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If the federal thrift savings plan is so great why do so many people hate it. And how come insiders are always looking for ways to get a piece of the TSP action, Senior Correspondent Mike Causey wonders, or an account of their own?
Tom Trabucco, director of external affairs at FRTIB, explains how the changing of the guard means for your TSP.
The American Federation of Government Employees, a union representing 625,000 federal employees, is pushing for a stop to the proposed cuts to federal pay, benefits and workforces.
Tom Trabucco, director of external affairs at the Federal Retirement Thrift Investment Board, explains the difference on the return of the investment for people who constantly changed compared to people who held steady.
Ed Zurndorfer, a registered employee benefit consultant, joined the Federal Drive to discuss federal retirement tips.
A list of federal agencies that considered or offered buyouts and early retirements in 2011.
In contrast to media reports predicting radical changes to military retirement, DoD said there are no immediate plans to change the retirement system.
Last week, the number of interfund transfers jumped, said Tom Trabucco, director of external affairs at the Federal Retirement Thrift Investment Board.
If you\'re a typical federal worker, your 401k plan balance is nearly $10,000 higher than your neighbor who doesn\'t work for Uncle Sam. So how did this happen, Senior Correspondent Mike Causey wonders. Are you lucky, smart, or both?
The Government Accountability Office joins a growing list of federal departments and agencies that wants to offer early retirements and voluntary separations to its employees. GAO said the move is in anticipation of a smaller 2012 budget.
Facing a second year of losses totaling $8 billion or more, the agency also wants to pull its workers out of the retirement and health benefits plans covering federal workers and set up its own benefit systems. Congressional approval would be needed for these changes.
Getting and keeping a security clearance is vital in a growing number of federal jobs. And useful when feds retire and go into the private sector. But are those all-important clearances going to be harder to get, and keep in the future? Senior Correspondent Mike Causey explains. (This column was originally published on July 13, 2011.)
Federal, military and Social Security retirees were delighted last month when it appeared they were on track for a January cost of living adjustment of around 3.3 percent, but Senior Correspondent Mike Causey says living costs are down, believe it or not, and the COLA may be in danger of stalling. (This column originally appeared July 18, 2011.)