 02, 2012 -
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Of the more than 8,200 respondents, 86 percent were satisfied with TSP, according to the survey by the Federal Retirement Thrift Investment Board.
May 01, 2012 -
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After years of false alarms about benefit cuts and a brain drain, things are starting to happen, Senior Correspondent Mike Causey says. The federal retirement program may be the next casualty.
May 01, 2012 -
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Registered employee benefit consultant Ed Zurndorfer joined The Federal Drive with Tom Temin and Emily Kopp to explain this provision, and other proposals that Congress is considering that impact your wallet.
April 27, 2012 -
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The deadline to apply is Monday for airmen eligible for the Temporary Early Retirement Authority.
April 27, 2012 -
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For years, federal and postal workers have benefited from congressional gridlock. Efforts to cut benefits, or force people to pay more for them, were often blocked by partisan wrangling. But where your pension is concerned, the good old days may be over, Senior Correspondent Mike Causey says.
April 27, 2012 -
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The House Oversight and Government Reform Committee is marking up legislation today that would increase federal employees' contributions to their pension by 5 percent over five years.
April 26, 2012 -
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Host Mike Causey will talk about the top federal stories with Federal Times reporters Stephen Losey and Sean Reilly. April 25, 2012
April 25, 2012 -
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Feds who retire with special skills and top-secret clearances often move into top jobs on Wall Street, with credit card companies or even back in government, Senior Correspondent Mike Causey says. But for those stripped of their clearances, life after Uncle Sam may mean a security guard job at a box store ...
April 25, 2012 -
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An amendment to a Senate bill aiming to restructure the U.S. Postal Service's financial framework would institute new agency reporting requirements for retiring federal workers in anticipation of a "deluge of retirees" from USPS. Sens. Mark Warner (D-Va.) and Barbara Mikulski (D-Md.), introduced an amendment last week that requires the Office of Personnel Management to take new steps to chip away at the longstanding backlog of federal retirement claims.
April 23, 2012
