FERS
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Host Debra Roth is joined by Federal News Radio\'s Mike Causey, NARFE Legislative Director Dan Adcock, and World at Work\'s Lenny Sanicola to talk about pending legislation in Congress that would change retirement benefits for federal workers. May 20, 2011
May 20, 2011 -
Without action from Congress, the U.S. Postal Service will default on its obligations to future retirees\' health care accounts. Next up are payments to employees and vendors, the postmaster general told Congress Tuesday.
May 18, 2011 -
The amount of money you must pay to your retirement fund could be going up. The 2012 budget proposal from House Republicans would require you to contribute 6 percent of your salaries. That\'s a jump of more than 5 percent.
May 16, 2011 -
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.
May 13, 2011 -
Most federal investors are smart enough to be actively participating in the Thrift Savings Plan, but how much of their biweekly check should they earmark for the federal 401(k) plan? Senior Correspondent Mike Causey asked a pro and got some interesting answers.
April 19, 2011 -
Federal and military retirees have been on a no-calorie diet for the past two years. But they may be in line for a cost of living adjustment in January 2012. Senior Correspondent Mike Causey crunches the numbers.
April 18, 2011 -
Most individuals have a time period they consider the good old days...when kids were kids...people didn\'t lock their doors. But Mike Causey says that for many federal workers the good old days didn\'t last very long because they only included last weekend!
April 14, 2011 -
The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees\' Retirement System. Republicans say USPS needed to do much more to \"right-size\" its costs and operations.
April 06, 2011 -
The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees\' Retirement System. Republicans say USPS needed to do much more to \"right-size\" its costs and operations.
April 06, 2011 -
Some members of Congress believe that the best way to improve government services is to break the spirit of people who work for government. Senior Correspondent Mike Causey says that\'s one way, but not necessarily the smart way, to do business.
March 24, 2011 -
The Public-Private Employee Retirement Act of 2011, introduced in the Senate, would end the defined benefit portion of feds\' retirement starting with new hires in 2013.
March 21, 2011 -
Postmaster General Pat Donahoe said he\'s ready to announce more RIFs and without legislative help USPS will face insolvency this year. Sen. Susan Collins introduced a bill to help solve some of the challenges the Postal Services faces.
March 03, 2011 -
Patrick Donahoe became the 73rd Postmaster General Friday, assuming control of the Postal Service in the midst of a fiscal crisis. Donahoe said USPS will reduce its workforce by another 7,500 people in 2011. Still, he\'s optimistic about the future. In the short term, however, the reality is that postal workers are likely to suffer while the agency tries to balance its books.
January 17, 2011 -
As proposed by the President, people who pay into Social Security would have their payroll tax cut by 2 percentage points next year. Those who don\'t pay into Social Security, like nearly 600,000 federal employees, would see no change. NARFE\'s Dan Adcock explains why there\'s grousing on both sides.
December 15, 2010 -
Has the proposed social security tax cut triggered a civil war in your office? Senior Correspondent Mike Causey says in some locations there is a major rift between younger workers under the FERS system who would get the break and their older CSRS colleagues who won\'t get it.
December 14, 2010