Obits can help you figure out how much money you are going to need for the years, maybe decades, after your regular paycheck stops. But your urge to live, have fun, travel, etc. continues.
Every day, we at Federal News Radio get calls or emails from readers and listeners who want to know the latest, the cost and the timetable for action regarding retirement changes. But we can't predict what’s going to happen,
The Trump administration wants to make the federal retirement plan more costly to workers and less valuable to retirees. But officials could probably "drain the swamp" of thousands of bureaucrats if they made the changes effective later rather than sooner.
When most people focus on millionaires in government they are talking about a relatively small number of super-rich political appointees. But there is a larger group who did it by saving and investing in the Thrift Savings Plan.
The Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future retirees. Will Congress pass it? Find out when NARFE Deputy Director for Advocacy John Hatton joins host Mike Causey on this week's Your Turn to discuss the president's proposals. June 6, 2018
Federal retirees in 1980 could establish a standard of living and keep it even during 14 percent inflation and 11-plus percent the following year. Now, the Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future workers retiring under the Federal Employees Retirement System.
Are you worried about the pay-more-get-less design changes Congress and the White House are considering for your Federal Employees Retirement System and Civil Service Retirement System plans?
If any of the Trump administration’s proposals to overhaul the federal pay and pension plans make it through Congress, thousands of federal workers might have to extend their tours of duty by as much as a decade to maintain their standard of living.
The Professional Managers Association is telling fed-postal-retirees to stay alert as federal retirement contribution changes are proposed by the Trump administration.
The Trump administration's plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.
COLAs are based on the rise in inflation, as measured by the Consumer Price Index-W, from the third quarter year over year. It's possible the January COLA will be less if living costs drop, but that is unlikely given the year-long rise in oil-prices, one of the chief drivers of inflation.
Are proposals to freeze federal pay and cut retirement benefits just political talk or, as one retiree put it, a reasonable menace?
How would proposed changes to your federal pension plan affect you? Find out when NARFE's Jessica Klement and Jill Talley join host Mike Causey on this week's Your Turn. April 11, 2018
The good news for federal employees and retirees is that Congress has limited time this year to focus on issues that may impact their pay and benefits.
Many financial planners urge clients investing for retirement to take the long-view. For many investors that is easier said than done.