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.
The White House has revived old proposals to make feds pay more for, and get less from, their retirement package while also eliminating a gap payment for workers who retire before age 62, even if they are required to do so.
NARFE president Richard Thissen and Federal News Radio reporter Nicole Ogrysko join host Mike Causey on this week's Your Turn to discuss proposed changes to the federal retirement system and the odds that any of them will become law this year. May 9, 2018
The Office of Personnel Management detailed several significant proposals that would impact the current federal employee retirement system.
The first quarter of 2018 has not been a good one for the Thrift Savings Plan. Why? Find out when financial planner Arthur Stein joins host Mike Causey on this week's Your Turn radio show. April 18, 2018
What does the federal Thrift Savings Plan have in common with the Washington Nationals baseball team? Short answer: Neither is performing at their 2017 pace.
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.
It's a scientific fact that 62 percent of all federal workers in the Washington area born before 1994 suffer from advanced déjà vu syndrome.
If somebody said your federal pension plan needs $152 billion in nip and tuck surgery, would you be alarmed? Maybe you should be, says Senior Correspondent Mike Causey.
Most people retiring from the federal government are at least as well off as their retired private-sector friends and neighbors, in many cases better off.
How would President Donald Trump's proposed 2019 budget affect federal workers? Find out when Tony Reardon, national president of the National Treasury Employees Union, joins host Derrick Dorth on this week's Fed Access. February 26, 2018
Mike Causey says if Congress approves the 2019 budget, current and future employees under FERS could get smaller starting annuities when they retire.