CSRS
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Patrick Donahoe became the 73rd Postmaster General Friday, assuming control of the Postal Service in the midst of a fiscal crisis. Donahoe said USPS will reduce its workforce by another 7,500 people in 2011. Still, he\'s optimistic about the future. In the short term, however, the reality is that postal workers are likely to suffer while the agency tries to balance its books.
January 17, 2011 -
As proposed by the President, people who pay into Social Security would have their payroll tax cut by 2 percentage points next year. Those who don\'t pay into Social Security, like nearly 600,000 federal employees, would see no change. NARFE\'s Dan Adcock explains why there\'s grousing on both sides.
December 15, 2010 -
Federal benefits expert Tammy Flanagan joins host Mike Causey with details on the Voluntary Contribution Program. They\'ll discuss how it works, who can join it, and how it would work with a Roth option. December 15, 2010 (Encore Presentation)
December 14, 2010 -
Has the proposed social security tax cut triggered a civil war in your office? Senior Correspondent Mike Causey says in some locations there is a major rift between younger workers under the FERS system who would get the break and their older CSRS colleagues who won\'t get it.
December 14, 2010 -
How would you like a pay freeze and a two percent raise at the same time. Senior Correspondent Mike Causey says that\'s what may happen to a large chunk of the federal workforce.
December 10, 2010 -
Congress, unions, new Postmaster General all agree current payment structure for retirees is killing chances of USPS survival.
December 06, 2010 -
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.
November 12, 2010 -
Federal News Radio\'s Senior Correspondent Mike Causey discussed the advantages of opening a Voluntary Contribute account.
October 14, 2010 -
Do you remember the good old days of double-digit certificates of deposit? Senior Correspondent Mike Causey says that even in these lean times some long-time feds still have an exclusive investment option that beats the competition.
October 13, 2010 -
You may be eligible for one of the best super-safe investment options around. It\'s called the Voluntary Contributions program and it is available only to federal and postal workers who are under the old Civil Service Retirement System, or the CSRS Offset retirement program. Details from Certified financial planner Arthur Stein.
August 27, 2010 -
If you read yesterday\'s column you know there is a slim chance you might have been placed in the wrong federal retirement system. If so, Senior Correspondent Mike Causey has a way to make things right for yourself.
August 13, 2010 -
The Postal Service inspector general says the agency overpaid $75 billion into the Civil Service Retirement System from 1972 to 2009. Michael Thompson, Director of Capital Investments for the Postal Service Office of Inspector General, explains.
June 28, 2010 -
If you are retired but want to come back into government there are two ways. One lets you keep your pension and your salary. The other limits pay but lets you build a bigger annuity. Senior Correspondent Mike Causey has the details.
May 19, 2010 -
Secretary of State Hillary Clinton is calling on retired diplomats to come back to work. Clinton says they\'re needed to help stabilize and rebuild conflict-torn countries. John Palguta from the Partnership for Public Service explains the rules of return to the diplomatic road.
May 11, 2010 -
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.
November 09, 2009