NARFE announces 'Advocacy in Action' competition
To thank grass-roots members who are working hard this year to fight back against proposals to cut federal employee pay and benefits, the Association will award two free registrations to the 2013 NARFE Legislative Training Conference to the state federation whose members have made the most contact with their federal lawmakers. One registration will be awarded for action between Jan. 1 and June 30, the other for action between July 1 and Dec. 31. Points will be assigned for various activities ranging from one point for an email message sent through the NARFE Legislative Action Center to 40 points for a meeting with a member of the House or Senate. Chapters and federations can earn points for conducting a letter-writing event (15 points) or hosting a candidate forum (50 points). The Legislative Training Conference, a biennial event, will be March 9-12 in Arlington, Va. For more information on the competition, click here.
Tax treatment of federal annuities
Question: Which states do not tax federal civil service annuities? More
OPM continues to whittle away at pension backlog
Federal Times Share
The Office of Personnel Management has cut its backlog of unprocessed pension claims by 21 percent in the five months since it unveiled a new strategy to fix the longstanding problem. According to statistics posted online, OPM cut the backlog by 1,150 cases in June, bringing the backlog down to 48,323 unprocessed claims. In January, when OPM announced its plan to fix its problematic pension process, the inventory was 61,108. More
Obama signs highway, student loan deal with phased retirement
The Associated Press via Federal News Radio Share
President Barack Obama signed legislation July 6 maintaining jobs on transportation projects and preventing interest rate increases on new loans to millions of college students, saying it would "make a real difference" for millions of Americans. The bill spared changes to federal retirement benefits and allows retirement-eligible federal employees to opt for a partial retirement. More
Retiring employees can still count on COLA
Federal Times Share
With the specter of higher pension contribution rates in a recently House-passed bill, employees are looking forward to lower take-home pay in exchange for the same benefits. As a result, many who are eligible to retire are seriously considering doing that. If you are one of them, there's one piece of good news: Congress hasn't yet managed to alter the law that provides annual cost-of-living adjustments to retirees. More
5 ways to avoid aging (or at least slow it down)
Unfortunately, while we're living longer than ever, our "health span" — the stretch of time when we're healthy enough to actually enjoy life, not just hang onto it — isn't gaining much ground. "Much of the decline that we experience as we age is not a necessary function of aging. It's a result of our expectations and mindset," says Ellen Langer, Ph.D., a professor of social psychology at Harvard, who studies aging. "We expect to fall apart, so we allow ourselves to fall apart." More
New numbers on elder care
The New York Times Share
Every day, Bureau of Labor Statistics interviewers ask Americans to detail how they spent the previous 24 hours, how many minutes and hours they devoted to everything from shopping to child care to phone calls. The results make up the American Time Use Survey. It began in 2003, but only last year did the bureau start asking about a key activity for millions of people — elder care. More
Interviewing for introverts
Forward Motion Share
Introverts can have a difficult time expressing their enthusiasm during an interview. Introversion can easily be misread as a lack of interest in the position or even a lack of self-confidence. You don't have to be a whiz-bang-sell-yourself-extrovert to get a job offer. But you do have to convince your future employer of the following three things. More
Working until 70 could ease retirement finances
USA Today Share
Many baby boomers head to work each day and wonder, "So what's the number?" How many more years do they need to keep working? It turns out that if many of us could just keep working until age 70, we could be OK in retirement, according to a new study. More
Consumer Reports: Is travel insurance worth it?
Consumer Reports via WABC-TV Share
Planning a vacation? Whether you book online or use a travel agent, expect a pitch for travel insurance. And given all the perils that could derail your trip, including medical emergencies, natural disasters and even political upheavals, travel insurance can be worth considering. But Consumer Reports cautions that travel insurance isn't always a great deal. More
4 tips for buying brand-name clothes on a budget
Money Talks News Share
Living on a budget doesn't have to mean giving up every last luxury. Read on for tips to find designer clothing and shoes for half the retail price. More
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