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In today's Federal Newscast, a former top political aide to ex-EPA administrator Scott Pruitt claims EPA violated his free speech and due process rights by removing him after he raised concerns about Pruitt's excessive spending and mismanagement.
In today's Federal Newscast, two House Democrats are introducing their own legislation that would give retirees a higher cost-of-living adjustment next year.
Federal health insurance premiums will see a moderate increase next year, but the president's payroll tax deferral makes calculating next year's paycheck all the more tough.
News that they will be getting a 1.3% cost of living adjustment in January 2021 is getting a mixed reception from federal, military and Social Security retirees.
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus pandemic and its consequences for older people
Fortunate federal retirees, like people who get Social Security, usually get a catchup-with-inflation increase in their benefits the first of each year.
Given the impact of the pandemic on the economy, and on prices, it is unlikely that retirees who get cost of living adjustments most years will be getting a COLA in January 2021.
Congress — most of it, anyway — returns to Washington with a long agenda. At the top of the list is what will be in a fourth stimulus bill if there is one.
For obvious reasons, nobody has a handle on where cost of living adjustments or health care costs/insurance premiums will end up.
The White House's proposal would eliminate a long-time benefit which provides “gap” payments to employees, like federal firefighters, forced to retire as early as age 57.
One of the great fears of people planning for retirement is running out of, or low on money while they are still breathing.
While there are some really dangerous federal jobs, including law enforcement officers, firefighters and prison personnel, even the 9-to-5 office positions are pretty scary now.
In what’s become the administration’s evergreen budget plan, the White House has again proposed that federal workers kick in more of their salary toward their retirement plan in return for smaller lifetime annuities that are frozen when they retire.
No one gets paid what they deserve. But everyone deserves a little stability.