WHY DO FEDERAL WORKERS WANT TO KEEP WORKING
That is a very interesting question and one most of us think we know the answer to. Staying in the Federal service is more of a need than a want. Many workers just don’t have the financial readiness to retire and live the kind of life style they have imagined. Those individuals who are eligible […]
COST OF LIVING ADJUSTMENT
There will be a Cost-of-Living Adjustment (COLA) in 2015; perhaps not as much as might have been expected but an adjustment nonetheless. Retirees, individuals receiving Social Security and disabled Veterans will receive a 1.7 percent cost-of-living adjustment. The COLA is based on increases in the Consumer Price Index (CPI). When prices in housing, clothing, medical […]
NEWSLETTER WEEKLY-A NEW TWIST ON PHASED RETIREMENT
Just when I thought we had it all worked out and knew the reasoning behind Phased  a Federal worker added a new twist to the subject. Having informal forums to tap into the pulse of the people that really matter is priceless. Although I have been at the level of executive leadership for more years than […]
ACTIVE AND FEDERAL RETIREES QUESTION THE CLAIMS PROCESS
Many organizations use claims data to determine what kind of benefits package is best for the organization. When employees hear about their places of employment looking into the kind of claims they file, then they get a bit antsy because it feels like an invasion of privacy to the workforce. However, the strategy is used to […]
ARE ALL LIFE INSURANCE ADVISORS EQUAL
Unfortunately all life insurance advisors are not equal in their knowledge and that can be dangerous for any consumer seeking information from a professional. A young woman came to a discussion group on retirement preparedness. She was so jaded because of some information she had gotten from an insurance representative. The young woman told her story […]
NEWSLETTER WEEKLY-HEALTH CARE COSTS
With Open Season, Federal employees begin to hear so many things, much more than whether to switch health care plans or not. They are also preoccupied with whether their plan will increase in cost and if the plan will offer the benefits including affordability. While there are many factors Federal employees have to think about, […]
Does The Federal Government Know What You Need?
The Office of Personnel Management (OPM) conducts a survey to check the pulse of the workforce in terms of the Government’s performance, but does the Government know what its workers really need.
TELEWORK AND THE NUMBERS GAME
The Federal Government is playing the numbers game in trimming the number of workers on the Federal rolls. Natural attrition via retirement is not achieving the numbers the Federal government is pushing for. Although, retirement seemed to have slowed the number of applications in need of quick processing turn-around remains high. Telework is not a […]
Will Insurance Premiums Rise For Federal Employees?
There has been plenty of talk about health insurance premiums being on the rise with more of the financial responsibility being placed on the employee.
Open Season and Other Benefits
Enrollment For Federal Employee Benefits The Thrift Savings Plan (TSP) no longer has an Open Season. Employees may start, stop or change their TSP contributions or participation in the TSP at any time. The Federal Long Term Care Insurance Program (FLTCIP) also does not conduct an annual Open Season. Employees can apply anytime for FLTCIP. There […]
