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.
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?
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.
A House subcommittee markup of a bill to address the Postal Service\'s financial problems broke down along partisan lines. Democrats accused Republicans of using this legislation to weaken labor provisions. Republicans said Democrats would prefer bailing out the agency rather than making it sustainable. The bill now goes to the full House Oversight and Governmental Reforms Committee.
The plan to require feds to pay more for their pensions is a blow to your take-home pay, Senior Correspondent Mike Causey says, but it could have been — and may yet be — a lot worse.
Federal, military and Social Security retirees were delighted last month when it appeared they were on track for a January cost of living adjustment of around 3.3 percent, but Senior Correspondent Mike Causey says living costs are down, believe it or not, and the COLA may be in danger of stalling.
Getting and keeping a security clearance is vital in a growing number of federal jobs. And useful when feds retire and go into the private sector. But are those all-important clearances going to be harder to get, and keep in the future? Senior Correspondent Mike Causey explains.
Federal and postal workers and retirees are under so many attacks that many of them don\'t know which of the threats is real and which is most serious. Senior Correspondent Mike Causey says a lot of people are worrying about something that probably won\'t happen while ignoring several bigger threats.
After Rep. Darrell Issa (R-Calif.) questioned the Postal Service\'s decision to stop paying to FERS, attorney Bill Bransford said Issa may be concerned that USPS is setting a precedent for subsidizing other financially unstable agencies.
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.
Sen. Barbara Mikulski (D-Md.) is asking the Treasury secretary to block efforts to increase the amount federal employees must contribute to their pensions.
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.
FMA\'s Jessica Klement discusses the biggest legislative threat to federal employees\' pensions. June 1, 2011(Encore presentation June 29, 2011)
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.
Multiple proposals being discussed by Congress and the White House would affect feds\' pay and benefits. Host Mike Causey is joined by Steve Losey and Steve Watkins of the Federal Times to discuss what might be coming down the road. May 25, 2011