The Federal Eye: retirement


Posted at 12:05 PM ET, 04/08/2014

Parties stake out dueling positions on federal workforce issues

Workforce size and the amount employees pay toward retirement benefits will be among the issues the House is set to consider.

By Eric Yoder  |  12:05 PM ET, 04/08/2014 |  Permalink  |  Comments ( 0)
Tags:  budget, federal employee retirement, federal employees, federal workforce

Posted at 11:49 AM ET, 04/01/2014

Ryan plan again seeks higher retirement contributions by federal workers

The House budget plan repeats a proposal to increase the amount federal employees pay toward their retirement benefits.

By Eric Yoder  |  11:49 AM ET, 04/01/2014 |  Permalink  |  Comments ( 0)
Tags:  attrition, federal employees, federal workforce, FERS, retirement contributions, ryan budget

Posted at 01:31 PM ET, 02/13/2014

Federal retirements may not come in a wave

Data suggests federal employees who are eligible for retirement don’t always take that option right away.

By Eric Yoder  |  01:31 PM ET, 02/13/2014 |  Permalink  |  Comments ( 0)
Tags:  federal employees, federal retirement, retirement eligibility, retirement projections

Posted at 03:04 PM ET, 02/10/2014

Hill report puts dollar figures on military retiree COLA limit

The Senate has scheduled a preliminary vote on Monday to repeal a military pension cut.

By Eric Yoder  |  03:04 PM ET, 02/10/2014 |  Permalink  |  Comments ( 0)
Tags:  cost of living adjustment, military cola, military pension, military retirement

Posted at 02:18 PM ET, 01/29/2014

Key federal-employee policies have changed during Obama administration

Key developments for the federal workforce during President Obama’s tenure in the White House.

By Eric Yoder  |  02:18 PM ET, 01/29/2014 |  Permalink  |  Comments ( 0)
Tags:  Federal benefits, federal employees, federal pay, federal retirement, State of the Union

Posted at 01:53 PM ET, 12/09/2013

Impact of budgetary hit to federal retirement weighed

Requiring federal employees to pay more toward their retirement benefits likely would hurt retention, but effect on recruitment less certain, study says.

By Eric Yoder  |  01:53 PM ET, 12/09/2013 |  Permalink  |  Comments ( 0)
Tags:  budget, CSRS, federal employee benefits, federal retirement, FERS, retirement contributions

Posted at 03:36 PM ET, 11/18/2013

More federal employees tapped retirement savings in shutdown

Drawdown of TSP accounts could impact long-term finances of employees who faced short-term hardships.

By Eric Yoder  |  03:36 PM ET, 11/18/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, furloughs, government shutdown, retirement savings, Thrift Savings Plan, TSP

Posted at 01:00 AM ET, 11/12/2013

Key 2014 financial figures for federal workers looking mixed

Pay raise not yet final, while other numbers to rise, fall, or remain the same.

By Eric Yoder  |  01:00 AM ET, 11/12/2013 |  Permalink  |  Comments ( 0)
Tags:  cola, federal employees, federal pay, federal retirement, FEHBP, public transit subsidy, Thrift Savings Plan, TSP

Posted at 09:17 AM ET, 10/30/2013

Retirees to get 1.5 percent inflation increase to benefits

Cost of living adjustment for retirees exceeds expected pay raise for federal workers.

By Eric Yoder  |  09:17 AM ET, 10/30/2013 |  Permalink  |  Comments ( 0)
Tags:  cola, federal retirement, inflation adjustment, retirement, social security

Posted at 09:34 AM ET, 10/01/2013

Shutdown Q and A: Federal retirement benefits

How the shutdown affects federal retirement benefits, for both active and retired employees.

By Eric Yoder  |  09:34 AM ET, 10/01/2013 |  Permalink  |  Comments ( 0)
Tags:  federal annuities, federal retirement, government shutdown, Thrift Savings Plan

Posted at 06:01 AM ET, 09/24/2013

Shutdown threat raises pay, benefits issues for federal employees

Some answers to common questions about the financial impact on the government’s workforce.

By Eric Yoder  |  06:01 AM ET, 09/24/2013 |  Permalink  |  Comments ( 0)
Tags:  benefits, federal employees, government shutdown, health insurance, pay, retirement

Posted at 01:45 PM ET, 09/05/2013

Postal Service planning to offer early retirement for thousands of managers

The financially struggling agency has offered such incentives in past years to trim its workforce and reduce costs.

By Josh Hicks  |  01:45 PM ET, 09/05/2013 |  Permalink  |  Comments ( 0)
Tags:  early retirement

Posted at 04:36 PM ET, 08/05/2013

DOMA decision triggers federal retirement policy changes

Federal retirees now may provide survivor benefits to same-sex spouses but at a cost.

By Eric Yoder  |  04:36 PM ET, 08/05/2013 |  Permalink  |  Comments ( 0)
Tags:  defense of marriage act, federal employees, federal retirement, survivor benefits

Posted at 03:09 PM ET, 08/05/2013

OPM to miss goal for clearing retirement-claims backlog

The agency cited a loss of overtime hours and a spike in retirements as obstacles to meeting its goal.

