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If you are a government or military retiree, odds are your retirement check for January was a little light. So what happened? Senior Correspondent Mike Causey says you can blame your benefit cut on the lame duck Congress, but relief is on the way.
Most federal workers and most federal retirees didn\'t get a pay raise or a cost of living adjustment this year. But for a smaller group of retired feds, a 1.7 percent cost of living adjustment has just kicked in. Senior Correspondent Mike Causey says timing is everything.
Friday is supposed to be a slow news day so we\'ll limit it to this: a 3 year pay freeze, 10 percent job cut, higher FEHBP premiums for retirees, lower benefits for future retirees and some other stuff. Interested? Check out Senior Correspondent Mike Causey\'s federal report.
Will retirees get a one-time $250 check? On this week\'s Your Turn host Mike Causey talks with Dan Adcock and David Snell from National Active and Retired Federal Employees about the upcoming lame duck session of Congress. October 27, 2010
One-time $250 payments are a bad idea? Jason Fitchner, former deputy commissioner at the Social Security Administration, says so.
Social Security and retired feds won\'t be getting a cost of living adjustment next year, but they once again may get a flat $250 payment courtesy of Congress and the administration. Senior Correspondent Mike Causey asks is this fair and just, or just another political senior moment?
A report from Congressional Research Service reports on increases in federal pay and pension since 1969.
The January cost of living adjustment retirees were counting on to help pay higher health premiums is not going to happen. Senior Correspondent Mike Causey says that for the second year in a row the retirees will get nothing even as federal workers get a token 1.4 percent pay raise.
Federal workers are in line for a pay raise in January. Federal retirees are not. How come? Senior Correspondent Mike Causey says deflation is the reason.
Health premiums and pay for active duty federal workers are both going up next year. One more than the other. But Senior Correspondent Mike Causey notes retirees are going to have to pay the same premiums but without any increase in benefits.
One in every six Americans gets a federal, military or Social Security retirement benefit that is linked to inflation. But what happens when their isn\'t any inflation? Senior Correspondent Mike Causey sorts out the numbers.
Six years ago all sorts of people were fighting to prevent the National Security Personnel System from being implemented. Now, Senior Correspondent Mike Causey notes some people are saying that it worked well and is being buried prematurely.
Federal retirees didn\'t get a cost of living adjustment this year. What\'s the outlook for a COLA in 2011? Senior Correspondent Mike Causey rates the chances as somewhere between slim and none.
Do the new benefits approved for FERS employees give them a better deal than their older colleagues under the CSRS retirement plan? Senior Correspondent Mike Causey asked readers and he got an earful.