Retirement

  • Experts have long predicted a federal retirement tsunami, and the steady uptick in retirement applications across 2011 appears to bear that out. Overall, 104,810 retirement applications were filed by federal employees in calendar-year 2011, according to numbers provided by OPM — a 24 percent increase over 2010 levels.

    February 10, 2012
  • Tammy Flanagan, the senior benefits director for the National Institute of Transition Planning, joined In Depth with Francis Rose to discuss how feds should prepare for retirement.

    February 10, 2012
  • You've got some thinking to do about your investments. The people who manage your Thrift Savings Plan have published draft rules for a Roth option that would let you put in after-tax money.

    February 10, 2012
  • Congress is taking a new road, literally, in its drive to trim federal retirement benefits and force civil servants to kick in more to their pension plan, Senior Correspondent Mike Causey says. This time its the so-called highway bill ...

    February 10, 2012
  • American Federation of Government Employees President Jacque Simon will discuss whether your federal pay and benefits will be cut this year. February 8, 2012

    February 08, 2012
  • A federal worker, who boxed in college and the Army, says in the last two years he\'s gone from a happy-go-lucky fed to feeling like he\'s fighting two opponents and the referee, Senior Correspondent Mike Causey say. So can this get any worse? Short answer, maybe.

    February 08, 2012
  • No matter what condition your hair is in, the vast majority of federal workers get a new wig every one, two or three years. But that may be about to change, Senior Correspondent Mike Causey says.

    February 07, 2012
  • Federal unions and some lawmakers have lambasted a proposed bill that would make changes to federal retirement benefits. The \"Securing Annuities for Federal Employees Act of 2012\" is set to go before the House Committee on Oversight and Government Reform Tuesday for a markup session, in which lawmakers will be able to introduce amendments.

    February 06, 2012
  • A new letter, signed by Sens. Mark Warner (D-Va.), Barbara Mikulski (D-Md.) and Ben Cardin (D-Md.), calls on the Office of Management and Budget to take on the \"urgent matter\" of processing federal retirements. The letter comes a week after a Senate subcommittee hearing in which the Office of Personnel Management was taken to task for its handling of the longstanding backlog.

    February 06, 2012
  • The overwhelmed retirement claims backlog at the Office of Personnel Management is only partly a technology problem. John Salamone, a managing consultant at FMP Consulting and the former executive director of the Chief Human Capital Officers Council, joined In Depth with Francis Rose to discuss the potential complications for OPM ahead.

    February 03, 2012
  • The Office of Personnel Management has a new strategy for tackling its backlog of 62,000 retirement applications. But, after 25 years of hearing such promises, lawmakers are skeptical. The Senate Homeland Security and Government Reform Subcommittee on Oversight brought agency director John Berry to Capitol Hill to explain why this strategy is different.

    February 02, 2012
  • Is a temporary pay freeze better than a permanent cut in your federal benefits package? Or are people ignoring the long-term effects of a \"temporary\" pay freeze, Senior Correspondent Mike Causey wonders.

    February 02, 2012
  • Host Mike Causey is joined by Tom Trabucco, director of external affairs for Federal Retirement Thrift Investment Board, and Federal Times senior writer Stephen Losey. February 1, 2012

    February 01, 2012
  • The Navy has announced it plans to offer early retirements, following a panel\'s decision last year that targeted nearly 3,000 sailors for separation. The Navy\'s temporary early retirement authority will only apply to sailors with 15 years of service, who were not selected for retention by the 2012 Enlistment Retention Board, according to a Navy administrative message laying out official guidance about the early retirements.

    February 01, 2012