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Main Home Page   Members Home Page   Public Relations May 17, 2011
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Federal worker pensions emerge as target in debt-reduction talks
The Washington Post    Share   Share on FacebookTwitterShare on LinkedinE-mail article
The generous pension system enjoyed by millions of federal workers from clerks to senators and judges has emerged as a key target in negotiations between Vice President Joe Biden and congressional leaders looking to restrain the growing national debt. Republicans have proposed saving more than $120 billion over the next decade by requiring the civilian workforce to contribute more toward retirement — a plan that would effectively impose an immediate 5 percent pay cut on more than 2 million federal employees. More

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Your circumstances can complicate estate planning
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Estate planning is complicated enough in second marriages, but toss in a wrinkle or two, and you could be setting up loved ones for heartache. Marrying a noncitizen, someone with significant health issues or someone much different in age can have serious implications for your estate. Yet many baby boomers and those from the earlier generation, at least the wealthy ones recently surveyed by U.S. Trust, seem uninterested in controlling their money from the grave. More



Federal advocates press lawmakers to spare benefits
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A coalition of 22 federal unions, employee groups and management associations pressed senators to reject sweeping changes to federal pay, benefits and staffing levels as they prepare a 2012 budget plan. In a letter the Federal-Postal Coalition told Senate Budget Committee Chairman Kent Conrad, D-N.D., and ranking Republican Jeff Sessions of Alabama that the fiscal 2012 budget plan passed in April by the House is "short-sighted, unfair and unreasonable." That plan, proposed by Rep. Paul Ryan, R-Wis., would halt federal employee pay raises — including step increases — for five years, cut the federal workforce by 10 percent and significantly increase employees' contributions to their pension plans. More

How federal worker pensions might be targeted
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
After years of fighting for and against it, the White House and congressional negotiators are seriously discussing the possibility of forcing at least some federal employees to pay more toward their retirement pension. How would it happen? Both sides are tight-lipped on specifics, but President Barack Obama's bipartisan fiscal commission, Republicans and outside groups are pushing at least five substantive proposals. More

Big slowdown in federal hiring
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
President Barack Obama proposed a $1 billion boost in the Social Security Administration's budget for next year. And even though agencies got a little breathing room once Congress finally passed a 2011 spending bill in April, experts agree that won't last for long. At best, said John Palguta, vice president for policy at the Partnership for Public Service, future federal hiring will occur in "fits and starts." More

Proposed pension change seen as tarnishing federal service
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A proposal to significantly increase payroll deductions of federal workers to contribute to the federal pension fund may make public service less attractive and possibly hasten an exodus among current workers eligible for retirement, some observers and workers said. The Washington Post reported that lawmakers and White House officials are considering the proposal as a way to help trim the budget. More

Federal workers raise the roof — and pay Uncle Sam's bills
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Uncle Sam is running a little short, and he has turned to his loyal staff for help. It's ironic that even as government leaders consider cuts to federal employees' retirement programs, those same programs are being used to make room under the debt ceiling. When the ceiling was reached, Treasury Secretary Timothy F. Geithner told Congress that the Civil Service Retirement and Disability Fund had to take a hit to keep the government afloat. More

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Seniors exercise right to a better, more youthful life
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
No hitting the snooze button for Sandy and Bette Baldwin, a couple who love their active life in the St. Andrews Estate retirement community in Boca Raton, Fla. They could choose to ease into morning after a lifetime of working hard and raising a family, but not these two. The Baldwins set an alarm, get out of bed by 6:30 a.m. and lace up running shoes — except on the two days of the week when they work on resistance training and balance. Experts on aging, concerned about the 77 million baby boomers and the rapidly growing older population, say more people need to adopt the Baldwins' commitment to physical activity. More



Pace of senior living quickens
Omaha World Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Joe and Marilyn Freeman decided to sell their house, it wasn't because they were ready to slow down. The couple wasn't looking for the kind of retirement that comes with set meal times or a tiny apartment in a sprawling home for senior citizens. A quieter neighborhood and a little help with the yard work, sure. But the Freemans wanted more: A place where they would find it easy to stay active and engaged with the community. Across the country, a growing number of newer retirees are thinking the same way — and forcing developers to change the way they approach senior housing. More

