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An amendment to a Senate bill aiming to restructure the U.S. Postal Service's financial framework would institute new agency reporting requirements for retiring federal workers in anticipation of a "deluge of retirees" from USPS. Sens. Mark Warner (D-Va.) and Barbara Mikulski (D-Md.), introduced an amendment last week that requires the Office of Personnel Management to take new steps to chip away at the longstanding backlog of federal retirement claims.
This year and the next could set a new record for federal retirements. Senior correspondent Mike Causey says that's good news if you are stuck on your agency's promotion ladder, but not so good news if it means finding a cookbook for ways to prepare cat food.
The Office of Personnel Management has consistently made progress processing retirement claims since the start of the calendar year, even as federal employees continue to retire in higher-than-projected numbers. In each of the first three months of the year, OPM surpassed its processing goal, according to OPM data released last week.
If you've retired in the last year, you know all about the long wait to get a full annuity payment. OPM has declared war on the backlog, but how does it win? Some experienced feds suggest you can help your own case, Senior Correspondent Mike Causey says.
Why is your decision to retire someday, or take a buyout right away, something like the problem Gen. Custer faced during the Battle of the Little Big Horn? Senior Correspondent Mike Causey explains.