The FED Weekly

Dave Faulk

Welcome to The FED Weekly, the go-to podcast for current and retired U.S. federal employees who need to stay informed on the issues that matter most. In a rapidly changing political landscape, we deliver concise, weekly updates on the legislative, executive, and agency-level actions that have a direct impact on your professional life and financial future.

  1. JAN 27

    The FED Weekly 18-24 Jan 2026 (Episode 34)

    In this episode of The FED Weekly, we cover key developments for federal employees and retirees from January 18–24, 2026. The Office of Personnel Management confirmed a modest 1.0% pay raise for federal workers, while locality pay rates remain frozen. The House passed major spending bills, including provisions to extend Medicare telehealth and reform pharmacy benefit managers. Retirees saw updates to IRS tax forms and new guidance on pension rollover rules, along with reminders on how retirement timing impacts cost-of-living adjustments. Federal law enforcement received a 3.8% special salary rate increase, and the Thrift Savings Plan now automates catch-up contributions. Workforce reductions hit several agencies, prompting union legal action, and leadership changes at the Federal Labor Relations Authority may affect union rights. Lawrence emphasizes the importance of staying informed about these evolving policies and benefits. (00:00) - Introduction: Your Weekly Federal Briefing (00:43) -  Issues That Affect Current and Retired Federal Workers (01:06) - 2026 Federal Pay Adjustment Details (03:19) - House Passes Major Appropriations Bills (06:39) - Digital Accessibility Milestones (07:28) -  Issues That Affect Retired Federal Workers (07:43) - IRS Tax Withholding Updates for Retirees (09:32) -  The Importance of Retirement Timing (11:00) -  Issues That Affect Current Federal Workers (11:03) - New Salary Rates for Law Enforcement (12:14) - TSP Spillover Method Implementation (13:08) - Agency Layoffs and Workforce Reductions (14:08) - Legal Challenges and Board Quorums (15:27) - Conclusion: Stay Informed and Engaged

    16 min
  2. JAN 5

    The FED Weekly 28 Dec 2025 - 3 Jan 2026 (Episode31)

    In this episode of The FED Weekly, we recap key developments for federal employees and retirees from December 28, 2025, to January 3, 2026. Highlights include President Trump’s executive order granting extended holidays, which resulted in forfeited use-or-lose leave for some workers. Federal health benefit premiums have surged again—up 12.3% for most and 11.3% for postal workers—outpacing inflation. Congress faces a looming January 30 funding deadline after a record-breaking shutdown last fall. Retirees receive a finalized 2026 COLA: 2.8% for CSRS/Social Security and 2.0% for FERS. Errors on annuitant statements are addressed, with reassurance on actual payments. Recent Social Security bills aim to improve services but don’t address major benefit reforms. Notably, the repeal of the windfall elimination provision is now in effect for the first full year. The 2026 federal pay raise is low—just 1%—except for law enforcement, who receive about 3.8%. Major executive actions are ending most telework and prompting union backlash amid significant workforce cuts, especially in education and veterans’ affairs. Retirement savings rules also change, with higher contribution limits and mandatory Roth catch-ups for higher earners. (00:00) - Introduction and Overview (00:46) -  Issues That Affect Current and Retired Federal Workers (02:09) - Healthcare Costs and Premium Increases (03:20) - Legislative Updates and Government Operations (05:50) -  Issues That Affect Retired Federal Workers (07:46) - Social Security and Medicare Changes (10:07) -  Issues That Affect Current Federal Workers (14:37) - Retirement Savings and TSP Updates (15:50) - Conclusion and Wrap-Up

    16 min
  3. 12/14/2025

    The FED Weekly 7-13 Dec 2025 (Episode 28)

    This episode of The FED Weekly covers the critical updates for federal employees and retirees from December 7-13, 2025. Key focus areas include the end of the federal Benefits Open Season and a sharp 12.3% increase in health insurance premiums for 2026, compounding a 25% hike over two years. Budget negotiations resulted in another temporary continuing resolution, extending federal funding through March 2026 but restricting agency operations. There’s concern over minimal pay raises: most federal workers receive just a 1.0% increase (with no bump to locality pay), far below inflation, except for specific law enforcement roles, who get 3.8%. Retirees face diminishing real income, as rising healthcare and Medicare costs outpace COLA increases. Legislative action saw Congress pass a bill to protect labor rights, but related protections were stripped from the crucial NDAA, leaving defense workers exposed. Additionally, federal wage-grade employees will see retroactive pay raises in early 2026. The episode closes with advice to stay informed and engaged amid ongoing changes in pay, benefits, and labor rights. (00:00) - Introduction: Your Weekly Federal Briefing (00:44) -  Issues That Affect Current and Retired Federal Workers (00:47) - Healthcare Costs and Open Season Conclusion (05:30) - Government Funding and Continuing Resolution (10:35) - Administrative and Regulatory Changes (12:44) -  Issues That Affect Retired Federal Workers (15:50) -  Issues That Affect Current Federal Workers (21:01) -  The Battle for Labor Rights: H.R. 2550 vs. The NDAA (24:36) -  Retroactive Pay for Wage Grade Employees (25:18) - Conclusion: Staying Informed and Engaged

    26 min

About

Welcome to The FED Weekly, the go-to podcast for current and retired U.S. federal employees who need to stay informed on the issues that matter most. In a rapidly changing political landscape, we deliver concise, weekly updates on the legislative, executive, and agency-level actions that have a direct impact on your professional life and financial future.