Retirement

  • Not sure about how much you need to save for retirement? A new online tool from the Office of Personnel Management helps feds figure out how to plan and includes projections for annuities and Thrift Savings Plan benefits.

    February 27, 2012
  • Rep. Chris Van Hollen (D-Md.) told The Federal Drive with Tom Temin that he and lawmakers who represent federal employees want to maintain this system for federal employees.

    February 27, 2012
  • They say that everybody\'s got a price, so what\'s yours? What would it take for Uncle Sam to convince you to retire? Because you may be facing that decision soon, Senior Correspondent Mike Causey says.

    February 27, 2012
  • Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.

    February 24, 2012
  • Ever hear of a double-header brain drain? The government is losing two of its best to retirement this month. Odds are they\'ve touched your life, whether you are in a federal agency or a foxhole 3,000 miles away, Senior Correspondent Mike Causey says.

    February 24, 2012
  • Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.

    February 23, 2012
  • Host Mike Causey will talk about the Thrift Savings Plan with Tom Trabucco, director of external affairs for Federal Retirment Thrift Investment Board. Federal Times Reporters Stephen Losey and Sean Reilly also join the show to discuss how Congress is changing your federal benefits package. February 22, 2012

    February 22, 2012
  • The $15 billion generated by the 2.3 percent more that new employees would pay for their retirement would help pay for the extension of unemployment insurance.

    February 22, 2012
  • Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.

    February 22, 2012
  • Tom Schatz, president of Citizens Against Government Waste, says the government is paying for private employees' retirements has been a legitimate business expense for years under cost-accounting standards.

    February 21, 2012
  • After 18 months of inactivity and extended vacation, Congress exhibited a blinding burst of speed last week before it left on yet another vacation. The bad news is that the action it took was aimed at future federal workers and you, well into your career, may be next, Senior Correspondent Mike Causey says.

    February 21, 2012
  • The Postal Service\'s strategic five-year plan proposes cutting the workforce by 155,000 by 2016 and creating its own health benefit program for employees and retirees to return to financial stability.

    February 17, 2012
  • Federal workers who have been paying attention to the various plans to have them finance unemployment benefits, highways and tax cuts must be confused, if not in a state of shock, Senior Correspondent Mike Causey says. Could it be that the only people who are happy are those who haven\'t been paying attention?

    February 17, 2012
  • Federal pension contributions would increase under a compromise deal to extend a payroll tax cut and pay for jobless benefits through 2012.

    February 16, 2012