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On Air: Federal News Network
CSRS
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Several hundred thousand federal workers, from Defense to the IRS and OPM are still wearing golden handcuffs, which many are trying to shed. They include some of Uncle Sam's best, brightest and most experienced people, says Senior Correspondent Mike Causey.
August 09, 2013 -
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What do vampires have to do with a long-lived urban myth about a super-secret federal retirement plan? The short answer is that both are very hard to put to rest, Senior Correspondent Mike Causey says. But here goes, again ...
March 20, 2013 -
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As part of the special series, FERS: 25 Years Later, Federal News Radio welcomed to its studios a retired federal couple, Neil Schiff and Linda Habenstreit who represent the federal retirement divide. When Schiff retired from the FBI's Office of Public Affairs, he was a FERS enrollee. His wife, a long-time public affairs specialist in the Agriculture Department's Foreign Agricultural Service, was covered by CSRS.
December 13, 2012 -
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Arthur Stein, a financial planner and former federal manager, told The Federal Drive with Tom Temin and Emily Kopp Wednesday that FERS has been a boon for feds, both young and old.
December 12, 2012 -
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The new Federal Employees Retirement System is suddenly not so new. It turned 25 this year. And next to Social Security, it is the dominant federal retirement program. So how did FERS happen, and why? Check out Senior Correspondent Mike Causey's column.
December 12, 2012 -
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A new inspector general audit revealed that the Postal Service has overfunded its pension benefit obligations by nearly 105 percent. While this might seem to be good news for the cash- strapped agency, legislative action will be required for USPS to get back the $13.1 billion surplus it paid into its employees' pensions.
June 26, 2012 -
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Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.
April 06, 2012 -
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If you have a stash of cash and you want to park it in one of the safest, most generous places around, where do you go? Tip: It isn't the Thrift Savings Plan, Senior Correspondent Mike Causey says.
April 04, 2012 -
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Is your cubicle at work likely to become your crypt, too? Are you a work-till-you-drop lifer? Seems that lots of feds are, but do you know what\'s keeping them on the job, Senior Correspondent Mike Causey ponders.
October 07, 2011 -
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Although the number of retirement-eligible feds may be at an all-time high, government workers are holding on to their jobs. The retirement tidal wave — first forecast in 1999 — has yet to hit, Senior Correspondent Mike Causey says. So what's keeping you?
October 06, 2011 -
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Although most federal and postal unions supported President Barack Obama in the 2008 election, they are now asking Congress to protect them from a White House proposal to permanently trim take home pay, Senior Correspondent Mike Causey says.
September 30, 2011 -
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Senior Correspondent Mike Causey has something to take your mind off the possibility of an extended pay freeze. Forget about that and concentrate on the highly-likely prospect of a 5 to 6 percent permanent pay cut.
June 29, 2011 -
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More federal agencies are offering their employees money to quit. Federal News Radio spoke with certified financial planner Arthur Stein about the factors you should consider when thinking about a buyout.
June 03, 2011 -
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If you are feeling paranoid, that is you are convinced that people in high places are out to get you, you can relax. You are not crazy. That\'s the good part. The bad part, says Senior Correspondent Mike Causey, is you are right to worry because your pay, pension and health insurance package are all on the chopping block. You need a scorecard to keep track, and we\'ve got it.
May 27, 2011
