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Senators sent the Congressional Budget Office a series of questions related to its recent study comparing federal employee compensation to the private sector. But senators won't find much clarity or many concrete conclusions from CBO's responses.
June 22, 2017 -
At the bottom of the Great Recession in March 2009, many federal workers and retirees saw their Thrift Savings Plan accounts drop as much as 40 percent. Senior Correspondent Mike Causey asks, what's your plan for the next downturn?
June 22, 2017 -
About 100 House Democrats wrote to Speaker Paul Ryan (R-Wis.) and Minority Leader Nancy Pelosi (D-Calif.), voicing their opposition over the president's four major proposed changes to federal retirement. The administration included the proposals in the fiscal 2018 budget proposal and would have a significant impact on both current and future federal employees and retirees.
June 16, 2017 -
The Federal Retirement Thrift Investment Board, the agency that administers the Thrift Savings Plan, is also keeping a close eye on 2018 budget process. The board says the proposed changes to the federal retirement system included in the president's budget request could have significant impacts for retirees and how they participate in the TSP.
June 01, 2017 -
President Donald Trump’s new budget has many federal employees seeing red, as in Republican, and feeling blue, as in Democratic. Senior Correspondent Mike Causey explains why.
June 01, 2017 -
Senior Correspondent Mike Causey says Trump should keep his hands off the federal retirement program, at least if he wants to stay in power.
May 31, 2017 -
Senior Correspondent Mike Causey says current and future federal retirees would lose thousands of dollars in cost-of-living benefits if Congress goes along with the president's plan to put them on a zero-COLA plan.
May 30, 2017 -
Do you know what's in your federal benefits package? If not you should. Federal benefits expert Tammy Flanagan will explain why when she joins host Mike Causey on this week's Your Turn. May 31, 2017
May 29, 2017 -
Senior Correspondent Mike Causey says many feds are in shock over proposed changes in the federal retirement program and what it would do to all retirees.
May 26, 2017 -
Senior Correspondent Mike Causey says the budget proposal could eliminate the so-called Social Security supplement now available to feds who are forced to retire earlier because of stressful, dangerous jobs.
May 25, 2017 -
Senior Correspondent Mike Causey says the greatest fear of retirees who don't get a pension from work or an inflation adjustment is running out of money.
May 24, 2017 -
The President's full 2018 budget proposal offers a 1.9 percent pay raise for civilian employees and a 2.1 percent raise to members of the military. But federal employee unions and organizations say the raise does little to undo the damage the President's proposed cuts to federal retirement benefits will have on current employees and retirees and future government workers. The budget also details workforce reductions at some agencies.
May 23, 2017 -
Are you worried about running out of money? This week on Your Turn, financial planner Arthur Stein joins host Mike Causey to discuss how long your investments should last during retirement. May 24, 2017
May 23, 2017 -
Proposed changes to the federal retirement system could force current federal employees to delay retirements and spark financial hardship for current retirees. Federal financial experts discuss these proposals, which President Donald Trump included in his full fiscal 2018 budget request.
May 23, 2017 -
Many of the ideas President Donald Trump outlined in his March budget blueprint remain the same in his final budget proposal, which he released Tuesday. But federal employees will notice other proposals that are new — and have the potential to impact them directly.
May 22, 2017