Proposed pay raise draws ire from all sides
Federal Times Share
Most federal employees would barely notice President Barack Obama's proposed 0.5 percent pay raise in their paychecks in 2013. A GS-9, Step 1, employee in the Washington area, who now receives a before-tax annual salary of $51,630, would get a $258 raise in 2013 under Obama's plan. That would translate to an extra $10 in that employee's paycheck every two weeks — and that's before taxes and other deductions are taken out. More
Obama takes on big government: 'It has to change'
The Associated Press via Federal News Radio Share
Seeking more power to shrink the government, President Barack Obama on Jan. 13 suggested smashing six economic agencies into one, an election-year idea intended to halt bureaucratic nightmares and force Republicans to back him on one of their own favorite issues. His first potential target: merging six major trade and commerce agencies into a one-stop-shopping department for American businesses. The Commerce Department would be among those that would cease to exist. More
5 bad habits to break before retirement
U.S. News & World Report Share
It's no secret that most of us have bad habits when it comes to money management. Having a steady income from full-time employment tends to offer up some forgiveness for these transgressions. But bad money habits can follow us into retirement, long after the steady flow of money dries up to a dribble, and cause us to run out of money long before we run out of years. Here are five bad financial habits you should break now in order to keep them from breaking you during your golden years. More
Study: Magnesium-rich diet may lower stroke risk
People who eat lots of magnesium-rich foods — such as leafy green vegetables, nuts and beans — have fewer strokes, according to an international analysis covering some 250,000 people. But the authors of the study, published in the American Journal of Clinical Nutrition, stopped short of recommending people take a daily magnesium supplement because their analysis focused on magnesium in food — and it may be another aspect of the food that is responsible for their finding. More
As baby boomers retire, a focus on caregivers
As the country braces for the prospect of providing health care to roughly 72 million adults, the impact on caregivers is coming into focus. A study released recently found that Americans caring for aging and chronically ill relatives reported higher levels of stress, poorer health and a greater tendency to engage in unhealthy behaviors to alleviate stress than the population at large. More
Tips for baby boomers looking for work
Seattle Post-Intelligencer Share
Unfortunately, it takes older workers longer to find jobs, just over a year for people 50-plus compared to 38.6 weeks for younger workers. Nicholas Lore, career coach and author of "The Pathfinder: How to Choose or Change Your Career for a Lifetime of Satisfaction and Success," offers these tips to help people over 50 find a job they'll love. More
Retirees can add 'living longer' to their list of worries
Financial Planning Share
It's probably one of the few risks in life most people are happy to take: the risk of living to a ripe old age. But "longevity risk," as the retirement experts have dubbed it, is real and it's expected to affect millions of Americans as baby boomers begin to retire. Today, healthy 65-year-olds have at least a 40 percent chance of living into their 90s, seemingly good news but, in fact, a mixed blessing as many of them will be at risk of outliving their savings, one of the biggest perils of old age. More
Send a paper postcard from your smartphone
No matter how high-tech you are, there's still something special and sweetly old-fashioned about getting a "Wish you were here" paper postcard from a friend or family member who took the time to buy a stamp, scrawl a message, and locate both your street address and a mailbox. For a while, it seemed digital cameras and camera-equipped mobile devices would be making carrier-delivered postcards obsolete. But now there are apps and websites that make it easy — and fun — to turn digital images into high-quality, personalized and, in some cases, scented postcards that arrive in the mail. More
Products that will cost more, and less, in 2012
CBS News Share
What's going to be cheaper in the coming year, and what should you snap up fast before the prices start to soar? Deal News, a site that aims to ferret out bargains in everything from electronics to travel, has come up with listings based on the deals they're seeing now. Not surprisingly, they're calling for lower prices for iPad2s and Android tablets, as new models and competitors ramp up their offerings. But some of the picks are downright surprising. More
Re-enrolling in the FEHBP
Question: My husband and I are retired federal employees, and my husband also retired from the U.S. Army. We recently suspended our enrollment in the Federal Employees Health Benefits Program to join the military's TRICARE For Life program, with the understanding that we could resume our FEHBP enrollment at a later date if we wanted to. Would there be any kind of penalty levied against us if we were to re-enroll in the FEHBP? More
NARFE seeks member input for Feb. 1 Senate hearing
NARFE will testify Feb. 1 on the impact of delays in the processing of federal retirement annuities before the Senate Subcommittee on Oversight of Government Management, the Federal Workforce and the District of Columbia. To prepare for this testimony, the Association is seeking members who have experienced delays in the processing of their annuities by the Office of Personnel Management. If you experienced delays, please contact NARFE by this Friday, Jan. 20, at firstname.lastname@example.org.
Are you a member of NARFE? If not, join today!
The National Active and Retired Federal Employees Association is the only organization dedicated solely to protecting and enhancing the health care and retirement benefits of federal employees and their survivors.
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