By Josh Hicks  |  03:09 PM ET, 08/05/2013 |  Permalink  |  Comments ( 0)
Tags:  retirement claims

Posted at 11:59 AM ET, 06/04/2013

'Phased retirement' policy for federal workers unveiled

Retirement-eligible federal workers could switch to a hybrid of work and retirement under proposed rules.

By Eric Yoder  |  11:59 AM ET, 06/04/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, phased retirement

Posted at 06:02 AM ET, 05/15/2013

Roth-style investing in TSP continues to grow

After-tax investing style has been available for a year in government's 401(k)-style plan.

By Eric Yoder  |  06:02 AM ET, 05/15/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, retirement savings, Roth, Thrift Savings Plan

Posted at 08:28 AM ET, 05/09/2013

Fed retirement system works but problems remain, OPM says

Retirement system for federal workers generally works well, but significant problems remain.

By Joe Davidson  |  08:28 AM ET, 05/09/2013 |  Permalink  |  Comments ( 0)
Tags:  federal retirement

Posted at 01:22 PM ET, 03/13/2013

Congress takes up federal employee pay, retirement proposals

Both sides of the Capitol on Wednesday took up budget measures with provisions of direct importance to federal employee pocketbooks.

By Eric Yoder  |  01:22 PM ET, 03/13/2013 |  Permalink  |  Comments ( 0)
Tags:  budget, federal employees, pay freeze, retirement contributions, sequestration

Posted at 12:04 PM ET, 03/12/2013

Ryan budget seeks higher retirement contributions by federal employees

The federal workforce would be reduced by attrition and employees would pay more toward their retirement benefits under the budget plan unveiled Tuesday by House Budget Committee Chairman Paul Ryan (R-Wis).

By Eric Yoder  |  12:04 PM ET, 03/12/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, hiring freeze, retirement contributions, ryan budget

Posted at 02:00 PM ET, 03/01/2013

Alternatives to sequester could hit federal employees in other ways

While sequestration threatens widespread furloughs of federal employees, enactment of an alternative could amount to a case of pick your poison.

By Eric Yoder  |  02:00 PM ET, 03/01/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, furloughs, retirement contributions, sequester, sequestration

Posted at 05:46 PM ET, 02/21/2013

Cantor calls for increasing federal employee retirement contributions

House Majority Leader Eric Cantor (R-Va.) on Thursday again called for replacing sequestration with changes including revisions to the federal employee retirement program.

By Eric Yoder  |  05:46 PM ET, 02/21/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, retirement contributions, sequester, sequestration

Posted at 05:50 PM ET, 02/19/2013

New Simpson-Bowles plan could revive earlier proposals on fed worker benefits

The new Simpson-Bowles deficit reduction initiative could revive several proposals of the original plan that would have a significant impact on federal employee benefits.

By Eric Yoder  |  05:50 PM ET, 02/19/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, FEHBP voucher plan, retirement contributions, simpson-bowles

Posted at 03:23 PM ET, 02/14/2013

A dozen years later, personnel losses are still on GAO's high-risk list

Shortages of employees with certain crucial skills and the pending loss of many experienced workers to retirement remain major management challenges for the government, a report says.

By Eric Yoder  |  03:23 PM ET, 02/14/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employees, High-risk list, human capital, retirement wave

Posted at 11:42 AM ET, 01/08/2013

Government may disinvest in fed worker retirement fund to avoid default

The Thrift Savings Plan has assured investors that the move would not come at a personal cost to them and that federal law protects their earnings.

By Josh Hicks  |  11:42 AM ET, 01/08/2013 |  Permalink  |  Comments ( 0)
Tags:  retirement plans

Posted at 02:50 PM ET, 01/02/2013

TSP closes books on positive 2012

Each of the investment funds available to federal employees through their 401(k)-style retirement savings program posted gains in 2012, with three stock-oriented funds leading the way.

By Eric Yoder  |  02:50 PM ET, 01/02/2013 |  Permalink  |  Comments ( 0)
Tags:  federal employee retirement savings, Thrift Savings Plan, TSP

Posted at 11:50 AM ET, 11/27/2012

Benefits expansion for domestic partners would have small impact on costs, CBO says

Extending federal employee health insurance and retirement survivor benefits to same-sex domestic partners would have a relatively small impact on the number of people covered and the cost of those programs, according to an analysis done for Congress.

By Eric Yoder  |  11:50 AM ET, 11/27/2012 |  Permalink  |  Comments ( 0)
Tags:  domestic partners, federal employees, federal employment benefits, federal health insurance, federal retirement

Posted at 02:08 PM ET, 02/23/2012

Federal retirement contributions: Questions and answers

A summary of issues surrounding the new law requiring higher contributions by federal employees who will be hired starting next year.

By Eric Yoder  |  02:08 PM ET, 02/23/2012 |  Permalink  |  Comments ( 0)
Tags:  federal retirement system