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How to get reinspired for midlife job search
The Atlanta Journal-Constitution    Share    Share on FacebookTwitterShare on LinkedinE-mail article
What is it about a job search that takes the wind out of a person's sails? It should feel like an opportunity to meet new people, to talk about the future, to consider working in new places. Why does it feel instead like tying weights to your feet before running a marathon? If you've been lying low for any reason, or even if you've been trying hard but getting discouraged at your job search, now's the time to start fresh. Here are a few thoughts to help get you going. More



The silent generation: Group retired but not yet ready for senior living
Inforum    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While the "silent generation," those on the verge of retirement but not ready for assisted living, might be leaving the workforce in a few years, these residents likely won't require assisted-living help for at least a decade or more. More retirees are deciding to stay in their homes longer, unless unforeseen circumstances or health problems force them to seek alternative or more full-time care before they'd like. More



Baby boomers eye adventure, bucket list
CNN    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The nation's 79 million baby boomers — Americans born between 1946 and 1964 — account for more than a quarter of the total U.S. population, according to the Pew Research Center. This year, the oldest are turning 65 and almost two-thirds of them — 61% — say they plan to increase their travel, according to a recent survey. Baby boomers are intrigued by popular TV shows like "The Amazing Race" and "Survivor," have large budgets and crave trips that offer authentic cultural experiences, according to a study released last year by the George Washington University School of Business and the Adventure Travel Trade Association. More

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How much is brand snobbery costing you?
WalletPop    Share    Share on FacebookTwitterShare on LinkedinE-mail article
You might not consider yourself a brand snob. Many of us haven't so much as glanced in the direction of a designer label since the advent of the credit crunch, and we take our cost-cutting seriously nowadays. However, there's one place where it is so deeply ingrained in our psyche that we don't even notice we're choosing brands — the supermarket — and a recent taste test reveals we could be wasting a fortune. More

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A NARFE member wants to know about the interest paid on 'voluntary contributions' made by CSRS employees
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Question: What is the 2011 interest rate for the Voluntary Contributions Program? More



NARFE radio spots defend federal employees and retirees
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
NARFE's new 60-second radio ads are airing on WTOP Radio in Washington, D.C., in conjunction with NARFE's Protect America's Heartbeat campaign. Click here to listen.

NARFE's legislative director will be featured on radio show
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
On May 20, at 11 a.m. EDT, NARFE Legislative Director Dan Adcock will be a guest on "FEDtalk" on WFED, Federal News Radio. The program will focus on congressional proposals to cut federal retirement benefits. To listen online, click here.

NARFE NewsWatch available through MultiBriefs app
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
NARFE understands the need to deliver timely, relevant news to its members. In partnering with MultiBriefs to create the NARFE NewsWatch, the association committed itself to providing updates on a weekly basis. The NARFE NewsWatch is also available on the MultiBriefs app, available for the Apple iPhone and iPod Touch in the App Store. Simply search "MultiBriefs" and download the app free of charge. After it's downloaded, you may add the NARFE feed. News is streamed into your iPhone or iPod Touch each week. Android phone users also may access the app by going to the Android Marketplace and searching "MultiBriefs" to access the Android version of the app.

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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NARFE NewsWatch from the National Active and Retired Federal Employees Association
Disclaimer: The articles that appear in NARFE NewsWatch are chosen from a variety of sources to reflect topics of interest to active and retired federal employees. With the exception of Federal Benefits Question of the Week and News From NARFE, an article's inclusion in NARFE NewsWatch does not imply that the National Active and Retired Federal Employees Association (NARFE) endorses, supports or verifies its contents or expressed opinions. Factual errors are the responsibility of the listed publication.

Colby Horton, vice president of publishing, 469.420.2601   Download media kit
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