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This issue of NewsWatch is provided by NARFE, a nonprofit membership organization dedicated to protecting and enhancing the earned pay, retirement and health care benefits of federal employees, retirees and their survivors. Please join today!

NEWS FROM NARFE

NARFE president issues statement following OPM security breach
NARFE
NARFE President Richard G. Thissen issued a statement (http://www.narfe.org/departments/home/articles.cfm?ID=3835) after hearing directly from an official of the Office of Personnel Management that the personnel records, including personally identifiable information, of 4 million current and former federal employees were exposed to a cyberattack.

"I want to stress that we were told by OPM that retirement records, including those of spouses and survivors, were not compromised in this breach," Thissen said. "The data accessed by the hackers was employment data. However, some of the individuals affected may no longer be employed by the federal government, whether they retired or left federal service. Approximately one million federal retirees are affected by this incident, and they will be receiving notification letters by email or postal service over the next two weeks."

NARFE is staying in close contact with OPM and the administration as they determine the extent of the data breach and will continue to keep its members informed regarding this incident. For the most up-to-date information, visit http://www.csid.com/opm/. NARFE members should contact NARFE's Federal Benefits Service Department at 703-838-7760 or fedbenefits@narfe.org if they have any questions.
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FEDERAL BENEFITS QUESTION OF THE WEEK

NARFE's members are well informed on their benefits and retirement options. Qualified benefit specialists are on hand to help members personally and to publish answers to questions like these every month in narfe magazine. Join NARFE today.


Thrift Savings Plan
NARFE
Question: I am over age 70-1/2 and am receiving the required minimum distribution from my Thrift Savings Plan account and some of my individual retirement accounts. What does my wife need to do about these accounts when I die? She is already listed as my primary beneficiary.
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FEDERAL UPDATE


OPM to send data breach notifications to federal employees this week
Government Executive
The Office of Personnel Management announced June 4 that next week it would begin sending 4 million current and former federal employees notifications that their personal information has been breached in a massive hacking incident that investigators discovered in April. In an announcement posted on its website, OPM said that beginning June 8 and continuing through June 19, the agency will send notifications to the millions of people whose personal data was compromised in the breach.
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NARFE chief prods top HR officials on phased retirement
Federal Soup
The leader of a leading federal employees group is urging the government's top human resources official to help move along the implementation of phased retirement. Richard Thissen, national president of the National Active and Retired Federal Employees Association, directed the request to Office of Personnel Management Director Katherine Archuleta in her capacity as chair of the Chief Human Capital Officers Council.
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Report: Social Security overpaid nearly half on disability
The Associated Press via Federal News Radio
Social Security overpaid nearly half the people receiving disability benefits over the past decade, according to a government watchdog, raising questions about the management of the cash-strapped program. In all, Social Security overpaid beneficiaries by nearly $17 billion, according to a 10-year study by the agency's inspector general.
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USPS can't keep rate increase forever, court rules
The Washington Post
The U.S. Postal Service will have to roll back a portion of its largest rate increase in 11 years after a federal court ruled that the higher postage prices in place since January 2014 can't be permanent. Postal regulators had agreed to a 3-cent emergency postage hike for first-class letters, to 49 cents from 46 cents, after the Postal Service said it needed to recoup billions of dollars it lost during the recession.
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FINANCES


Consumer watchdog weighs in on reverse mortgages
CNBC
Baby boomers are coming up short on retirement savings, but most of them have a key asset they bring to their later years: their homes. Tapping that asset in the form of a reverse mortgage is becoming a popular way for seniors to generate income after they stop working, and reforms in recent years have reduced or eliminated many of the problems these loans presented in the past.
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HEALTH


From bad breath to car accidents, dehydration is a real health threat
Health.com via CNN
It doesn't take much to become dehydrated. Lose just 1.5 percent of the water in your body (the human body is usually about 60 percent H2O), and you've reached the tipping point of mild dehydration. It can be brought on by many things — and it can do much more to your body than just make you feel thirsty. Dehydration also brings on health effects ranging from fatigue and smelly breath to more dangerous consequences like distracted driving.
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SECOND CAREERS


Part-time job ideas for baby boomers
Fox Business
More and more baby boomers are working past the traditional retirement age, either by choice or for financial reasons. And part-time employment is becoming increasingly more popular for those boomers who want to reduce their workload and still bring home a paycheck. "Some people are not prepared financially or mentally to retire," says Michael Bivona, a retired CPA and author.
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TRAVEL


Top 20 museums around the world
CNN
The Louvre is the world's most popular museum, according to the 2014 Museum Index by the Themed Entertainment Association and AECOM. The Louvre welcomed 9.3 million visitors in 2014. Click through the gallery to see the rest of the world's most popular museums, according to the report.
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CONSUMER TIPS


Bird flu causes egg prices to soar
KFOR-TV
You can't make an omelet without breaking a few eggs, right? Be extra careful now, though. Those broken eggs may cost you more pretty soon. The recent bird flu outbreak is wreaking havoc on the nation's poultry industry.
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We are NARFE! Join us!
The National Active and Retired Federal Employees Association is the only membership organization solely dedicated to protecting and preserving the benefits of all federal workers and retirees. NARFE is your legislative voice and your information resource.

Visit NARFE on the Web at www.narfe.org.



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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
Bianca Gibson, Executive Editor, 469.420.2611   Contribute news
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