Jessica Klement
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Even though we've lived through a city-flattening blizzard, the advent of a bear market and umpteen presidential debates on TV, the year is still young. You still have time to do some careful planning on the financial front. Joining Federal Drive with Tom Temin with some predictions for what Congress will do to and about the federal workforce this year is Jessica Klement, legislative director of the National Active and Retired Federal Employees Association.
February 01, 2016 -
Low inflation makes a cost-of-living adjustment for federal retirees unlikely next year. If that happens it could make almost a million former federal employees a little poorer. Jessica Klement, legislative director for the National Active and Retired Federal Employees association, told In Depth with Francis Rose why Civil Service Retirement System retirees might see an income drop next year
October 12, 2015 -
Congress has its eye on the G-Fund again. Some members want to change the way the rate of return is figured. One version of the federal budget in the House estimates savings up to $32 billion to fund other programs. But, members of the Employee Thrift Advisory Council are warning those changes could cause people to get out of the TSP altogether. Jessica Klement, legislative director of the National Active and Retired Federal Employees Association, joined In Depth with Francis Rose to talk about the proposed legislation.
September 11, 2015 -
Federal and Social Security retirees are due an inflation catchup in January, but Senior Correspondent Mike Causey says it's likely to be a no-cal COLA again.
August 26, 2015 -
Senate Minority Leader Harry Reid (D-Nev.) said Congress should starting working now on a budget deal for the beginning of fiscal 2016. A deal is likely to be at the top of the list of priorities when Congress comes back Sept.8. Jessica Klement, legislative director of the National Active and Retired Federal Employees association, tells In Depth with Francis Rose, she's already anticipating the challenges when Congress comes back.
August 18, 2015 -
Senate leaders agreed in principle to a six-year highway transportation fund bill that doesn’t try to raise money by changing the way the interest rate on the G-Fund is calculated. But Democrats stopped the bill from moving to a full vote because they wanted more time to read the entire bill.
July 21, 2015 -
The Senate is working on a long-term highway spending bill that taps billions of dollars from the Thrift Savings Plan to help pay for it. House budget writers say the G-fund is just too good of a deal and they want to base the fund's interest rate on a three month average instead of the current four-year average. Kim Weaver of the Federal Retirement Thrift Investment Board says that would make the G-fund virtually worthless for TSP participants. Jessica Klement is legislative director of the National Active and Retired Federal Employees Association. She tells In Depth with Francis Rose that NARFE wants Congress to come up with another solution.
July 21, 2015 -
Federal News Radio asked readers how they rated the performance of the Office of Personnel Management in communicating information about the recent data breaches. An overwhelming number rated the information as \"poor\" and many still didn\'t understand what happened or what they should do next.
June 18, 2015 -
Federal employees who get injured on the job may not be able to tap into workers compensation benefits anymore when they reach retirement age. The Labor Department has a proposal to reform the 99-year-old Federal Employees Compensation Act. The department says it encourages disabled employees to rely on other savings instead. It also cuts extra compensation employees with dependents now get. But some employees\' unions say FECA reform doesn\'t consider the disadvantages workers with disabilities already have. Jessica Klement, legislative director at the National Active and Retired Federal Employees association, tells In Depth with Francis Rose about NARFE\'s concerns.
June 02, 2015 -
Both the House and Senate's budget plans for fiscal 2016 aim to reduce the federal deficit. And to help do that, both plans include provisions to increase federal employee pension contributions. Jessica Klement is Legislative Director of the National Active and Retired Federal Employees Association. On In Depth with Francis Rose, NARFE said those and other provisions tantamount to a pay cut for federal employees.
March 31, 2015 -
It's March Madness on Capitol Hill. In Depth host Francis Rose looks at four bills in Congress that are now vying for a shot at the Big Dance.
March 16, 2015 -
Rep. Bruce Westerman (R-Ark.) is proposing a bill to change how to calculate cost of living adjustments for federal pension plans. The high-five method would factor in the five highest-earning years of service instead of three years. The Congressional Budget Office says it would save the federal government #3.1 billion over 10 years. Jessica Klement is legislative director of the National Active and Retired Federal Employees Association. On In Depth with Francis Rose, she offered her take on the bill.
March 10, 2015 -
Jason Briefel hosts a roundtable discussion of the top federal issues, including DHS funding and the federal employee pay raise. February 20, 2015
February 20, 2015 -
Jessica Klement, Legislative Director of NARFE, and Debra Roth, a partner at Shaw Bransford & Roth, coutn down the week's top federal stories with Francis Rose.
February 13, 2015