Retirees will get a 1.5 percent cost-of-living adjustment next January, and white-collar feds are looking at a 1 percent raise. Not much but it could have been a lot worse, Senior Correspondent Mike Causey says.
Congress returns to work today with a crowded agenda and little time. Lawmakers must come to agreement on 2014 funding before the fiscal year ends Sept. 30 or risk a government shutdown. Also on the agenda: coming up with an alternative to the automatic spending constraints known as sequestration and negotiating a raise in the government's borrowing limit. There are also other measures affecting federal employees that remain to be worked out, including legislation to overhaul the cash-strapped Postal Service and a potential 1 percent pay raise for civilian federal workers.
Want to know the size of the next federal pay raise? Your best bet is to take $20, or the going rate, and find yourself a first-class tarot card reader. If she deals you the Ace of Pentacles you will be in the money, Senior Correspondent Mike Causey says.
President Barack Obama issued some good news for federal workers before the start of Labor Day weekend, calling for a 1 percent pay increase for feds in 2014. But Congress could still prevent the raises through legislation. Federal employees have had their pay frozen since January 2011.
So how do you manage to pay 2013-level bills -- like rent, food and health insurance -- on a 2009 pay scale. Look around you. Look in the mirror. It's what millions of federal workers have been doing for the past three years, Senior Correspondent Mike Causey says.
John Grobe, president of Federal Career Experts, will answer your calls and emails about possible changes to your pay and benefits package. June 26, 2013(This show originally aired June 12, 2013)
John Grobe, president of Federal Career Experts, will answer your calls and emails about possible changes to your pay and benefits package. June 12, 2013
Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers. April 24, 2013
Financial Planner Art Stein and Federal Times Senior Staff Writer Stephen Losey join host Mike Causey to talk about a number of issues affecting federal workers. April 17, 2013
The Defense Department's 2014 budget proposal reduces the size of the civilian workforce slightly, increases TRICARE premiums, and requests another round of base closures. It also calls for a slight raise for both civilian employees and uniformed servicemembers. The budget significantly exceeds the Defense spending caps in current law.
Colleen Kelley, president of the National Treasury Employees Union, and Federal Times reporter Stephen Losey will discuss sequestration and other issues affecting federal workers. February 13, 2013
President Barack Obama will recommend a 1 percent pay increase for federal employees in his fiscal 2014 budget request, according to federal-employee unions. The pay increase will apply to both civilian federal workers and military members. The White House is expected to release its full budget request next month.
Rep. Ron DeSantis (R-Fla.) introduced a bill that would block a 0.5 percent pay raise for federal workers slated to go into effect March 27. In an executive order issued late last month, President Barack Obama mandated a 0.5 percent pay increase.
Senior Correspondent Mike Causey ponders whether the prospect of a March pay raise - after two years in the deep freeze - makes you giddy with excitement. Have you already started planning on what you will do with that extra dollar a day?
Looking for something to take your mind off the pending pay freeze extension? If so, consider the prospect of higher taxes, lower take-home pay and higher health insurance premiums, Senior Correspondent Mike Causey says.