NARFE calls passage of 5 percent increase in retirement contributions 'unconscionable'
The House May 10 passed legislation that would require federal employees to increase contributions to their retirement by 5 percent. NARFE had urged defeat of the cuts, and more than 6,400 NARFE members sent messages to their representatives over a 48-hour period, responding to an "Action Alert" from NARFE Headquarters. To see the NARFE press release on passage of the bill, click here.
Withholding Medicare premium from Social Security benefit
Question: My husband is receiving a Social Security payment that is smaller than the amount of his Medicare Part B premium, causing him to be billed for the difference. We are trying to have his Medicare Part B premium taken out of his Civil Service Retirement System annuity instead, but are getting conflicting information from Social Security about whether that is possible. His Social Security benefit is a result of his earnings, if that makes a difference. More
House passes bill to cut feds' take-home pay by 5 percent
Federal Times Share
The House passed a Republican budget bill that would hike federal employees' pension contributions by 5 percent of their pay. The 2012 Sequester Replacement Reconciliation Act proposed by Rep. Paul Ryan, R-Wis., seeks to shift $98 billion in sequestration budget cuts scheduled to take effect in January away from defense and other social programs. The bill would effectively cut federal employees' pay by 5 percent, and leave FERS employees contributing 5.8 percent of each paycheck toward their pensions and CSRS employees contributing 12 percent. More
Viewpoint: Do not interfere with America's federal workforce
Government Executive Share
Have you ever visited a country where the water is unsafe to drink, where people wear masks outside because the air is unsafe to breathe, where infant mortality is high and guards armed with automatic weapons are a common sight on public streets? Do you stay up nights worrying about the security of your bank deposits, or wondering whether your mother will receive her Social Security check this month? Most Americans will never experience these concerns for one primary reason: our federal workforce. More
Federal workers survey asks their sexual orientation
The Washington Post Share
Among the things managers will learn about the federal workforce when this year's survey of how happy employees are at their jobs is completed in June is how many lesbian, gay, bisexual and transgender employees work in the government. This census of sexual orientation appears in the Federal Employee Viewpoint Survey for the first time this year, along with other new questions inviting federal workers to say whether they are disabled or have ever served on active military duty. More
An insurance policy made to order for the sandwich generation
Imagine this scenario: You'll while away your golden years in excellent health and fair financial shape before dropping dead from a heart attack at 93. You'll never need to spend any money on nurses and long-term care. As far as plans for one's eventual demise go, it's a fairly upbeat one. And more and more baby boomers are realizing that's probably not how it's going to go down for them. More
Fresh vs. canned: Can you get healthy food from a can?
Nutrition experts are constantly urging Americans to eat healthier — that usually means including more fresh fruits and vegetables in our diet. But fresh foods are expensive and often difficult to obtain for many families, which is why researchers from Ketchum Global Health and Wellness asked if fresh food is really always best. More
When grandkids ask for money
Fox Business Share
Studies show that more young adults are turning to their grandparents for help buying their first home — skipping a generation because their parents are too worried about retirement savings. Daniel Van Der Vliet, director of the Family Business Initiative at the University of Vermont, shares the following tips for baby boomers being asked for loans by their grandchildren. More
Job search in the digital age
The Huffington Post Share
The job market has gotten remarkably complicated lately, and it's not just recession, off-shoring, outsourcing and globalization. These are part of it, obviously, but it's more than that. The Internet has fundamentally changed the way employers hunt for talent, and the more companies depend on resume boards, search engines and social networks, the more these tools become a necessary part of a job search strategy. As it turns out, however, the online world is just part of the equation. More
Older homeowners staying put
The Inquirer Share
The housing market's continuing struggles have upset the retirement plans of millions of Americans, keeping more of them in their current homes, waiting for diminished equity to reappear. Others plan to move, but they appear to be demanding something much different from what they wanted before the real estate boom turned to bust: smaller, less expensive retirement houses they can afford with their reduced means. More
20 ways to save big on your next vacation
Money Talks News Share
Summer vacations are on the rise again ... as long as vacationers are getting a good value. Money Talks News founder Stacy Johnson shares his five best tips. Check it out, and then read on for more ways to go on vacation without going broke. More
10 items with ludicrous markups
WalletPop via msnbc Share
Who wouldn't want to save both time and money? Often, however, one comes at the expense of the other. Convenience, for example, comes at a price. You'll pay dearly for the luxury of enjoying a candy bar from the minibar in your hotel room. Make the effort to walk out of the hotel and the price of the candy bar drops significantly. Here's WalletPop's list of the top 10 overpriced products you should avoid if you want to save money. More
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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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